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Property profile & analytics

Rt 523 Flemington, NJ 08822

  • Commercial real estate
  • 2.40 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Rt 523

Year built
1967
Lot size
2.40 lot acres
Property type
Commercial real estate

Description

This exceptional 2.4-acre commercial property in Flemington, NJ, presents a unique investment opportunity. Located on Route 523, the property boasts a highly visible street frontage with a significant setback, creating an attractive and accessible location for a variety of businesses. The main building offers substantial space at 3,381 square feet, providing ample room for operations or expansion. An additional outbuilding, complete with power and a loft, adds versatility and potential for storage or auxiliary uses. The property features a well-maintained, tree-lined landscape, enhancing its curb appeal and creating a pleasant environment. A large, paved off-street parking lot ensures convenient parking for customers and employees. The property also benefits from a private, wooded area at the rear, offering a sense of seclusion and additional space. The existing infrastructure, including the curbed driveway and ample parking, minimizes the need for significant upfront investment. This mixed-use property offers considerable flexibility, potentially accommodating commercial ventures, live-work arrangements, or even residential uses, subject to obtaining the necessary variances. While previous uses may have included medical applications, the suitability of such uses post-sale is not guaranteed and requires further investigation. Detailed 3D models, walkthroughs, and floor plans are available to provide a comprehensive understanding of the property's layout and potential. This is an ideal opportunity for an entrepreneur or investor seeking a versatile and well-located commercial property in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Flemington
County
Hunterdon
State
New Jersey
Longitude
-74.8538
Latitude
40.5148
More about this property
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