Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

961 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

184-186 NJ-34 Hwy

11,500 SF Specialty Building Offered at $3,500,000 in Holmdel, NJ 07733

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Very rural and relaxing area

EXECUTIVE SUMMARY

15 acres 12 acres used as farmland, 9000 sq ft old farmhouse to be converted to condominiums and 2500 sq ft house expanded to 5000 sq ft Flagpole lot.

184 state route 34 parking

FINANCIAL SUMMARY (PRO FORMA - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$240,000	$20.87
Other Income	$1,000	$0.09
Vacancy Loss	-	-
Effective Gross Income	$241,000	$20.96
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$16,000	$1.39
Net Operating Income	$225,000	$19.57

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income
Annual	$240,000
Annual Per SF	$20.87

Other Income
Annual	$1,000
Annual Per SF	$0.09

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$241,000
Annual Per SF	$20.96

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$16,000
Annual Per SF	$1.39

Net Operating Income
Annual	$225,000
Annual Per SF	$19.57

PROPERTY FACTS

Price	$3,500,000	Building Class	C
Price Per SF	$304	Lot Size	15.00 AC
Sale Type	Investment	Building Size	11,500 SF
Sale Condition	Redevelopment Project	No. Stories	3
Property Type	Specialty	Year Built/Renovated	1850/1975
Property Subtype	Shelter Specialty Lodge Meeting Hall Specialty Religious Facility	Parking Ratio	1.74/1,000 SF

Price	$3,500,000
Price Per SF	$304
Sale Type	Investment
Sale Condition	Redevelopment Project
Property Type	Specialty
Property Subtype	Shelter Specialty Lodge Meeting Hall Specialty Religious Facility
Building Class	C
Lot Size	15.00 AC
Building Size	11,500 SF
No. Stories	3
Year Built/Renovated	1850/1975
Parking Ratio	1.74/1,000 SF

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 20-00015-0000-00003-01 20-00015-0000-00003-01-QFARM	Improvements Assessment	$426,600
Land Assessment	$601,000	Total Assessment	$1,027,600

PROPERTY TAXES

Parcel Numbers

Multiple

20-00015-0000-00003-01
20-00015-0000-00003-01-QFARM

Land Assessment

$601,000

Improvements Assessment

$426,600

Total Assessment

$1,027,600

ZONING

Zoning Code	R4 (currently zoned residential 4 acres and farmland, 9000 sq ft house looking for builder to convert.to condominium)
R4 (currently zoned residential 4 acres and farmland, 9000 sq ft house looking for builder to convert.to condominium)