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Property profile & analytics
OFF-MARKET
Land

565-569 Joline Ave Long Branch, NJ 07740

Built 1910
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Year built 1910
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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