Used as an intermediate in organic synthesis, particularly in the preparation of photochromic compounds and nitro-substituted aromatic derivatives. Its nitro and methoxy functional groups make it suitable for use in condensation and coupling reactions, especially in the development of dyes, sensors, and light-responsive materials. The compound also finds application in the synthesis of pharmaceuticals where substituted phenylacetic acid derivatives are required. Its reactivity allows for easy modification into esters, amides, or other carboxylic acid derivatives for targeted molecular design.