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3228 State Rte South Brunswick Township, NJ 08824

OFF-MARKET Office Spaces Google Maps
Built 2000
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,600 square foot, two-story office building situated on a 1.22-acre lot at 3228 State Route 27 in South Brunswick Township, New Jersey, zip code 08824. Constructed in 2000, the property boasts six individual suites, providing flexibility for various business needs. A convenient elevator ensures easy access to all floors. Ample parking is available on-site, catering to both tenants and visitors. The building's strategic location offers excellent highway accessibility, enhancing its appeal and visibility. Currently, the owner/tenant occupies one suite and intends to remain. The remaining five suites are occupied by tenants on month-to-month leases, indicating strong occupancy and potential for future rental income growth. The asking price for this property is $2,250,000. This presents a rare chance to acquire a well-maintained, established office building in a desirable New Jersey location. The property's strong tenant occupancy and prime location make it an attractive investment prospect. The building's size and layout offer significant potential for future development or expansion. This is a turnkey opportunity for an investor seeking a stable, income-producing asset in a thriving commercial area.

Property profile

Verified
Property type Office Spaces
Year built 2000

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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