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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

961 Nj-36 Atlantic Highlands, NJ 07716

3,500 SF
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Atlantic Highlands, New Jersey, presents a lucrative investment opportunity. Located on a high-traffic corner lot directly off Highway 36, this 3,500 square foot building boasts a strong 6.00% cap rate and 100% occupancy. The property comprises a three-family apartment building, a fully operational auto shop, and three additional storage units, generating substantial rental income. The current rents are below market value, offering significant potential for increased profitability. The B-2 Multi-Use zoning allows for diverse uses, enhancing the property's long-term value and flexibility. The asking price is $1,600,000, translating to $457.14 per square foot. This turnkey operation is ideal for investors seeking immediate cash flow and significant upside potential. The sale includes the real estate only

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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