198 Us-202 Flemington, NJ 08822
This exceptional 12-acre property, located at 198 Route 202 in Flemington, New Jersey (Hunterdon County, zip code 08822), presents a unique opportunity for a variety of commercial and industrial uses. The site is a vacant, graveled lot, fully fenced and secured, offering immediate usability. Its diverse potential applications include industrial outside storage, truck and trailer parking, bus parking, vehicle storage, car dealerships, car parking, truck repair and fleet services, equipment rental, and contractor yards. The property boasts convenient access to major highways, including Routes 202, 78, 295, 95, and 22, ensuring excellent transportation links. Adding to its functionality, the property also includes an existing office/security space. This versatile land parcel is available for sale following township approvals, or can be leased in its entirety. Furthermore, the owner is open to considering divisible leasing options or build-to-suit opportunities to accommodate specific tenant requirements. This presents a rare chance to acquire a strategically located, well-secured, and highly adaptable industrial property in a thriving New Jersey market.
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
Similar Nearby for Sale
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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.