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25 Abeel Road

Carly Kilroy Of Curran Commercial Represents Buyer In Sale Of Development Site For $4.03M
SOLDDevelopment Site

Carly Kilroy Of Curran Commercial Represents Buyer In Sale Of Development Site For $4.03M

25 Abeel Road

$4,032,000

$27/SF

Building Size

145,490 SF

Asset Type

Development Site

Closing

Jul 19, 2025

AI

This development site located at 25 Abeel Road in Monroe Township was sold for a price of $4,032,000. The building square footage totals 145,490, with a buildable square footage of 38,400, resulting in a price per buildable square foot of $105 and a price per square foot of $27.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $4,032,000
  • Address: 25 Abeel Road
  • Market: Monroe Township
  • Building Square Footage: 145,490
  • Buildable Square Footage: 38,400
  • Price per Buildable Square Foot: $105
  • Price per Square Foot: $27

Carly Kilroy from Curran Commercial represented the buyer in this transaction. The construction of the project will be managed by REDCOM Design & Construction, LLC.

Players

Carly Kilroy

Curran Commercial

Broker

$69.8M

vol

7 deals

Broker
Curran Commercial
Curran CommercialBrokerage

Monroe Township Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.93%

Cash-on-Cash

-1.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93