511 Route 72 Barnegat, NJ 08005
This exceptional 9.54-acre mixed-use property in Barnegat, NJ, presents a unique investment opportunity. Located at 511 Route 72, the property boasts 1700 feet of frontage on Route 72 and includes two existing buildings (40x80 and 40x50). The site is equipped with a 300 GPM well and irrigation system, two separate electric services, water, electric, and septic systems. Gas service is available at the street. The property features natural drainage, a filter strip around its perimeter, and a pre-existing detention basin. Included in the sale are two established businesses: a roll-off trucking business and a septic, sewer, and drain business. A valuable 901-A permit for waste transportation is also conveyed. The zoning allows for public utility use and includes Pinelands Development Credits, permitting development of parcels in the RH, RL, and RL/AC zones according to the town code (sections 55-43 and 55-47). This property offers significant potential for expansion and development, combining established businesses with considerable land and advantageous zoning. A Non-Disclosure Agreement is required for further detailed information.
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
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No recorded transactions found for this property.
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Risks
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