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Property profile & analytics
FOR SALE
Commercial real estate

608 Texas Rd Morganville, NJ 07751

0.31 ac lot
Individually Owned 4-yr Hold
Property ID
US59-2394751
608 Texas Rd, Morganville, NJ 07751 For Sale
$85,000
608 Texas Rd, Morganville, NJ 07751
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Property summary
AI-generated overview

This exceptional 0.31-acre commercial land parcel presents a prime investment opportunity in the thriving Marlboro, New Jersey market. Located at 608 Texas Rd, 07751, this fee-simple property boasts a highly desirable C-4 zoning designation, permitting a wide range of commercial uses. Permitted uses include, but are not limited to, retail establishments, restaurants, motels, new car sales, and food service businesses. The property offers ample parking with six designated spaces, ensuring convenience for both customers and employees. Its strategic location within a high-traffic area guarantees exceptional visibility and accessibility, making it an ideal site for a variety of commercial ventures. The property's APN is 30-00174-0000-00003. Prospective buyers are responsible for conducting their own due diligence to verify all permitted uses and ensure the property aligns with their intended business plans. This is a rare opportunity to acquire a well-situated commercial lot in a dynamic and growing area. The asking price is $150,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.31 ac (13,504 SF)
APN 30-00174-0000-00003
UPID US59-2394751
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
Amiran Tsertsvadze · 4 yrs held
Amiran Tsertsvadze
since 2021
1 recorded transaction
2021
$37,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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