2 Nj-31, Pennington, NJ 08534
This exceptional retail property, located at 2 NJ-31 in Pennington, New Jersey, offers 10,711 square feet of versatile space on a 2.5-acre lot. The property boasts 40 parking spaces, providing ample convenience for customers and employees. Its strategic location at a traffic signal ensures high visibility and accessibility, further enhanced by the availability of pylon signage. The diverse range of existing businesses in the immediate vicinity includes office spaces, banks with drive-thru facilities, childcare centers, schools, professional offices, a research laboratory, and a cannabis establishment, indicating a thriving and diverse commercial environment. This presents a unique opportunity for a variety of retail businesses seeking a prominent location in a well-established community. The property's size and ample parking make it suitable for a wide range of uses, from larger retail operations to smaller businesses seeking expansion. The high traffic count and visibility at the traffic signal intersection offer unparalleled exposure to potential customers. The existing infrastructure and diverse mix of businesses create a synergistic environment, promising strong potential for success. This property is offered for sale and presents a compelling investment opportunity in a desirable New Jersey location. The zip code is 08534, and the property is situated in Mercer County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.