Storefront Commercial
For Sale
$699,999
300 Us Highway 9, Freehold, NJ 07728
Updated commercial building with landscaped grounds, on-site access, and prominent Route 9 frontage.
Property Size1,650 SF
Price / SF$424.24
Days on Market46
Property Features for 300 Us Highway 9
General Information
Standard status
Active
Size
1,650 SF
Property subtype
General Commercial
Additional Details
Furnished
No
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$8,660
Amenities
3
6 Parking Spaces. Unpaved, On Site.
100 x 200
Outside Shower, Landscaped.
Listing Agency:
Weichert Realtors-Freehold
(732) 577-0440
Listed By:
Rosaria Marcano
(732) 577-0440
Source:
Xome
Added: Jun 26
Changed: Aug 10
Last Checked: Aug 10 at 6:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors-Freehold
Investment Insights
Based on property information with market context.
This storefront commercial property offers 1,650 SF of space suited to retail, professional office, or service-based operations. The real estate sale excludes the existing business, business name, furniture, personal property, and equipment. Recent property improvements include an approximately 8-year roof, an 8-year furnace/AC system, a well installed in 2022, and a 1-year water heater.
The building is located at 300 US Highway 9 in Freehold, New Jersey, with frontage along Route 9 and designed ingress and egress for vehicle movement. The site includes landscaped exterior areas and an outside shower. The property is offered as a commercial real estate asset for an owner-user or investor seeking a storefront configuration with established site improvements.
The building is located at 300 US Highway 9 in Freehold, New Jersey, with frontage along Route 9 and designed ingress and egress for vehicle movement. The site includes landscaped exterior areas and an outside shower. The property is offered as a commercial real estate asset for an owner-user or investor seeking a storefront configuration with established site improvements.
Key Highlights
- 1,650 SF storefront commercial property
- Prominent frontage along Route 9
- Approximately 8‑year roof and 8‑year furnace/AC
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,245
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,900
$504.9K
Cap Rate 7%
$360,643
$360.6K
Cap Rate 9%
$280,500
$280.5K
Market Conditions
NOI Build-Up for 1,650 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$49.5K $30.00/SF
− Vacancy
−$15.8K −$9.60/SF
EGI
$33.7K $20.40/SF
− OpEx
−$8.4K −$5.10/SF
NOI
$25.2K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$504,900
Cap Rate 7%
$360,643
Cap Rate 9%
$280,500
Alternative Uses
Best Use
Office B
$360.6K
$315.6K – $420.8K
NOI $25,245 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$336.4K
$294.4K – $392.5K
NOI $23,551 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07728, NJ
56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Garden State Flower Market — 780 US-9, Freehold, NJ 07728
Frequently Asked Questions
What type of property is this?
Storefront property - Updated commercial building with landscaped grounds, on-site access, and prominent Route 9 frontage.
Where is this storefront property located?
The property is located at 300 Us Highway 9 Freehold, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 1,650 SF storefront commercial property; Prominent frontage along Route 9; Approximately 8‑year roof and 8‑year furnace/AC
