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Property profile & analytics
FOR LEASE
Commercial real estate

10 Shawnee Dr Watchung, NJ 07069

8,360 SF 1.06 ac lot Built 1976
Individually Owned Absentee Owner Free & Clear
Property ID
US59-1397758
Property summary
AI-generated overview

This exceptional 987-square-foot executive office suite is situated in a single-story, 10,000-square-foot building located in Somerset County. Built in 1990 and extensively renovated in 2022, the property boasts a desirable location with excellent visibility facing Mountain Boulevard. The suite itself is ideally configured for medical or professional use, previously serving as a medical exam and testing facility. The layout includes four exam rooms, a private office, a spacious waiting room with reception area, and two private bathrooms. The suite features 9-foot ceilings and windows on two sides, providing ample natural light. The building offers convenient off-street parking with 80 spaces available. The property sits on a 1.06-acre lot and is zoned BB. Electrical service is 150 amps at 212 volts. This is a rare opportunity to acquire a move-in ready executive office suite in a highly desirable location. The property is currently available for multiple tenancy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1976
Construction FRAME
Total area 8,360 SF
Lot 1.06 ac (46,174 SF)
Zoning code B-B
APN 21 00204-0000-00004
UPID US59-1397758
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$823k
Blend (final) Blend
$1.34M
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
B-B · Watchung, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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