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Property profile & analytics
OFF-MARKET Estimated value $1,800,000
Commercial real estate

11 Dundar Rd Springfield, NJ 07081-3553

14,000 SF 0.56 ac lot Built 1986
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-2021332
Property summary
AI-generated overview

This exceptional 1,196 square foot executive office suite is located on the second floor of an established Class B office building at 11 Dundar Road, Springfield Township, NJ 07081. The building, situated on a 0.56-acre lot, offers a professional environment with a diverse tenant mix including medical professionals and accountants. This particular suite is immediately available for lease and presents a fantastic opportunity for a business seeking a well-maintained space in a desirable location. The building itself totals 14,000 square feet and is a two-story structure. The suite's size makes it ideal for a variety of businesses, offering ample space for both individual offices and collaborative work areas. Its location in Union County provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. The building's existing tenant base suggests a strong and stable community of professionals. This is a multiple tenancy building, offering a vibrant and collaborative atmosphere. The property is classified as an Executive Office, reflecting its high-quality finishes and professional ambiance. Don't miss this chance to secure this prime office space in a thriving business community. Inquire today to schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction CONCRETE BLOCKS
Total area 14,000 SF
Lot 0.56 ac (24,202 SF)
APN 17 03903-0000-00006
UPID US59-2021332
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
Current use
Occupant on record · Public records
  • Giusto Thomas J DDS Dental Office
  • Confidential Behavioral Care Physician
  • Olubunmi Adetule Physician
  • Vocational Consulting Group Counselor
  • Emmanuel Anyanwu Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.80M
Owner & transaction history
Lvnc Holdings LLC · 1 yrs held
Lvnc Holdings LLC
since 2024
Last sale
$1.8M
1 recorded transaction
2024
$1.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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