Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

601 Rte 72nd E Manahawkin, NJ 08050-3544

  • Commercial real estate
  • 10,126 SF
  • 4.95 lot acres
OFF-MARKET
Value Estimations
$1,955,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US59-1280700
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 601 Rte 72nd E

Year built
1985
Construction
CONCRETE BLOCKS
Lot size
4.95 lot acres
Property size
10,126 SF
Zone code
HC
Property type
Commercial real estate
APN
31 00147- 107-00142- 02
APU
31001471070014202

Description

This turnkey pizza restaurant opportunity presents a unique investment prospect in Manahawkin, NJ. Located at 601 Route 72 Unit 601, this established business boasts a strong positive cash flow, exceeding 52% profitability. The property sits on a 4.95-acre lot, offering ample space and potential for expansion. Its prime location ensures high visibility and consistent customer traffic. The restaurant benefits from its proximity to major roadways, providing easy access for customers, and is conveniently located near shopping centers and the beach, attracting a diverse clientele. This turnkey operation includes all necessary equipment and infrastructure, minimizing the initial investment required for a new owner. The business is currently generating significant revenue, making it an attractive option for experienced restaurateurs or investors seeking a profitable venture with established customer loyalty. This is a rare opportunity to acquire a well-established, high-performing business in a desirable location. The sale price is $550,000. Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,950,000
    6.5%
    $1,800,000
    7%
    $1,670,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $2,181,000
    Market price range: $668k - $2.18M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $2,160,000
    Current use
    APARTMENT HOUSE (5+ UNITS)
    $2,870,000
    Change: +33% Conversion: Moderate
    OFFICE BUILDING
    $2,405,000
    Change: +11% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Manahawkin
County
Ocean
State
New Jersey
Longitude
-74.2424
Latitude
39.6815
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$66,397
$1,165,600
$1,655,000
$2,820,600
-
$1,165,600
$1,655,000
$2,820,600
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