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Property profile & analytics
OFF-MARKET Estimated value $18,670,000
Commercial real estate

150 Woodward Rd Manalapan, NJ 07726-4102

1,980 SF 22.35 ac lot Built 2015
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-2183709
Property summary
AI-generated overview

Located in Monmouth County, MultiSports Kingdom offers exceptional creative office space within a vibrant, high-traffic complex. This 167,000 square foot building boasts a diverse tenant mix, including sports facilities, a STEM learning center, physical therapy, an arcade, and a soon-to-open food and beverage establishment. The property is ideally suited for businesses seeking a unique and energetic environment. Multiple tenancy options are available, with spaces ranging from a minimum of 600 square feet to a maximum contiguous space of 15,000 square feet. The property benefits from significant foot traffic, exceeding 700,000 annual patrons and sports enthusiasts. This presents a remarkable opportunity for businesses to connect with a large and engaged audience. The diverse range of existing tenants offers potential for synergistic partnerships and collaborations. The building's flexible space allows for customization to meet individual business needs. This is a rare opportunity to establish a presence in a dynamic and thriving community hub. Inquire today for available space options and to schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2015
Total area 1,980 SF
Lot 22.35 ac (973,435 SF)
APN 28 00066-0000-00018- 01
UPID US59-2183709
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
$18.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$18.67M
Owner & transaction history
Jersey Ctrl Power & Light Co · 9 yrs held
Jersey Ctrl Power & Light Co
since 2016
Last sale
$18.7M
7 recorded transactions
2017
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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