180 Tices Ln East Brunswick, NJ 08816
- Commercial real estate
- 27,750 SF
- 2.72 lot acres
Current Use by Public Records
- Finbothub / Mortgage Lender
- New Jersey Videography / Video Production Service / Photographer
- Core Spine and Wellness / Chiropractor
- MIT Acupuncture. Maria I. Trivino LAc. / Acupuncturist
- Saleem Brown / Social Worker / Psychologist
Property Details for 180 Tices Ln
- Year built
- 1989
- Lot size
- 2.72 lot acres
- Property size
- 27,750 SF
- Zone code
- OP1
- Property type
- Commercial real estate
- APN
- 04 00029- 08-00015
- APU
- 4000290800015
Description
This exceptional Class A office building, located at 180 Tices Lane in East Brunswick, New Jersey, offers a variety of suite sizes perfect for various business needs. The property boasts a total of 35,000 square feet across two stories, situated on a generous 8-acre lot. Currently, there are 4,900 square feet of vacant space available, with individual suites ranging from 400 to 1,200 square feet. Built in 1989 and extensively renovated in 2017, this property provides modern amenities and a professional atmosphere. The building is zoned OP1 and features ample parking with 140 spaces, along with convenient elevator access. The property's diverse suite sizes cater to businesses of all scales, from small startups to established enterprises. This location offers easy access to major transportation routes, making it an ideal location for businesses seeking convenient commutes for employees and clients. All common area maintenance (CAM) charges are included in the rent, along with Wi-Fi access within the building. This turnkey solution allows businesses to focus on their core operations without the added burden of operational expenses. The property's extensive renovations ensure a modern and efficient workspace, providing a high-quality environment for employees and clients alike. This is a rare opportunity to secure premium office space in a highly desirable East Brunswick location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $660,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $990,000
- 6.5%
- $1,060,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $895,000
- Geo Method
- $950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,010,000
- Retail
- $885,000
- Mixed-Use
- $1,015,000
- Hospitality
- $895,000
- Educational
- $885,000
- Residential Income
- $900,000
- Energy
- $975,000
- Income-Based Land
- $935,000
- Food Service
- $905,000
Location Insight
- Map
- Local Demand
- City
- East Brunswick
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4238
- Latitude
- 40.455
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA