This compound is primarily utilized in organic synthesis as an intermediate for the production of more complex chemical entities. Its structure, featuring nitro and methoxy functional groups, makes it valuable in the development of pharmaceuticals, particularly in the synthesis of compounds with potential biological activity. It is also employed in research settings for studying chemical reactions involving nitroaromatic compounds, which are relevant in the development of dyes, agrochemicals, and other specialty chemicals. Additionally, its ester group allows for further functionalization, making it a versatile building block in synthetic chemistry.