2 Clerico LnHillsborough Township, NJ 08844

Property Details for 2 Clerico Ln

Year built

1988

Lot size

4.15 AC

Property size (Sq ft)

1,521 SF

Zone code

GC

Property type

Office properties

Property subtype

Office buildings

APN

10 00200- 10-00004

APU

10002001000004

Description

Carriage Farm offers a unique opportunity to lease flexible commercial space, ideal for a variety of businesses. This multi-use property totals 4,152 square feet and is currently entirely vacant, presenting a blank canvas for your operation. The space is divisible into units as small as 88 square feet, perfect for smaller startups or satellite offices, while larger contiguous spaces of up to 2,197 square feet are available for businesses requiring more expansive areas. The property's diverse suitability caters to a wide range of needs, encompassing executive office space, flexible work environments, research and development facilities, manufacturing operations, warehouse storage, and distribution centers. The interior features a mix of hardwood and carpeted flooring, offering versatility in design and layout. Each unit benefits from a private entrance, ensuring privacy and independent access. The property is available for lease immediately, providing a prompt opportunity to establish your business in a well-appointed and adaptable space. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $251,467

  6.5%

  $232,123

  7%

  $215,543

• Comparable approach

  Method

  Valuation

  Relative Method

  $198,734

  Geo Method

  $198,734

• Alternative Use

  Use

  Valuation

  Residential

  $287,833

  Hospitality

  $263,653

  Educational

  $219,356

  Medical

  $226,900

  Retail

  $341,221

Location Insight

City

Hillsborough

County

Somerset

State

New Jersey

Latitude

40.4972

Longitude

-74.6278

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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