350 Main St, Chatham Township, NJ 07928
This $699,000 redevelopment opportunity in Chatham Township, NJ (Morris County, zip code 07928) at 350 Main St presents a unique chance to acquire a prime development site with approved plans. The plans feature a state-of-the-art office space designed to meet the demands of modern businesses. The design incorporates a thoughtful blend of private offices for focused work, collaborative meeting spaces to encourage teamwork and innovation, and inviting lounge areas to promote interaction and relaxation. This project significantly reduces development risk by eliminating the time and expense of securing planning approvals. The property benefits from a prime location within an area known for its established infrastructure and strong market demand for office space. This modern design caters to the evolving needs of today's workforce, offering a functional and inspiring work environment. This is an exceptional opportunity to capitalize on a thriving market and create a successful, high-demand office space. The property is classified as both medical and traditional office space.
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.