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    2 Debaun Rd Millstone, NJ 08535

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    For Sale
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    11.82 Acres, Approved Distribution Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 11.82-acre industrial land parcel in Millstone, New Jersey, presents a fully approved opportunity for warehouse distribution development. Located at the main entrance to Riverside Center, a thriving 170-acre business park, this site offers unparalleled access to major transportation arteries, including the New Jersey Turnpike (Exit 8) and Route 33. Approved in July 2023, the site boasts a PCD Warehouse Distribution zoning designation and is ready for immediate development. Plans include a 102,960 square foot building featuring 99,960 square feet of warehouse space and 3,000 square feet of office space. The design incorporates 13 loading bays, a loading ramp, and 48 parking spaces. Building height is approved for 35 feet. Existing infrastructure includes internal roads connecting to major roadways, regional drainage, septic, and fire suppression systems. The site benefits from a .25 FAR, .20 maximum building coverage, and .55 maximum lot coverage. Water service is provided by a potable well. Riverside Center is home to established businesses such as Amazon, Scanell Properties, Monroe Sports Center, and Duck River Textiles, ensuring a strong and reputable business environment. This prime location and fully approved plans make this an exceptional investment opportunity for developers seeking a strategic foothold in a high-demand market. The final resolution, compliance, and appeal period will be complete within 60-70 days of the approval date.

    Property Features for 2 Debaun Rd

    General Information

    Property type
    Land
    Lot Size
    514,879 SF

    HighLights

    • 11.82‑acre industrial land parcel for sale in Millstone, NJ, near NJ Turnpike Exit 8.
    • Fully approved 102,960 SF warehouse distribution site with 3,000 SF of office space.
    • PCD Warehouse Distribution zoning.
    • Located in Riverside Center Business Park, offering easy access to major transportation routes.
    • Features include 13 loading bays, a loading ramp, and 48 parking spaces.
    • Site infrastructure includes internal roads, regional drainage, septic, and fire suppression systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Millstone
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.428637
    Latitude
    40.2633804

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    FAQs

    What type of property is this?
    Land - 11.82 Acres, Approved Distribution Site
    Where is this land located?
    The property is located at 2 Debaun Rd Millstone, NJ.
    What are key features of this property?
    This property features: 11.82-acre industrial land parcel for sale in Millstone, NJ, near NJ Turnpike Exit 8.; Fully approved 102,960 SF warehouse distribution site with 3,000 SF of office space.; PCD Warehouse Distribution zoning.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Debaun Rd Millstone, NJ 08535
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