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Property profile & analytics
OFF-MARKET
Commercial real estate

500-550 Rike Dr Millstone, NJ 08535

3.25 ac lot
Entity Owned 1-yr Hold
Property ID
US59-1530688
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 Commercial real estate
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
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ts3 Group LLC · 1 yrs held
Ts3 Group LLC
since 2025
3 recorded transactions
2025
Price N/A
2025
$1.5M
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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