Property profile

500-550 Rike Dr Millstone, NJ 08535

OFF-MARKET
Land
Property ID
US59-1530688
3.25 ac lot
Entity Owned 1-yr Hold
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3.25 ac (141,570 SF)
UPID US59-1530688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500-550 Rike Dr Millstone, NJ 08535
Millstone metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
$1.5M
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500-550 Rike Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message