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Property profile

222 Rte Red Bank, NJ 07701

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional commercial property, located at 222 Route 35 in Red Bank, New Jersey (07701), offers a fantastic opportunity for businesses seeking high visibility and convenient access. The building, boasting 2232 square feet, enjoys a prominent location with Route 35 frontage, providing amazing signage opportunities for maximum brand exposure. Recently renovated, this property features ample off-street parking, ensuring convenient parking for both employees and clients. The first floor comprises a spacious waiting area, a well-appointed conference room, a private glassed-in reception area, four large private offices, a supply closet, a kitchen, and a half-bath. The second floor, accessible via a separate rear entrance, offers additional space including two large offices, a client waiting area, a receptionist area, a large conference room, and a full bathroom. Previous uses include a law office with multiple tenants, demonstrating the building's versatility and income-generating potential. The property benefits from a new roof and hot water heater, ensuring peace of mind for the new owner. Zoned R-O, this property presents a compelling investment opportunity in a thriving location. The asking price is $599,000.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

222 Rte Red Bank, NJ 07701
Red Bank metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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