Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land for Lease, High Visibility Title is generated by Realmo AI

    2000 Route 88, Brick, NJ 08724

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Brick, NJ

    Type:Retail
    Lot size:
    1.00 Acre
    Added:
    Apr 22, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 7 at 6:06 pm

    Property Features for 2000 Route 88

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    07-01029-0000-00002
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Robert Cox

    Listing agent Robert Cox License #1536806

    Listing office Crossroads Realty, Inc. 81 E Water Street Suite 1A, Whiting, NJ

    Listing date Apr 22, 2026

    MLS# 22611237

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Highly visible corner location on Route 88 and Old Squan Rd.
    • High traffic count of approximately 20,000+ cars per day.
    • Zoned B2 General Business, allowing for various retail uses.
    • Consists of two parcels: 2000 Route 88 (1 acre) and 1990 Route 88 (0.24 acre).
    • Parcels can be leased separately.
    • 1990 Route 88 includes a building that could be utilized.

    Overview

    This property consists of two parcels of land available for lease, located at the corner of Route 88 and Old Squan Road. The parcels include 2000 Route 88, which is 1 acre, and 1990 Route 88, which is 0.24 acres. The parcels can be leased separately. The property at 1990 Route 88 includes a building that could be utilized with some improvements. The location offers high visibility with an average daily traffic count of approximately 20,000 vehicles per day. The property is located in the B2 General Business Zone, which allows for various retail uses, including restaurants, drugstores, and professional services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brick
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.11264
    Latitude
    40.074575

    Nearby Similar for Lease

    • $1,100/Mo

      Office Space in Brick, NJ

      Office space with reception area, two offices, and bathroom.
      254 Brick Boulevard, Brick, NJ 08723
      View Details
    • Contact for pricing
      2,824 SF

      Freestanding Retail/Office Opportunity in Brick

      High-traffic location, flexible layout, drive-thru infrastructure, ready for occupancy.
      120 Jack Martin Boulevard, Brick, NJ 08724
      View Details
    • Contact for pricing

      Medical Office Space Available

      Newly renovated medical office in Brick Township, Route 70.
      525 Route 70, Brick, NJ 08723
      View Details
    • Contact for pricing

      Retail Space in Drum Point Plaza

      1,637 SqFt retail space in a busy plaza.
      363 Brick Boulevard, Brick, NJ 08723
      View Details
    • Contact for pricing

      Brick, NJ Office Space

      First-floor office space with flexible layout and ground-level access.
      317 Brick Boulevard, Brick, NJ 08724
      View Details
    • Contact for pricing

      Professional Office Space Available

      Well-maintained 900 SF office space in Brick, NJ.
      1869 Route 88, Brick, NJ 08724
      View Details
    • Contact for pricing
      2,280 SF

      Retail Space in Brick, NJ

      Retail space available in a busy neighborhood center.
      323 Drum Point Road, Brick, NJ 08723
      View Details
    • $2,946/Mo
      1,666 SF

      Retail/Office Space in Brick Township

      Retail or office space in a busy, fully occupied complex.
      101 Prosper Way, Brick, NJ 08724
      View Details
    • Contact for pricing
      1,450 SF

      Prime Retail Space on Route 88

      1,450 SF retail space on Route 88 in Brick, NJ.
      1779 Route 88, Brick, NJ 08724
      View Details
    • Contact for pricing

      Retail/Commercial Space in Brick, NJ

      High-visibility retail/commercial space with flexible layout and ample parking.
      373 Herbertsville Road, Brick, NJ 08724
      View Details
    • Sponsored
      $20 SF/Yr
      1,250-1,250 SF

      399 Mantoloking Road

      Ideal location for bagel shop, deli, barber shop, office.
      399 Mantoloking Rd, Unit Brick, Brick, NJ 08723
      View Details
    • $20 SF/Yr

      New Construction Office Building

      New construction office space available for lease in Brick, NJ.
      627 Mantoloking Road, Brick, NJ 08723
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot on Route 88, high traffic, retail potential.
    Where is this commercial land located?
    The property is located at 2000 Route 88 Brick, NJ.
    What are key features of this property?
    This property features: Highly visible corner location on Route 88 and Old Squan Rd.; High traffic count of approximately 20,000+ cars per day.; Zoned B2 General Business, allowing for various retail uses.
    (732) 244-4900
    We can help!
    Listing Contact
    Robert Cox
    Real Estate License ID: 1536806
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2000 Route 88, Brick, NJ 08724
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!