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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

129 Nj-35 Keyport, NJ 07735

1,320 SF 1.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,320 square foot auto service building situated on a substantial 1.047-acre lot in Keyport, New Jersey. The property boasts a prime corner location on the busy NJ-35 highway, providing excellent visibility and accessibility. The building is currently leased until August 2028, with a five-year option, generating an annual income of $55,000. This represents a strong return on investment for the asking price of $1,295,000, with a price per square foot of $981.06. The property is zoned HC (Highway Commercial District), allowing for a variety of potential uses. The convenient location offers easy access to major roadways including Highways 35 and 36, as well as the Garden State Parkway, ensuring high traffic volume and potential for future growth. This single-story building sits on a sizable lot, presenting opportunities for expansion or development. The current lease provides immediate cash flow, making this a compelling investment for both seasoned and new investors seeking a stable and profitable venture in a high-traffic area. The property's location in Monmouth County, New Jersey, further enhances its appeal. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,320 SF
Lot 1.05 ac (45,607 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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