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Property profile & analytics
OFF-MARKET Estimated value $1,185,000
Industrial properties

98 Industrial Ct Freehold, NJ 07728-8898

7,000 SF 3.06 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1636947
Property summary
AI-generated overview

This exceptional 7,000-square-foot industrial building, located at 98 Industrial Ct in Freehold, New Jersey (07728), presents a compelling investment opportunity. The property, classified as Class B, boasts a desirable flex, manufacturing, and warehouse configuration, making it suitable for a wide range of businesses. Situated on a spacious 3.06-acre lot, the single-story building offers ample space for operations and potential outside storage, permitted by zoning. Recent renovations in 2021 ensure modern functionality. The building features three loading docks and one dock-high door, facilitating efficient loading and unloading. Ceiling heights range from 16 to 20 feet, providing generous vertical space. The property benefits from heavy power and a fenced yard, enhancing security and operational capabilities. Its convenient location provides easy access to major roadways including Routes 9, 18, 33, 34, and 195, ensuring seamless transportation and logistics. The asking price is $2,300,000, translating to $328.57 per square foot. The property will be delivered vacant, allowing for immediate occupancy and customization to meet specific business needs. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving area of Monmouth County.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 7,000 SF
Lot 3.06 ac (133,294 SF)
Zoning code SED
APN 21 00168-0000-00036- 03
UPID US59-1636947
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
$1.51M
CAP Approach CAP
$1.03M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.19M
Owner & transaction history
96 Industrial Court LLC · 1 yrs held
96 Industrial Court LLC
since 2024
Last sale
$1.2M
4 recorded transactions
2024
Price N/A
2021
$1.2M
2018
Price N/A
2018
Price N/A
Zoning & alternative use
SED · Freehold, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.9M +28.2%
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