Property profile

1958 Washington Valley Rd Martinsville, NJ 08836

FOR LEASE
Commercial real estate
Property ID
US59-1623418
0.59 ac lot
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 9,720 square foot commercial property, located at 1958 Washington Valley Rd in Bridgewater Township, NJ 08836, presents a unique investment opportunity. The property is classified as Retail and Office, specifically an Executive Office space within a freestanding building. Currently, there is one suite available, totaling 800 square feet, within the larger 9,720 square foot building. The building sits on a 0.59-acre lot and offers ample parking with 36 spaces available for tenants and visitors. The property's convenient location in Somerset County provides excellent access to major transportation routes, ensuring high visibility and accessibility for businesses. The building's multiple tenancy structure offers flexibility for various business needs. This is an ideal location for businesses seeking a prominent presence in a thriving commercial area. The property's size and features make it suitable for a variety of uses, from professional offices to retail spaces. The available 800 square foot suite presents an immediate opportunity for expansion or relocation. Don't miss this chance to secure a prime location in a highly desirable area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Lot 0.59 ac (25,800 SF)
Zoning code C1
APN 06 00708-0000-00020
UPID US59-1623418

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Crisis Center Medical Clinic
  • Barber Shop
  • Hardware & Home Improvement Kitchen & Bath Showroom
  • Gym & Fitness Center

Location

1958 Washington Valley Rd Martinsville, NJ 08836
Martinsville metro Census 50903 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2008
$1.3M

Zoning & alternative use

C1 · Martinsville, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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