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    Updated Dental/Medical Office Space Title is generated by Realmo AI

    769 Atlantic City Boulevard, Bayville, NJ 08721

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    COMMERCIAL - Bayville, NJ

    Property size:
    1,050 SF
    Added:
    Mar 5, 2026
    Days on Market:
    73
    Last Refresh:
    May 17 at 3:06 pm

    Property Features for 769 Atlantic City Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Parking features
    Off Street, Parking Lot
    Interior features
    Fluorescent
    Exterior features
    Lighting
    Standard status
    Active
    APN
    06-01407-0000-00015
    Size
    1,050 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1985
    Floors in Building
    1
    Flooring type
    Vinyl

    We can help!

    Listing Contact
    Gary I Weiner

    Listing agent Gary I Weiner License #2077848

    Listing office Keller Williams Shore Properties 1030 Hooper Ave., Toms River, NJ

    Listing date Mar 5, 2026

    MLS# 22605627

    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

    • Updated dental/medical office space featuring three operatories and two labs.
    • Prime location at the intersection of Route 9 & Butler Blvd with easy access to the Garden State Parkway.
    • Two entrances with waiting areas and a large reception/staff area.
    • Ample parking with easy access and pylon signage.
    • Recently updated with new flooring and paint.
    • Well‑maintained building.

    Overview

    This is a former dental office that has been recently updated for dental, medical, or general office use. The entire office has been updated with new flooring and paint. The layout includes three operatories, two labs, and two entrances, each with its own waiting area. A reception window is present in the main waiting area, along with a large reception and staff area. The property is located at the intersection of Route 9 and Butler Blvd in Bayville, New Jersey, offering easy access to the Garden State Parkway. Ample parking is available, with convenient access to Route 9 and pylon signage. The building is well maintained and fully leased. The property has a size of 1050 square feet and is suitable for those starting a practice or seeking a second Jersey Shore location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Weston Chiropractic and Rehabilitation Alternative Medicine Practice Law Offices of Benjamin ... Law Firm Wiedeke Jr Frederick ... Law Firm Granite Care Plus General Contractor Royal Airport Taxi ... Courier Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Bayville Veterinary Hospital — 251 Atlantic City Blvd, Bayville, NJ 08721

    Location Insight

    • Map
    • Local Demand
    City
    Bayville
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.159636
    Latitude
    39.892109

    Nearby Similar for Lease

    • $1,000/Mo
      600 SF

      Affordable Office Space on Route 9

      Office space for rent in Bayville, NJ.
      231 Atlantic City Boulevard, Bayville, NJ 08721
      View Details
    • Sponsored
      $129-$4,606/Mo
      11-1,292 SF

      NJ, Bayville - 333 US 9

      333 Us 9, Bayville, NJ 08721
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Recently updated office space suitable for dental, medical, or office use.
    Where is this medical office space located?
    The property is located at 769 Atlantic City Boulevard Bayville, NJ.
    What are key features of this property?
    This property features: Updated dental/medical office space featuring three operatories and two labs.; Prime location at the intersection of Route 9 & Butler Blvd with easy access to the Garden State Parkway.; Two entrances with waiting areas and a large reception/staff area.
    (732) 797-9001
    We can help!
    Listing Contact
    Gary I Weiner
    Real Estate License ID: 2077848
    Learn More
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    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.

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