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Property profile & analytics
OFF-MARKET Estimated value $1,050,000
Commercial real estate

221 Monmouth Rd Oakhurst, NJ 07755-1540

5,220 SF 0.67 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-2003420
Property summary
AI-generated overview

This exceptional 5,220 square foot freestanding commercial building is situated on a 0.67-acre lot in the desirable Oakhurst, NJ, location. Originally a bank branch, the property boasts a striking brick facade and retains its classic architectural elegance. Inside, the building offers a comfortable and productive work environment thanks to central air conditioning. The building's prime location in the heart of Oakhurst ensures high visibility and easy accessibility for clients and employees. This presents a unique opportunity for businesses seeking a blend of historical character and modern functionality. The spacious interior provides ample room for various business configurations, making it suitable for a wide range of commercial uses. The 0.67-acre lot offers potential for expansion or additional parking, further enhancing the property's value and versatility. The building's strong structural integrity and well-maintained condition are testament to its enduring quality. This property offers a rare combination of historical charm, modern convenience, and a highly desirable location, making it an exceptional investment opportunity in a thriving New Jersey community. The asking price is $2,499,000. This is a turnkey opportunity for a business seeking a prestigious and functional space in a vibrant town.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Construction BRICK
Total area 5,220 SF
Lot 0.67 ac (29,100 SF)
Zoning code O140
APN 37 00022-0000-00015
UPID US59-2003420
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
$1.12M
CAP Approach CAP
$1.09M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.05M
Owner & transaction history
221 Monmouth Road Holding LLC · 5 yrs held
221 Monmouth Road Holding LLC
since 2021
Last sale
$960,000
3 recorded transactions
2021
$960,000
2021
Price N/A
1969
Price N/A
Zoning & alternative use
O140 · Oakhurst, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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