321 Route 33, Manalapan, NJ
Land for Sale - $1,700,060 - 6 acres
Property Info
CIMLS# | 916519 |
Location 321 Route 33 Manalapan NJ 07726 | |
Updated | June 21st, 2017 |
Type | Land |
Price | $1,700,060 |
Land | 6 acres |
Property Description
Monmouth County land listings that could be of interest for retail development. No approvals, at this point.
(Manalapan cuts a long north-south swath in western Monmouth. It borders Freehold, Marlboro and Millstone and is about 25 minutes from Atlantic beaches. Routes 9 and 33 cut through it and it is very close to Routes 18 and 34).
One could follow-up on the demographic research done by CVS and Walgreens to locate at an intersection about 500 yards from this site, not shown on these earlier Google maps. The parcel is clear and flat and virtually wetlands free. 32,000+ cars pass by this site, daily (NJDOT). In the towns that are 5 miles east and west of this site, there is a population of 70,000+, with a median household income well over $75,000, significantly above the national average. In addition, there are 4 newer residential communities (Knob Hill, Four Seasons, Heritage Village, the Villages and Battleground Estates) developed by national firms which are underserved as neighborhoods --- except by the daunting drive to congested Route 9 corridor or the regional mall in Freehold.
Unlike the two pharmacy retail chains, this parcel has direct highway access. The property is properly zoned for retail, and the immediate vicinity will welcome a dynamic, WaWa convenience store/gas depot, across the highway.
Financials
Income only temporary as the best and highest use is business location or commercial development