Property profile

3 Nj-31 Flemington, NJ 08822

OFF-MARKET
Land
23,454 SF 2.3 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 3 Route 31 in Flemington, New Jersey, presents a significant opportunity for businesses seeking a substantial presence in a thriving market. The property encompasses 2.3 acres of land, offering ample space for development or expansion. The existing building boasts a generous 23,454 square feet of space, suitable for a variety of commercial uses. The single-tenant configuration provides flexibility and control. With a convenient location on Route 31, this property benefits from high visibility and easy access to major transportation routes. The ample parking, accommodating 120 vehicles, ensures convenient access for employees and customers. The property's zoning and permitted uses should be verified independently. This is an ideal location for businesses seeking a prominent and functional space in a dynamic New Jersey market. The property is zoned for commercial use and offers significant potential for growth and development. The 08822 zip code offers a strong local economy and a desirable location for businesses. This property is available for lease. Detailed site plans and specifications are available upon request. Serious inquiries only.

Property profile

Verified
Property type Land
Total area 23,454 SF
Lot 2.3 ac (100,188 SF)

Cap rate & NOI

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

Location

3 Nj-31 Flemington, NJ 08822
Flemington metro
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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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