68 Culver RdSouth Brunswick Township, NJ 08852
- Industrial properties
- 57,000 SF
Property Details for 68 Culver Rd
- Year built
- 1975
- Construction
- CONCRETE BLOCKS
- Lot size
- 8.57 AC
- Property size (Sq ft)
- 57,000 SF
- Zone code
- I3C1
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 21 00033-0000-00004- 071
- APU
- 2100033000000004071
Description
This exceptional 58,000-square-foot mixed-use property in South Brunswick Township, NJ, presents a unique investment opportunity. The building, classified as Class B, boasts a newly installed 30,000-square-foot diagnostic testing facility, complemented by 28,000 square feet of adaptable office space. The property features abundant natural light from floor-to-ceiling windows, high ceilings (18'7" under steel), and ample power (2,000 amps). Parking is generously provided at a ratio of 5.48 cars per 1,000 square feet. The property is zoned RD (I3C1) and benefits from significant fiber optic and power infrastructure. 2023 taxes were $135,506.96. Its strategic location offers easy access to major roadways, including the NJ Turnpike Exit 8A, Route 287, and Route 1, placing it within close proximity to world-class restaurants, shopping, hotels, conference centers, and the Princeton Forrestal Campus. A key advantage is its adjacency to a Bloomberg Data Center. The property is divisible and available for sale or lease, making it suitable for a variety of uses. The asking price is $9,850,000, translating to $169.83 per square foot. This presents a compelling opportunity to acquire a well-situated, versatile commercial property in a thriving New Jersey market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $10,786,629
- Hospitality
- $9,880,495
- Educational
- $8,220,456
- Medical
- $8,503,170
- Retail
- $12,787,375
Location Insight
- City
- Monmouth Junction
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.374
- Longitude
- -74.5153
- 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
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