565-569 Joline Ave Long Branch, NJ 07740
This exceptional investment opportunity in Long Branch, NJ, presents two properties totaling 0.172 acres at 565-569 Joline Avenue. The site boasts high visibility on a main thoroughfare, just a mile from the beach. Included is TFF Landscaping Inc., a well-established business with 48 years of operation and a proven track record of success in Monmouth County, including two "Best in County" awards. All business equipment and vehicles will be fully paid off at closing, ensuring a smooth transition. The property is zoned for Cannabis Business classes 1-6, offering significant potential for expansion into the burgeoning cannabis industry. The location's proximity to the beach and other attractions guarantees high traffic and visibility, making it ideal for a variety of commercial ventures. The existing landscaping business provides immediate cash flow, while the cannabis zoning presents a unique opportunity for future growth and diversification. This is a rare chance to acquire a turnkey business with significant upside potential in a prime location. The property features a two-story building constructed in 1910. Potential exists for subdividing one of the properties. Please conduct your own due diligence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.