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Property profile & analytics
OFF-MARKET Estimated value $8,255,000
Office buildings

100 Willow Brk Rd Freehold, NJ 07728-5919

61,079 SF 5.6 ac lot Built 1987
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US59-0018232
Property summary
AI-generated overview

The Monmouth Executive Center, a premier Class A office complex in Western Monmouth County, offers exceptional workspace solutions. Situated on 5.6 acres and conveniently located near Route 33 and Halls Mill Road in Freehold, NJ, this four-building complex boasts 61,264 square feet of total space. The property, built in 1988 and extensively renovated in 2016, features single-story buildings with a minimum divisible space of 4,641 square feet and a maximum contiguous space of 12,180 square feet. Currently, 18,093 square feet is available for lease. The property is zoned LI-3 and offers multiple tenancy options. Building amenities include a newly renovated tenant lounge with a cafe, a state-of-the-art fitness center complete with locker rooms and showers, and a modern conference/training center. Common areas have also undergone recent upgrades, and new exterior tenant directories have been installed. The property is under new ownership and benefits from on-site management, ensuring efficient and responsive service. This is an ideal location for businesses seeking high-quality, well-maintained office space in a thriving Monmouth County submarket.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 61,079 SF
Lot 5.6 ac (243,936 SF)
Zoning code LI-3
APN 17 00072- 11-00001- 01
UPID US59-0018232
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.72M
Blend (final) Blend
$8.26M
Owner & transaction history
Willowbrook Paragon Mantrose L · 9 yrs held
Willowbrook Paragon Mantrose L
since 2016
4 recorded transactions
2016
$4.0M
1998
$5.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LI-3 · Freehold, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $12.6M +13.9%
Commercial (general) $12.5M +12.8%
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