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Property profile & analytics
OFF-MARKET
Land

133 Newman Springs Rd Tinton Falls, NJ 07724

1.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.37-acre commercial land parcel, located at 133 Newman Springs Rd, Tinton Falls, NJ 07724, presents a unique investment opportunity. Situated in Monmouth County, this property is zoned Neighborhood Commercial and boasts pre-approved plans for a medical office building. The site is currently vacant, offering a clean slate for development. The approved plans encompass a two-story building exceeding 7,700 square feet, designed to accommodate a variety of medical practices. Its strategic location along the Route 520 corridor, connecting Red Bank and Tinton Falls, ensures high visibility and accessibility. The property includes a full-access driveway directly from Newman Springs Road/Route 520, providing convenient ingress and egress for patients and staff. Block 4.01, Lot 20, this property is offered at $850,000 and is held under corporate ownership. This is an ideal opportunity for developers seeking to capitalize on the growing demand for medical office space in this thriving area of New Jersey. The property's pre-approved status streamlines the development process, minimizing delays and maximizing return on investment. Don't miss this chance to acquire a prime piece of commercial real estate in a highly desirable location.

Property profile
Verified
Property type Land
Lot 1.37 ac (59,677 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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