2121 Hwy Holmdel, NJ 07733
- Commercial real estate
- 2.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2121 Hwy
- Lot size
- 2.16 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 2121 Highway 35 in Holmdel, New Jersey, presents a unique investment opportunity. The 2.16-acre lot boasts significant frontage on Highway 35, ensuring unparalleled visibility for any future development. Approximately 1.5 acres of the land are usable, providing ample space for a variety of commercial ventures. The property is situated within a Transitional Mixed Highway Orientated zone. It's important to note that the land is being sold subject to an existing billboard easement, a factor that prospective buyers should carefully consider during their due diligence. Currently, a red structure on the site is in the process of being removed. This presents a clean slate for a new development, allowing for maximum flexibility in design and construction. Prospective purchasers are strongly encouraged to conduct their own thorough due diligence regarding zoning regulations and permitted uses to ensure the property aligns with their intended project. The asking price for this prime commercial lot is $375,000. This represents a compelling opportunity to acquire a highly visible and strategically located parcel of land in a thriving New Jersey market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holmdel
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1505
- Latitude
- 40.4142
