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    500-550 Rike Dr Millstone, NJ 08535

    • Commercial real estate
    • 3.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US59-1530688
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 500-550 Rike Dr

    Lot size
    3.25 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 3.25 to 5.25-acre industrial land parcel presents a unique investment opportunity in the highly desirable Moto Industrial Park in Millstone, New Jersey. Located at 500-550 Rike Drive, 08535, this property is zoned BP - Business Park District, offering significant flexibility for development. The site boasts the convenience of an existing well and septic system, eliminating the need for costly infrastructure upgrades. Situated in Monmouth County, this location provides easy access to major transportation arteries, ensuring seamless logistics and distribution. The property's size, coupled with its prime location and existing utilities, makes it ideal for a variety of industrial uses. Block 16, Lot 10.04 provides a clear and easily identifiable location within the park. The asking price for this exceptional opportunity is $1,550,000. This is a rare chance to acquire a ready-to-develop industrial site in a thriving New Jersey market. Don't miss this chance to secure your future in this sought-after location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Millstone
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.43698
    Latitude
    40.253658

    Comparable in this City

    • $1,150,000
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      11.82 Acres

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    • $16,000,000
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      Industrial Opportunity in Millstone, NJ

      Potential Class A Industrial Park in Central New Jersey.
      491 State Route 33, Millstone Township, NJ 08535
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      Millstone Industrial Space For Sale

      Customizable industrial space with outside storage and expansion possibilities.
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    • $2,000,000

      Office/Medical Space on Route 33

      Office/medical space with high visibility and flexible floor plan.
      516 State Route 33, Millstone Township, NJ 08535
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      6.50 Acres

      Millstone Commercial Land & Building

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    Similar Nearby for Sale

    • $1,150,000
      2.98 Acres

      Prime Millstone Industrial Land

      2.98 Acres, Business Park Zoning
      100-150 Meco Dr, Millstone, NJ 08535
      View Details
    • Contact for pricing
      11.82 Acres

      NJ Turnpike Exit 8 Warehouse Land

      11.82 Acres, Approved Distribution Site
      2 Debaun Rd, Millstone, NJ 08535
      View Details
    • $16,000,000
      2,000 SF

      Industrial Opportunity in Millstone, NJ

      Potential Class A Industrial Park in Central New Jersey.
      491 State Route 33, Millstone Township, NJ 08535
      View Details
    • Contact for pricing

      Millstone Industrial Space For Sale

      Customizable industrial space with outside storage and expansion possibilities.
      1 Prodelin Way, Millstone Township, NJ 08535
      View Details
    • $1,499,000

      Commercial Buildings on Corner Lot

      Two commercial buildings on a corner lot for sale.
      451-453 State Route 33, Millstone Township, NJ 08535
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    • Contact for pricing
      6.50 Acres

      Millstone Commercial Land & Building

      Highway Frontage, Ample Parking, Move-In Ready
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      View Details

    Similar Nearby for Lease

    • $28 SF/Yr

      Highway 33 Retail/Office/Warehouse Space

      Retail, office, and warehouse spaces available on heavily traveled Highway 33.
      514 State Route 33, Millstone Township, NJ 08535
      View Details
    • Contact for pricing
      14,400 SF

      Office Space in Gedi Park

      Two 1200 sq ft office units available for rent.
      490 State Route 33, Millstone Township, NJ 08535
      View Details
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    Millstone, NJ 08535
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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