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Property profile & analytics
FOR LEASE
Industrial properties

611 Industrial Way W Eatontown, NJ 07724

127,036 SF 10.3 ac lot Built 1966
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-1373175
Property summary
AI-generated overview

This exceptional 7,074-square-foot office space is situated within a 130,000-square-foot flex building in the desirable Eatontown Office & Industrial Park. Located at 611 Industrial Way West, Eatontown, NJ 07724, this single-story, Class B building offers convenient access to major roadways including the Garden State Parkway (Exit 105), Routes 18, 35, 36, and I-195. Built in 1978 and renovated in 1997, the property boasts a 14-foot ceiling height. The space itself features 13 private offices, two conference rooms, a training room, a kitchen/pantry, a reception area, an open floor plan, and private bathrooms. The building offers a 5:1000 parking ratio. The minimum divisible space is 7,074 square feet, and the maximum contiguous space available is also 7,074 square feet. This represents a unique opportunity to lease a substantial, well-appointed office space in a highly accessible location. The property is situated in the Monmouth East submarket, near Hope Road. The total building comprises one suite.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1966
Total area 127,036 SF
Lot 10.3 ac (448,668 SF)
Zoning code BP2
APN 12 03504-0000-00001
UPID US59-1373175
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
$10.99M
Owner & transaction history
611 Industrial Way LLC · 4 yrs held
611 Industrial Way LLC
since 2022
7 recorded transactions
2022
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BP2 · Eatontown, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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