405 Main St Manalapan, NJ 07726
- Commercial real estate
- 2,192 SF
- 6.66 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 405 Main St
- Year built
- 1900
- Lot size
- 6.66 lot acres
- Property size
- 2,192 SF
- Property type
- Commercial real estate
Description
This exceptional 6.6-acre commercial lot, located at 405 Main Street, Unit 0, Manalapan, NJ, presents a remarkable opportunity for development. The property boasts a prime location at a busy intersection of Tennet Road and Main Street, within Manalapan's thriving business district. With a total buildable area of 75,000 square feet, the site has received complete approvals from the city, county, Department of Environmental Protection (DEP), and the State of New Jersey, including a finalized site plan. The approved plans encompass two three-story buildings, designed with interconnected drive aisles and a shared parking area, including one electric vehicle (EV) charging station and ADA accessibility features. The initial plan is for a self-storage facility with an optional second building for warehouse use, but the property's zoning allows for considerable flexibility. Alternative uses, such as warehousing, distribution, or manufacturing, could be explored, though any zoning or planning changes would be the responsibility of the buyer. The existing 2,192 square foot building on the property is not included in the sale. This property offers significant potential for investors seeking a high-traffic location and the convenience of pre-approved plans. Furthermore, up to 90% SBA financing may be available for qualified buyers, making this an attractive investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manalapan
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.3334
- Latitude
- 40.2806