24 Route 35 Neptune City, NJ 07753
This ±8,530 square foot freestanding retail building presents a unique opportunity in Monmouth County. Located on Route 35 North, the property boasts exceptional visibility and abundant parking, catering to a high volume of traffic—approximately 18,955 vehicles per day. Currently vacant, the entire 8,530 square feet is available for lease, offering flexibility for a single tenant. The 0.91-acre lot provides ample space for potential redevelopment, should the need arise. The C-7 zoning allows for a wide range of uses, including retail stores (supermarkets, convenience stores, hardware, home improvement, auto parts), restaurants (fast-casual, quick-service, coffee shops), personal services (salons, barber shops, fitness studios, medical services, urgent care, clinics), commercial offices (professional services such as insurance agencies, real estate offices, financial institutions), and entertainment & recreation (fitness centers, small gyms, entertainment venues). The property's strategic location is further enhanced by the upcoming Harbor Freight store across the street, promising increased foot traffic and visibility. This is an ideal location for a business seeking high exposure and convenient access for customers. The space is also divisible, offering potential for multiple tenants. This prime retail space offers a compelling investment opportunity with significant upside potential.
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.