701 Monmouth Rd, Plumsted, NJ 08514
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.