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    OFF-MARKET
    Land

    375 Spotswood Englishtown Rd, Monroe Township, NJ 08831

    3,608 SF Built 1978
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 375 Spotswood Englishtown Road in Monroe Township, New Jersey (zip code 08831), presents a unique investment opportunity. The 0.313-acre lot boasts a total area of 3,608 square feet and is situated on a highly visible corner lot. Built in 1978, the property features a two-story structure with a newly renovated commercial space currently operating as a barber shop. This space includes its own bathroom and a private entrance from a connecting street, offering significant street exposure and potential for diverse commercial uses. The existing building provides ample opportunity for expansion or redevelopment. The property also includes a dedicated parking lot, enhancing its commercial appeal. The asking price for this versatile property is $850,000. The property's location in Middlesex County, New Jersey, offers easy access to major transportation routes and a thriving local economy. This is an ideal opportunity for investors seeking a blend of residential and commercial potential, or for entrepreneurs looking to establish a business in a high-traffic area. The property's existing infrastructure and prime location make it a highly attractive investment prospect. The property is zoned for commercial use. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Year built 1978
    Total area 3,608 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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