404 Nj-31 Lambertville, NJ 08530
This exceptional 4,000 square foot flex/retail space offers high visibility on Route 31, providing excellent exposure for your business. Located in the Flemington submarket, this single-story, 15,000 square foot building boasts a convenient location with easy access to major roadways including Route 202 and I-95, making it easily accessible from Flemington, Somerville, and Bucks County, PA. Built in 1989, the property sits on 3.23 acres of land and features a 12-15 foot ceiling height, perfect for a variety of uses. The space itself is open plan and air-conditioned, previously used as a showroom. Two bathrooms and a dedicated storage room add to the functionality. Eleven parking spaces are available directly at the entrance for customer and employee convenience. The property is zoned LHC and offers electric power. While there are no loading docks or drive-in doors, the high visibility and convenient location make this an ideal space for retail or flex use. Property taxes are $1.66 per square foot. This is a rare opportunity to secure a high-visibility space in a thriving location. Don't miss out on this chance to establish your business in a prime commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.