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    694-696 Beers St Holmdel, NJ 07733

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    For Sale
    Contact for pricing

    Prime 10-acre development site in Holmdel, NJ. Excellent visibility and permitted uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in the thriving Holmdel, New Jersey market. Located at 694-696 North Beers Street, this property boasts significant frontage on North Beers Street (394.68 feet) and offers substantial exposure to the Garden State Parkway (approximately 950 feet of frontage). The site's strategic location provides unparalleled visibility and accessibility. Zoning permits a wide range of development options, including hospitals, office buildings, medical facilities, child care centers, day care facilities, senior living communities, nursing homes, assisted living facilities, and continuing care retirement communities. This makes it ideal for a variety of healthcare, commercial, or residential projects. The property's proximity to the Bayshore Medical Center, currently undergoing a $48 million expansion including a new 32,000 square foot emergency care center, further enhances its value and potential. This is a rare opportunity to acquire a large, strategically located parcel in a high-demand area with a diverse range of permitted uses. Don't miss this chance to secure a prime piece of Holmdel real estate. The property is situated in Monmouth County, New Jersey, with a zip code of 07733.

    Property Features for 694-696 Beers St

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 394.68 feet of frontage on North Beers Street and approximately 950 feet of frontage with full exposure to the Garden State Parkway.
    • Permitted uses include hospitals, office buildings, medical facilities, childcare, senior living, nursing homes, assisted living, and continuing care retirement communities.
    • Bayshore Medical Center is currently constructing a new $48 million, 32,000 square foot emergency care center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holmdel
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.1947968
    Latitude
    40.4071805

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    FAQs

    What type of property is this?
    Land - Prime 10-acre development site in Holmdel, NJ. Excellent visibility and permitted uses.
    Where is this land located?
    The property is located at 694-696 Beers St Holmdel, NJ.
    What are key features of this property?
    This property features: 394.68 feet of frontage on North Beers Street and approximately 950 feet of frontage with full exposure to the Garden State Parkway.; Permitted uses include hospitals, office buildings, medical facilities, childcare, senior living, nursing homes, assisted living, and continuing care retirement communities.; Bayshore Medical Center is currently constructing a new $48 million, 32,000 square foot emergency care center.
    Request Owner's contact information
    694-696 Beers St Holmdel, NJ 07733
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    Holmdel, NJ 07733
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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
    694-696 Beers St Holmdel, NJ 07733
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