1477 Oak Tree RdWoodbridge Township, NJ 08830
- Retail properties
- 0.60 AC
Property Details for 1477 Oak Tree Rd
- Lot size
- 0.60 AC
- Zone code
- B-2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 25 00436-0000-00001- 02
- APU
- 250043600000000102
Description
This exceptional 510-square-foot executive office suite is part of a larger 13,154-square-foot building at 1477 Oak Tree Road in Middlesex County, built in 2014. The property boasts a highly desirable location with excellent visibility and signage directly on the Garden State Parkway, ensuring high traffic and brand recognition. The building features covered parking for tenants' convenience and a modern elevator for easy access to all floors. This LEED Gold Certified building is energy-efficient, reflecting a commitment to sustainability. The suite is immediately available and is part of a multi-tenant building. The space is ideal for a variety of businesses seeking a prestigious and easily accessible location. The building offers a single suite configuration, providing a sense of exclusivity and privacy. This is a rare opportunity to secure a well-appointed office space in a prime location with exceptional visibility and modern amenities. The energy-efficient design contributes to lower operating costs, making this an attractive option for cost-conscious businesses. The covered parking provides weather protection and added security for tenants and their visitors. The building's strategic location on the Garden State Parkway ensures easy access for clients and employees. This executive office suite presents a unique opportunity to establish a strong business presence in a high-traffic area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,351,960
- 6.5%
- $5,863,348
- 7%
- $5,444,538
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,605,623
- Geo Method
- $8,605,623
-
Alternative Use
- Use
- Valuation
- Residential
- $4,945,954
- Hospitality
- $4,530,467
- Educational
- $3,769,295
- Medical
- $3,898,927
- Retail
- $5,863,348
Location Insight
- City
- Iselin
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.5732
- Longitude
- -74.3284
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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