Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5103-5105 Hwy Wall Township, NJ 07727

    • Retail properties
    • 25,122 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 5103-5105 Hwy

    Property size
    25,122 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional commercial property, located at 5103-5105 Highway 33 & 34 in Wall Township, New Jersey, offers a rare opportunity to lease a first-floor retail or office space. The building, situated on a 2.2-acre lot in Monmouth County, boasts a total of 25,122 square feet. Currently, a single, 1,900-square-foot unit is available for lease, ideal for a variety of businesses. The property is classified as both retail and office space, making it versatile and adaptable to diverse needs. The building's executive office subtype suggests a high-quality build and finish, suitable for professional businesses seeking a prestigious location. The convenient Highway 33 & 34 location provides excellent visibility and accessibility, ensuring high traffic flow and easy access for clients and employees. With its ample square footage and prime location in Wall Township (zip code 07727), this property presents a compelling investment opportunity for businesses seeking a prominent presence in a thriving New Jersey market. The property's multiple tenancy designation suggests a potential for future expansion or shared occupancy. Don't miss this chance to secure a highly visible and functional space in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wall Township
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0682
    Latitude
    40.1608

    Comparable in this City

    • Value Estimation by Request
      359,349 SF

      Main St

      Strip malls • 359,349 SF
      0 Main St, Farmingdale, NJ 07727
      View Details
    • Value Estimation by Request
      28,000 SF

      4900 Rte

      Office Properties & Spaces • 28,000 SF
      4900 Rte, Farmingdale, NJ 07727
      View Details
    • Value Estimation by Request
      35,882 SF

      1709 Nj-34

      Distribution properties • 35,882 SF
      1709 Nj-34, Wall Township, NJ 07727
      View Details
    • Value Estimation by Request
      1,444 SF

      1608 Wyckoff Rd

      OFFICE BUILDING • 1,444 SF
      1608 Wyckoff Rd, Wall Township, NJ 07727-3921
      View Details
    • Value Estimation
      $2,485,000
      18,000 SF

      5103-5105 Hwy 33rd 34

      OFFICE BUILDING • 18,000 SF
      5103-5105 Hwy 33rd 34, Farmingdale, NJ 07727
      View Details
    • Value Estimation
      $565,000
      1,999 SF

      1627 Wyckoff Rd

      OFFICE BUILDING • 1,999 SF
      1627 Wyckoff Rd, Wall Township, NJ 07727-3922
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Farmingdale Mixed-Use Investment Opportunity

      Rare corner commercial mixed-use building in Farmingdale's business district.
      43 Main St, Farmingdale, NJ 07727
      View Details
    • $1,300,000
      Pending

      Warehouse and Home on Acres

      Warehouse and single family home on 4.04 acres.
      377 Asbury Rd, Farmingdale, NJ 07727
      View Details
    • $2,500,000
      Pending

      Farmingdale Land Investment Opportunity

      26 acres in Farmingdale with residential and subdivision potential.
      255 Asbury Rd, Farmingdale, NJ 07727
      View Details
    • $1,300,000
      5,200 SF

      Mixed-Use Property with Flex Space

      Mixed-use property featuring warehouse and residential dwelling.
      377 Asbury Rd, Farmingdale, NJ 07727
      View Details
    • Contact for pricing

      5.98 Acre Commercial Land Parcel

      5.98 acre commercial land parcel zoned OP-2 for sale.
      2650 E Hurley Pond Rd, Wall Township, NJ 07727
      View Details
    • $7,095,000
      32,250 SF

      Sports Facility in Farmingdale, NJ

      32,250 SF sports-approved facility with long-term tenant.
      269 Squankum Rd, Farmingdale, NJ 07727
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      35,882 SF

      Prime Wall Township Office/Warehouse

      4,430 SF Flex Space Available in Monmouth County
      1709 Nj-34, Wall Township, NJ 07727
      View Details
    • Contact for pricing
      28,000 SF

      Premier Office Space Available

      Office space in Milric Plaza with immediate highway access.
      4900 Rte, Wall Township, NJ 07727
      View Details
    • Contact for pricing
      28,000 SF

      Premier Office Space in Milric Plaza

      Office space for lease in a sought-after location.
      4900 Rte 33, Wall Township, NJ 07727
      View Details
    • Contact for pricing

      Wall, NJ Commercial Space

      Professional office and warehouse space for lease in Wall, NJ.
      5215 State 34, Wall, NJ 07727
      View Details
    • Contact for pricing
      13,000 SF

      Farmingdale Warehouse Space Available

      13,000 SF warehouse near major routes, immediate occupancy.
      100 Central Ave, Farmingdale, NJ 07727
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5103-5105 Hwy
    Wall Township, NJ 07727
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.