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2740 Morris Plains Ave Morris Plains, NJ 07950

OFF-MARKET Office Spaces Google Maps
2,176 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional Class A office condo, located at 2740 Route 10 West, Unit 105A, Morris Plains, NJ 07950, presents a unique opportunity for owner-users and investors. Priced at $299,000, this 2,176 square foot single-tenant space boasts a desirable location on bustling Route 10, offering unparalleled visibility and convenient access to major highways and local amenities. The first-floor unit provides a versatile layout suitable for a variety of business needs, creating a comfortable and professional environment. Its prime location ensures easy commutes for employees, enhancing productivity and job satisfaction. The property's investment potential is significant, with opportunities for additional rental income, making it an attractive option for both business use and financial growth. The asking price equates to $137.41 per square foot. This is a rare chance to own your office space instead of renting, offering long-term stability and potential for substantial return on investment. Don't miss this chance to secure your business's future in this highly sought-after Morris County location. The property is classified as both a medical and traditional office space.

Property profile

Verified
Property type Office Spaces
Total area 2,176 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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