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350 Main St Chatham Township, NJ 07928

OFF-MARKET Office Spaces Google Maps
Estimated value
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Property ID

Property summary

AI-generated overview

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.

Property profile

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Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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