151 Bodman Pl Red Bank, NJ 07701
- Office buildings
- 29,178 SF
- 1.15 lot acres
Current Use by Public Records
- Navesink Investment LLC / Investment Service
- Lynn Occhipinti, LLP. / Law Firm
- Monmouth County NJ Divorce Mediator and Attorney, Family Law--Anna Mae Perillo, Esq. / Law Firm / Divorce Service
- Sunnymeath Asset Management / Business Management Consultant
- FedEx Drop Box / Mailing Service
Property Details for 151 Bodman Pl
- Year built
- 1982
- Lot size
- 1.15 lot acres
- Property size
- 29,178 SF
- Zone code
- WD
- Property type
- Office buildings
- APN
- 39 00003-0000-00001- 01
- APU
- 390000300000000101
Description
The Coastal Building, located at 151 Bodman Place in Red Bank, New Jersey (zip code 07701), offers exceptional executive and traditional office spaces. This Monmouth County property boasts a total of 29,178 square feet, currently 100% occupied with multiple tenants. The building provides a range of suite sizes, accommodating businesses seeking spaces from 512 square feet to 3,900 square feet. The address is conveniently situated in Red Bank, offering easy access to local amenities and transportation. The building's classification as both executive and traditional office space caters to a diverse range of professional needs, providing a flexible and adaptable environment for various business models. This prime location in Monmouth County, New Jersey, presents a unique opportunity for businesses seeking a well-established and highly sought-after office space. The building's current occupancy reflects its desirability and the high quality of its offerings. Interested parties are encouraged to inquire about leasing opportunities. The building's precise layout and specific amenities are available upon request. This is a fully occupied building, presenting a strong investment opportunity for those seeking a stable and well-located commercial property. Further details regarding lease terms and conditions can be provided upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,690,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,725,000
- 6.5%
- $6,635,000
- 7%
- $6,475,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,320,000
- Geo Method
- $6,835,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,545,000
- Retail
- $6,025,000
- Mixed-Use
- $6,700,000
- Hospitality
- $5,480,000
- Educational
- $6,765,000
- Residential Income
- $6,260,000
- Energy
- $5,925,000
- Income-Based Land
- $5,085,000
- Food Service
- $5,170,000
Location Insight
- Map
- Local Demand
- City
- Red Bank
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.0755
- Latitude
- 40.355
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
