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    Prospect Plains Rd Monroe, NJ 08831
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    Prospect Plains Rd, Monroe, NJ 08831

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    • Commercial real estate
    • 0.44 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Prospect Plains Rd

    Year built
    1952
    Lot size
    0.44 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.44-acre commercial property in Monroe, NJ, presents a unique investment opportunity. Currently zoned for general commercial use, it boasts preliminary approvals for a medical office, though the applicant will need to refile with the township. This makes it ideal for medical professionals or businesses seeking a high-visibility location within a thriving community. The property's strategic location offers unparalleled convenience, situated minutes from the NJ Turnpike and Route 33, providing easy access for clients and employees. The area is home to eleven established adult communities, as well as prominent healthcare facilities like St. Peter's and RWJ hospitals, ensuring a strong potential client base. Architectural plans are included in the sale, providing a solid foundation for development. The asking price is $715,000. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property and its zoning compliance. This is a rare chance to acquire a well-situated commercial property with significant potential in a highly desirable area. The property's proximity to major roadways and established residential communities makes it an attractive proposition for a variety of commercial ventures. Don't miss this opportunity to establish your business in a prime location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Monroe
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4387
    Latitude
    40.3179
    More about this property
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