Property profile

1423 Corlies Ave Neptune, NJ 07753

FOR SALE
Auto shops
Property ID
US59-Q008281
3,358 SF Built 1957
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Prime Commercial Real Estate Opportunity in this freestanding 60x60 Auto Repair Service on a prime 2405 sq foot corner lot in the heart of Neptune! This 5-star well-established body shop has a proven, fruitful track record with almost 40 years of unmatched service, waiting for its new owners to take over and prosper! Endless potential for growth with a loyal customer base (phone #'s included!), and a strong community presence. This well-established property offers an additional garage for extra service space allowing for increased capacity and new revenue streams, ideal for expanding services or specialized repairs. In addition to the multiple garage bays, the interior offers a front reception area, ample on-site storage, and private 1/2 bath. Plenty of on-site parking for 15+. Strategically located in a high-traffic area, ensuring maximum visibility and accessibility for new customers, with easy access to major roads and a gateway to thriving Asbury Park. Don't miss out on this exceptional turn-key opportunity, sure to see your business thrive! Claim your slice of Neptune today!

Property profile

Verified
Property type Auto shops
Year built 1957
Total area 3,358 SF
UPID US59-Q008281

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1423 Corlies Ave Neptune, NJ 07753
Neptune metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message