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OFF-MARKET
Specialty properties

1167 State Rte 28 Branchburg, NJ 08876-3340

1,804 SF 4.1 ac lot Built 1967
Individually Owned 28-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-1755481
Property summary
AI-generated overview

This exceptional 4.1-acre commercial property in Branchburg Township, New Jersey, presents a remarkable investment opportunity. Located at 1167 State Route 28, this parcel boasts 410 feet of frontage and is zoned LD, offering diverse development possibilities. The property includes a 1,800 square foot freestanding building, renovated in 1995, featuring a reception area, three exam rooms, an x-ray room, two private offices, a back room with shower and laundry hookups, a kitchenette, and a full and half bathroom. The building, previously used as a veterinary clinic, has a trussed roof, simplifying potential remodeling. Existing infrastructure includes electrical, water, gas, and sewer connections, along with a newer HVAC system (approximately 3 years old). The property also features a spacious fenced-in outdoor area with a patio and storage shed, and a large paved parking lot. Its prime location offers high visibility and easy access, situated near Raritan Valley Community College. The township is open to exploring alternative zoning options, further enhancing the property's potential. Asking price is $650,000. The property was built in 1967 and is a single-story structure.

Property profile
Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1967
Total area 1,804 SF
Lot 4.1 ac (178,596 SF)
Zoning code LD
APN 05 00003-0000-00035
UPID US59-1755481
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Karin Derfuss
Karin Derfuss
1 recorded transaction
1969
Price N/A
Zoning & alternative use
LD · Branchburg, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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