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    Property profile & analytics
    OFF-MARKET Estimated value $1,100,000
    Commercial real estate

    404 Rte 31st N, Ringoes, NJ 08551-1407

    3.23 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US59-1317547
    Property summary
    AI-generated overview

    This exceptional 4,000-square-foot industrial property is ideally situated at 404 Route 31, Unit 100, Ringoes, NJ. Boasting a highly visible location on Route 31, this versatile space offers significant potential for a variety of businesses. The open floor plan provides 12-15 foot ceiling heights, allowing for efficient use of space and potentially accommodating high-volume storage or equipment. Previously utilized as a showroom for a plumbing supply company, the property's adaptability makes it suitable for a wide range of uses, from warehousing and distribution to retail operations. The property includes central air conditioning and heating throughout the entire 4,000 square feet, ensuring year-round comfort and operational efficiency. Convenient access to major transportation arteries is a key advantage, with easy connectivity to Route 202 and Interstate 95 via Route 31, facilitating seamless logistics and commutes. The property sits on a sizable 3.23-acre lot, offering ample space for parking, loading, and potential future expansion. This prime location and flexible space present a unique opportunity for businesses seeking a strategic foothold in the Ringoes market. Inquire today to explore the possibilities.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 3.23 ac (140,699 SF)
    Zoning code LHC
    APN 26 00023-0000-00004
    UPID US59-1317547
    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
    AI Approach AI
    $1.10M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.10M
    Owner & transaction history
    Rolmar LLC · 1 yrs held
    Rolmar LLC
    since 2024
    Last sale
    $1.1M
    2 recorded transactions
    2024
    $1.1M
    2005
    Zoning & alternative use
    LHC · Ringoes, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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