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Property profile & analytics
OFF-MARKET Estimated value $915,000
Commercial real estate

304 State Rte 34 Colts Neck, NJ 07722-2430

5,114 SF 0.99 ac lot Built 2018
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US59-2568816
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2018
Total area 5,114 SF
Lot 0.99 ac (43,342 SF)
Zoning code B-3
APN 10 00046-0000-00017- 14
UPID US59-2568816
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
$1.06M
Comparable Approach Comparable
$717k
Blend (final) Blend
$915k
Owner & transaction history
Gk Distilling INC · 6 yrs held
Gk Distilling INC
since 2020
5 recorded transactions
2020
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-3 · Colts Neck, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Outdoor cafes in conjunction with lawfully permitted restaurants in the B1, B2 and B3 Business Zones and further subject to the following provisions: (a) Site plan approval, minimum off-street and maximum lot coverage requirements shall not be applicable to conforming outdoor cafes. (b) Outdoor cafes shall be subject to the principal building front, side and…

Zone name Business
General category COMMERCIAL
Zone area 8.63 ac
Top alternative use upside
Apartment house (5+ units) $1.4M +1.9%
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