451-453 State Rte 33 Millstone, NJ 08535
This exceptional investment opportunity presents two commercial buildings situated on a prime 2-acre corner lot in Millstone, NJ. The property boasts a total of 6,000 square feet and benefits from a C-50 zoning designation, allowing for a variety of uses. One building is currently leased as a retail store, generating immediate income. The second building is available for immediate occupancy, providing flexibility for an owner-occupier or a new tenant. The property features ample parking, ideal for both tenants and customers. Its location at a signalized intersection ensures high visibility and significant daily traffic counts, making it an excellent location for signage and attracting customers. The property's strategic placement offers exceptional exposure to the substantial amount of new residential construction currently underway in the booming Millstone area. This presents a unique chance to capitalize on the growth and increased demand for commercial services in this thriving community. The property's versatility allows for a range of commercial uses, including retail, office space, and potentially medical facilities. This is a rare opportunity to acquire a well-positioned, income-generating commercial property with significant upside potential. The asking price is $1,499,000.
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.