650 Us-9 Howell Township, NJ 07728
This exceptional retail property, located at 650 US-9 in Freehold, New Jersey (zip code 07728), presents a unique investment opportunity. The 3,189 square foot building sits on a substantial 2.82-acre lot and includes a full basement, offering significant expansion potential. Currently vacant, this former bank branch is ideally situated at a signalized intersection on Route 9, a high-traffic thoroughfare boasting over 40,000 vehicles daily, ensuring excellent visibility and accessibility. The property is zoned Highway Commercial, allowing for a wide range of permitted uses, including but not limited to a bank, pharmacy/drug store, or quick-service restaurant (QSR). This versatile space is perfect for redevelopment, catering to various business needs. The asking price is $2,000,000. Its location in Howell Township, Monmouth County, within easy reach of a major highway, makes it an attractive proposition for businesses seeking high visibility and convenient access for customers. The property's size and zoning provide ample flexibility for a variety of commercial ventures. This is a rare opportunity to acquire a significant retail property in a prime location with high traffic counts. Don't miss out on this chance to secure a valuable asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.