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Property profile & analytics
OFF-MARKET
Commercial real estate

451-453 State Rte 33 Millstone, NJ 08535

6,000 SF 2 ac lot Built 1960
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1960
Total area 6,000 SF
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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