174 State Rte 31 Flemington, NJ 08822-5759
This exceptional 1.24-acre parcel of land presents a unique opportunity for developers and investors seeking a prime location in Flemington, New Jersey. Situated at 174 State Route 31, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The expansive lot offers ample space for new construction, allowing for significant flexibility in design and development plans. Its strategic location along State Route 31 ensures high traffic volume and prominent exposure to potential customers. The property's zoning designation (which should be independently verified) allows for a range of commercial uses, providing considerable potential for return on investment. This is a rare chance to acquire a substantial piece of land in a thriving New Jersey town, offering significant potential for growth and development. The property is being offered at a competitive price, making it an attractive proposition for those seeking a strong foothold in the Flemington market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further due diligence is recommended to confirm zoning regulations and potential development opportunities. The absence of existing structures on the land provides a clean slate for ambitious development projects. This is a blank canvas awaiting a visionary developer to transform it into a thriving commercial asset. The property's location offers easy access to major transportation routes, further enhancing its appeal and potential. Don't miss this opportunity to secure a prime piece of real estate in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Flemington, NJFlemington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.