60 Millstone Rd Somerset, NJ 08873-3650
This exceptional 3,600 square foot commercial property, situated on a 0.16-acre lot at 60 Millstone Rd, Unit 60, Somerset, NJ, presents a unique opportunity for a variety of businesses. Recently updated, this flex space is perfectly suited for contractors, distributors, warehouse operations, office use, or a combination thereof. The warehouse component encompasses approximately 1,600 square feet, featuring 10-foot high ceilings, a convenient drive-in door, freshly painted floors, a practical utility sink, pre-installed storage racks, and a dedicated work area. The office space is equally impressive, boasting a formal conference room, a private executive office, a well-equipped kitchenette, and a full bathroom complete with a shower. Significant upgrades include a newly installed roof, a recently paved and striped fenced-in parking lot providing ample parking, and enhanced security features such as an alarm system and security cameras. Further enhancing its functionality is a backup generator and heavy power supply. This property also includes additional lots numbered 22, 26, 27, and 28, offering potential for expansion or future development. The property's prime location in desirable Somerset, NJ, ensures high visibility and easy access to major transportation routes. This is a turnkey operation ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
HBD · Somerset, NJSomerset. 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.