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    2121 Hwy Holmdel, NJ 07733

    For Sale
    $450,000

    High-visibility commercial lot, 1.5 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land parcel, located at 2121 Highway 35 in Holmdel, New Jersey, presents a unique investment opportunity. Boasting approximately 1.5 acres of usable land (out of a total 2.159 acres), this property offers unparalleled visibility due to its prime frontage on Highway 35. The property is zoned TMHO (Transitional Mixed Highway Orientated), allowing for a variety of potential commercial uses. Buyers are advised to conduct their own due diligence regarding permitted uses and zoning regulations. It's important to note that the sale is subject to an existing billboard easement. A red structure currently on the site is in the process of being removed. The asking price for this strategically located commercial land is $450,000. The property's address is 2121 Highway 35, Holmdel, NJ 07733, situated in Monmouth County. This high-traffic location provides excellent exposure for any commercial venture. Seize this chance to acquire a prominent commercial site with significant development potential.

    Property Features for 2121 Hwy

    General Information

    Property type
    Land

    HighLights

    • 1.5‑acre commercial land parcel (of 2.159 acres total) available at 2121 Highway 35, Holmdel, NJ 07733.
    • High visibility due to prime Highway 35 frontage in Monmouth County.
    • Zoned TMHO, allowing for diverse commercial uses (buyer to verify permitted uses).
    • Subject to an existing billboard easement; existing structure being removed.
    • Asking price: $450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Holmdel
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.1505601
    Latitude
    40.4141891

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    FAQs

    What type of property is this?
    Land - High-visibility commercial lot, 1.5 acres.
    Where is this land located?
    The property is located at 2121 Hwy Holmdel, NJ.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 1.5-acre commercial land parcel (of 2.159 acres total) available at 2121 Highway 35, Holmdel, NJ 07733.; High visibility due to prime Highway 35 frontage in Monmouth County.; Zoned TMHO, allowing for diverse commercial uses (buyer to verify permitted uses).
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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
    2121 Hwy Holmdel, NJ 07733
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