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Property profile & analytics
OFF-MARKET
Commercial real estate

743 Main St Belford, NJ 07718

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 743 Main Street in the Belford section of Middletown, New Jersey, presents a rare investment opportunity. The expansive building offers approximately 4,000 square feet of space distributed across two levels, making it highly adaptable to a variety of commercial ventures. Its B2 zoning allows for diverse uses, catering to a wide range of potential businesses. The property features multiple high garage door entrances, providing ample access for loading and unloading, and substantial second-floor space ideal for offices or additional storage. The interior boasts a highly functional layout with clear spans, robust steel beams, and impressive 16-foot ceilings in sections of the building. This substantial structure is being sold by the estate of Daniel B. Nankervis and is offered in an "as is" condition. It's important to note that obtaining all necessary Certificates of Occupancy, conducting any required inspections, and undertaking any environmental investigations are the sole responsibility of the purchaser. This presents a unique chance to acquire a significant commercial property in a desirable location with considerable potential for redevelopment or immediate occupancy. The property sits on a 0-acre lot. The asking price is $895,000.

Property profile
Verified
Property type Commercial real estate
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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