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Property profile & analytics
OFF-MARKET
Day care centers

185 Nj-183 Stanhope, NJ 07874

19,672 SF 0.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19,672 square foot mixed-use building presents a remarkable investment opportunity in Stanhope, New Jersey. Located at 185 NJ-183, this single-story property boasts a prime location at the desirable intersection of I-80, Route 206, and NJ-183, ensuring high visibility and accessibility. The building features both main and secondary entrances with welcoming reception areas, private offices, and conference rooms, ideal for a variety of uses. Multiple-stall and private bathrooms cater to diverse needs, while a cafeteria and atrium provide comfortable common spaces. Ample parking is available in front and to the side of the building. Recent updates include new flooring and a newer HVAC system, minimizing maintenance concerns. Currently occupied by a health service provider, this Highway Commercially zoned property offers immense potential for a wide range of businesses, including private schools, medical offices, restaurants, banks, gyms, or retail establishments. The asking price is $2,390,000 ($121.49/SF) for this 0.8-acre lot. Lease options are available. Don't miss this chance to acquire a versatile and well-maintained property in a high-traffic area.

Property profile
Verified
Property type Day care centers
Total area 19,672 SF
Lot 0.8 ac (34,848 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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