730 Jamaica Blvd Toms River, NJ 08757
- Commercial real estate
- 49,504 SF
- 6.35 lot acres
Current Use by Public Records
- Balloon pantry.com / Party Store
- Memory Vision & The Photo Factory / Photo Restoration Service
- Wells Fargo ATM / Atm
- Miss Donna Papaleo / Audiologist
- Holiday City Plaza / Business Center
Property Details for 730 Jamaica Blvd
- Year built
- 1984
- Construction
- CONCRETE BLOCKS
- Lot size
- 6.35 lot acres
- Property size
- 49,504 SF
- Zone code
- PRRC
- Property type
- Commercial real estate
- APN
- 06 00004- 146-00001- 01
- APU
- 6000041460000101
Description
Holiday City Plaza I, a 49,504-square-foot single-story indoor mall in Ocean County's Holiday City Berkeley submarket, presents a unique investment opportunity. This 1984-built property boasts 31 suites, currently featuring 17,560 square feet of vacant space, ideal for a variety of retail, office, or restaurant uses. The mall serves as a vital commercial hub for over 14,000 homes within the surrounding 55+ adult community. Available spaces range from 1,256 to 7,872 square feet, with combination options available (Units 1, 3, and 4 totaling 5,262 sq ft; Units 14-15 and 16-19 totaling 7,872 sq ft). The property is zoned PRRC (Planned Residential Retirement Community) and includes 200 parking spaces. Leases are NNN, with a rate of $16 per square foot plus $7 per square foot for CAM and real estate taxes. Tenants are responsible for their own utilities. Detailed unit plans are available upon request. This property offers significant potential for growth within a thriving, established community. Located conveniently near Plaza Drive, this is a prime location for businesses catering to the area's substantial resident population.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,160,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,270,000
- 6.5%
- $2,830,000
- 7%
- $3,095,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,775,000
- Geo Method
- $3,230,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,690,000
- Retail
- $3,595,000
- Mixed-Use
- $3,265,000
- Hospitality
- $3,530,000
- Educational
- $2,890,000
- Residential Income
- $3,520,000
- Energy
- $3,430,000
- Income-Based Land
- $3,595,000
- Food Service
- $2,900,000
Location Insight
- Map
- Local Demand
- City
- Toms River
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2451
- Latitude
- 39.9718
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
