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    OFF-MARKET
    Office Spaces

    525-537 Rte Washington, NJ 07882

    13,000 SF 3.24 ac lot
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    Property summary
    AI-generated overview

    This ±13,000 square foot medical office building, located at 525-537 Route 57 in Washington, New Jersey (zip code 07882), presents a unique investment opportunity. Situated on a 3.24-acre lot (Block 46, Lot 12), the property is currently undergoing both interior and exterior renovations. The building features four medical/office units, each boasting 12-foot ceiling heights (slab to slab). Ample parking is available, with a ratio of 2.86 spaces per 1,000 square feet. The property is zoned for General Commercial use and currently vacant, making it ideal for immediate occupancy or lease. There is no loading dock on the premises. The 2023 property taxes were $41,437.25. This prime location in Warren County, New Jersey offers excellent visibility and accessibility. The property is available for sale or lease. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Office Spaces
    Total area 13,000 SF
    Lot 3.24 ac (141,134 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
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    Owner & transaction history
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    Zoning & alternative use
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