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    OFF-MARKET
    Office Spaces

    350 Main St, Chatham Township, NJ 07928

    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
    Verified
    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
    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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