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Property profile & analytics
OFF-MARKET
Land

701 Monmouth Rd Plumsted, NJ 08514

3 ac lot
Entity Owned 3-yr Hold
Property ID
US59-0444847
Property summary
AI-generated overview

This exceptional 3-acre industrial land parcel in Plumsted, New Jersey, presents a unique investment opportunity. Located at 701 Monmouth Rd, 08514, this property boasts a fully approved site plan for a 3,200 square foot maintenance facility, complete with ample space for trailer parking and storage. The site plan incorporates the latest NJDEP stormwater regulations, eliminating potential delays. The $1.4 million valuation (negotiable) includes all necessary approvals, paving the way for immediate construction. The zoning permits truck repair, parking, and storage—a rare and valuable asset in New Jersey, reflecting the owner's three-year investment in securing these approvals. The property benefits from its strategic location, offering convenient access to major transportation arteries including I-195, Route 9, and the New Jersey Turnpike. This location also places the property within minutes of over one million square feet of recently completed industrial development, indicating strong current and future demand. The seller can also deliver the site fully built with site work and a Certificate of Occupancy, although pricing for this option is yet to be finalized. This is a turnkey opportunity to capitalize on the burgeoning industrial market in a prime location with no anticipated local opposition. The property's proximity to major highways and existing industrial development ensures strong potential for future growth and return on investment.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 SF)
UPID US59-0444847
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
Tp1 Nj LLC · 3 yrs held
Tp1 Nj LLC
since 2023
2 recorded transactions
2024
Price N/A
2023
$160,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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