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469 Cranbury Rd 4,800 SF Office Building East Brunswick, NJ 08816 $1,500,000 ($312.50/SF)
INVESTMENT HIGHLIGHTS
- Planning Board–Approved Preliminary & Final Major Site Plan
- OP-2 Office Professional zoning – medical and professional uses permitted
- No public opposition at Planning Board hearing
- Approved two-phase expansion up to approximately 14,066 SF total building area
- Bulk variances already granted, eliminating entitlement risk
- 304 feet of frontage on Cranbury Road, a major East Brunswick corridor
EXECUTIVE SUMMARY
Entitled 3.18-acre development opportunity on Cranbury Road in East Brunswick. Property includes an existing 4,263 SF office building (interior demolition complete) and Planning Board–approved Preliminary and Final Major Site Plan allowing expansion to approximately 14,066 SF in two phases. OP-2 zoning, 304’ of frontage, utilities available, and all key engineering, traffic, and stormwater approvals in place. Rare chance to acquire a fully vetted, shovel-ready office/medical site without the time and risk of entitlement. Ideal for owner-user or developer.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
4,800 SF
Building Class
C
Year Built
1979
Price
$1,500,000
Price Per SF
$312.50
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,800 SF
Building FAR
0.03
Lot Size
3.20 AC
Zoning
OP2
Parking
40 Spaces (8.33 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Ll Company
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Ll Company | Health Care and Social Assistance | - | - | - |
PROPERTY TAXES
| Parcel Number | 04-00087-31-00014-03 | Improvements Assessment | $163,800 |
| Land Assessment | $95,400 | Total Assessment | $259,200 |
PROPERTY TAXES
Parcel Number
04-00087-31-00014-03
Land Assessment
$95,400
Improvements Assessment
$163,800
Total Assessment
$259,200
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Presented by
Woodland Peak Dev Llc
469 Cranbury Rd
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