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Property profile & analytics
OFF-MARKET Estimated value $980,000
Commercial real estate

172 Washington Vly Rd Warren, NJ 07059-7178

1.52 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-0050377
Property summary
AI-generated overview

This exceptional 1,123-square-foot office suite is ideally located at 172 Washington Valley Road in Warren, New Jersey, zip code 07059. Situated on the first floor, this single-tenant space offers a high level of convenience and privacy. The suite boasts a private bathroom, enhancing the comfort and functionality of the space. Two separate entrances provide flexibility and accessibility for both clients and staff. The building itself is exceptionally well-maintained, reflecting a commitment to quality and a professional environment. Ample parking is readily available in the building's private parking lot, eliminating parking hassles for occupants and visitors. This prime location offers unparalleled access to major transportation arteries, with close proximity to US-22 and I-78, ensuring easy commutes for employees and convenient access for clients throughout the region. The property's versatile design makes it suitable for a variety of professional uses, including traditional office spaces, executive suites, and medical offices. This is a rare opportunity to secure a well-appointed, conveniently located office space in a thriving New Jersey community. The property is categorized as a Traditional Office, Executive Office, and Medical Office, offering flexibility for diverse business needs.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.52 ac (66,000 SF)
Zoning code BR40
APN 20 00077-0000-00020
UPID US59-0050377
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
  • Ensurplan Inc. Land Surveyor
  • Edward Jones Financial Advisor
  • Edward Jones - Financial Advisor: Neal Drasin, CFP® Financial Advisor
  • Eric Rittenhouse: Allstate Insurance Insurance Agency
  • Banknet Mortgage Services Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$980k
Owner & transaction history
172 Lee Holdings LLC · 2 yrs held
172 Lee Holdings LLC
since 2023
Last sale
$999,999
3 recorded transactions
2023
$999,999
2008
Price N/A
1988
$325,000
Zoning & alternative use
BR40 · Warren, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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