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    OFF-MARKET
    Day care centers

    430 Nj-10, Randolph, NJ 07869

    12,290 SF 1.66 ac lot Built 1968
    Property ID
    Property summary
    AI-generated overview

    This exceptional freestanding commercial building, situated on a 1.66-acre lot in Randolph, New Jersey, presents a unique investment opportunity. Located on Route 10, this three-story building boasts 12,290 square feet of space, offering significant versatility. Currently configured as a bank, the property's B-4 zoning permits a wide range of adaptive reuse options, including restaurant, office, medical, retail, or recreational uses. The building features a convenient drive-thru window with overhang. The first floor encompasses 5,560 square feet, the second floor 2,250 square feet, and the fully sprinklered basement offers an additional 4,780 square feet of usable space with multiple exits. The property includes 51 parking spaces and is serviced by a septic system and well. This value-add opportunity is priced at $1,575,000 and is ideal for owner-users seeking a prominent location with substantial space and development potential. The building was constructed in 1968.

    Property profile
    Verified
    Property type Day care centers
    Year built 1968
    Total area 12,290 SF
    Lot 1.66 ac (72,310 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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