129 Nj-35 Keyport, NJ 07735
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.