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    Property profile & analytics
    FOR SALE
    Commercial real estate

    568 Monmouth Rd, Millstone, NJ 08510

    2,385 SF 4.25 ac lot
    Entity Owned 26-yr Hold Absentee Owner Free & Clear
    Property ID
    US59-1683608
    Property summary
    AI-generated overview

    This exceptional turn-key restaurant opportunity is situated on a prominent 4.25-acre lot in Millstone, New Jersey, zoned HC-1 (Highway Commercial). The 2,385 square foot, single-story building enjoys a high-traffic location near Six Flags Great Adventure, providing excellent visibility and accessibility. The sale includes the existing lease, all furniture, fixtures, and equipment, along with a valuable liquor license. This presents a unique chance to acquire an established business with significant potential for growth. The property boasts convenient access to major roadways, including Highway 9, Interstate 95, and Interstate 195, ensuring easy commutes for both staff and customers. The surrounding area features a mix of thriving businesses and new developments, indicating a strong and growing market. While the real estate purchase price will be determined separately at the time of sale, a lease option is also available for $5,000 per month, NNN (Net, Net, Net). This presents a flexible investment opportunity for various business models and financial strategies. The asking price for the business, including all assets, is $749,000. The property's location at 568 Monmouth Rd, Millstone, NJ 08510, offers unparalleled exposure and convenience.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 2,385 SF
    Lot 4.25 ac (185,130 SF)
    Zoning code HC-1
    APN 33 00056-0000-00013- 01
    UPID US59-1683608
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    County Of Monmouth · 26 yrs held
    County Of Monmouth
    since 2000
    4 recorded transactions
    2003
    2000
    $21,000
    1999
    $150,000
    1969
    Zoning & alternative use
    HC-1 · Millstone Township, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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