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Property profile & analytics
OFF-MARKET
Estimated value
$9,555,000
Commercial real estate
6 Channel Dr Monmouth Beach, NJ 07750-0006
Entity Owned
3-yr Hold
Free & Clear
Property ID
US59-1838129
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Construction
FRAME
Total area
14,826 SF
Lot
5.13 ac (223,463 SF)
Zoning code
B-1
APN
34 00025-0000-00009- 23
UPID
US59-1838129
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
-
Davis & Sons Roofing Roofing Company General Contractor
-
Beach Road Fitness and Sports Performance Academy Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.81M
Blend (final)
Blend
$9.56M
Owner & transaction history
Channel Club Smi LLC · 3 yrs held
Channel Club Smi LLC
since 2022
Last sale
$9.5M
2 recorded transactions
Zoning & alternative use
B-1 · Monmouth Beach, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Purpose of this zone is focus business marina uses
Zone name
Business Marina
General category
COMMERCIAL
Zone area
22.20 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Monmouth Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monmouth Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,965,000
ML approach
$9,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.56M
Range $8.60M – $10.51M · ±10% · vs last sale $9.50M (Nov 4 2022)
Last sale anchor
$9.50M
Nov 4 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$644 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$90,653
Tax year 2022
Assessed value
$7,717,300
Assessed 2023
Previous assessed
$7,717,300
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$4,031,900
Assessed improvement
$3,685,400
Land market value
$4,031,900
Improvement market value
$3,685,400
Total market value
$7,717,300
Applied tax rate
34.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
NONE
Stories
2
Total area
14,826 SF
Lot
5.13 ac (223,463 SF)
Zoning code
B-1
APN
34 00025-0000-00009- 23
UPID
US59-1838129
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Monmouth Beach, NJZoning B-1 · permitted uses
B-1 · Monmouth Beach, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Purpose of this zone is focus business marina uses
Zone name
Business Marina
General category
COMMERCIAL
Zone area
22.20 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
NONE
Stories
2
Lot
5.13 ac
Current owner
From public records · entity-resolved
Channel Club Smi LLC
Entity
Free & Clear · 3 yrs held
Mailing address
17330 PRESTON RD220A, DALLAS, TX 75252-5728
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2022
$9,500,000
Channel Club Smi LLC
Morgan Realty & Development LLC
Deed
—
Mar 15, 2018
—
Morgan Realty & Dev LLC
Morgan Realty & Dev LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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