100-150 Meco Dr Millstone, NJ 08535
- Commercial real estate
- 2.98 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 100-150 Meco Dr
- Lot size
- 2.98 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.98-acre industrial land parcel in Millstone, New Jersey, presents a compelling investment opportunity. Located in Monmouth County, at 100-150 Meco Drive, zip code 08535, this property boasts Business Park (BP) zoning, allowing for a diverse range of permitted uses. These include, but are not limited to, storage and distribution centers, manufacturing and processing facilities, research laboratories, corporate offices, and even child-care centers. The site offers excellent accessibility, with close proximity to major transportation arteries like Route 33 and I-95, ensuring efficient logistics and convenient commutes. The land itself features significant frontage, approximately 170 feet along Meco Drive and an additional 380 feet along Prodelin Way, providing ample space for development. The property is serviced by a septic system and well. With a depth of approximately 423 feet, this site presents a unique opportunity for businesses seeking a strategically located and versatile industrial space. The asking price is $1,150,000, translating to $385,906 per acre. This represents a strong value proposition in a desirable location with flexible zoning options.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millstone
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.434251
- Latitude
- 40.251834