92 Hwy Manalapan Township, NJ 07726
This exceptional investment opportunity presents a 4,000 square foot flex space, ideally suited for a variety of uses. Located at 92 Highway 33 in Manalapan Township, Monmouth County, New Jersey (07726), this property sits on a generous 5.31-acre lot, offering significant potential for expansion. The single-story building, constructed in 1984, features a heated warehouse component and integrated office space. The property boasts a drive-through capability, adding to its operational efficiency. Further enhancing its income potential is a currently generating billboard rental income stream. Approved site plans are available, showcasing the potential for future development. The property's zoning designation is SED-5/Flex, providing flexibility for various business ventures. The asking price is $2,490,000. The property's APN is 28-06515-0000-00036-04-B01. This is a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential in a thriving New Jersey 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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.