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    FOR SALE
    Office buildings

    600 Lawrence Rd, Lawrence Township, NJ 08648

    2,538 SF 1.02 ac lot Built 1953
    Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US59-1768889
    Property summary
    AI-generated overview

    This fee-simple office building, located at 600 Lawrence Rd in Lawrence Township, New Jersey (zip code 08648), presents a unique investment opportunity. The property boasts 3,352 square feet of space within a single-story building constructed in 1953 and renovated in 2001. Situated on a 0.61-acre lot, the building features approximately 2,600 square feet on the main floor, with an additional partial second floor accessible from the first floor. This upper level has a separate entrance, offering flexibility for expansion of existing office space or potential for separate rental income. The building enjoys excellent visibility with approximately 200 feet of frontage on Route 206. The property is zoned R-4, providing various development possibilities. This is a prime location in Mercer County, offering easy access to major transportation routes. The asking price for this exceptional property is $575,000. This represents a compelling opportunity to acquire a well-maintained, versatile office building in a desirable New Jersey location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1953
    Total area 2,538 SF
    Lot 1.02 ac (44,431 SF)
    Zoning code R-4
    APN 07 01801-0000-00017
    UPID US59-1768889
    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
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    Owner & transaction history
    Kerins Real Estate Invs LLC · 10 yrs held
    Kerins Real Estate Invs LLC
    since 2016
    4 recorded transactions
    2016
    $420,000
    1969
    1969
    1969
    Zoning & alternative use
    R-4 · Lawrence Township, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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