699 Rt 202 Branchburg, NJ 08853
This exceptional Class A office building, located at 699 Rt 202 in Flemington, New Jersey (zip code 08853), presents a unique investment opportunity. The 6,000 square foot, two-story brick structure, built in 1983, sits on a 2.33-acre lot and is currently vacant, offering immediate occupancy. The property is zoned for office use and features three entrances, ample parking, and substantial storage space. The interior boasts updated office space (approximately 5,888 square feet) that can be easily divided into multiple suites, incorporating open areas, conference rooms, a kitchen, one full bathroom, and five half-bathrooms. The building's prime location on Route 202 in Hunterdon County provides excellent visibility and accessibility. Expansion possibilities exist on the existing lot. While currently configured as office space, a variance may allow for retail use. The property is available for both sale ($995,001 asking price) and lease under a NNN lease agreement. This presents a compelling opportunity for businesses seeking a prominent location in a thriving area. The property's size and layout make it particularly well-suited for IT professionals, but its versatility allows for a range of potential uses.
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
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.