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Property profile & analytics
OFF-MARKET Estimated value $1,000,000
Commercial real estate

588 Shrewsbury Ave Tinton Falls, NJ 07701-4909

5,360 SF 1.6 ac lot Built 2008
Entity Owned 2-yr Hold Free & Clear
Property ID
US59-0253347
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Total area 5,360 SF
Lot 1.6 ac (69,696 SF)
Zoning code HCC
APN 49 00015- 03-00001- 01
UPID US59-0253347
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
Current use
Occupant on record · Public records
  • McDonald's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
$1.12M
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.00M
Owner & transaction history
Mcdonalds Real Estate Company · 2 yrs held
Mcdonalds Real Estate Company
since 2024
Last sale
$997,800
3 recorded transactions
2024
Price N/A
2024
$997,800
2008
Price N/A
Zoning & alternative use
HCC · Tinton Falls, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Signs in Nonresidential Districts Except the HCC Highway/Community Commercial District. a. Any sign authorized for permitted uses in the Residential Districts as specified above is permitted in a commercial district. b. Signs for Business Office or Professional Office Uses: (1) Wall signs up to 10 square feet per separate office tenant on the premises shall…

Zone name Highway Community Commercial
General category COMMERCIAL
Zone area 310.14 ac
Source Tinton Falls, NJ - Zoning
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