Multi-Tenant Industrial Flex
For Sale
$1,000,000
9 Mount Lane, Manasquan, NJ 08736
COMMERCIAL - Manasquan, NJ
Property Size8,441 SF
Lot Size0.37 Acres
Price / SF$118.47
Days on Market147
Property Features for 9 Mount Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Professional, Multi-Use, Mixed, Industrial, Commercial
Parking features
On Street
Directions
Located off Union Ave. between Curtis Ave. and Euclid Ave.
Standard status
Active
APN
29-00082-0000-00056-01-C0001
Size
8,441 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11431
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1912
Floors in Building
2
Listing Agency:
KeyVest LLC
(877) 662-7540
Listed By:
Thomas M Santoro Jr.
(877) 662-7540
Added: Mar 5
Changed: Jul 8
Last Checked: Jul 30 at 4:06PM
MLS# 22605619
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.
Investment Insights
Based on property information with market context.
This multi-tenant industrial flex building includes multiple warehouse and office configurations totaling 8,000+ square feet. The property features a 4,100-square-foot warehouse with approximately 20-foot ceilings. There is also a 2,300-square-foot warehouse/office space with about 300 square feet of office and 15–16-foot ceilings. Additional space includes a 750-square-foot first-floor office and an 850-square-foot second-floor office that is currently vacant.
The roof and HVAC are approximately 5 years old. The building has gas heat throughout and air conditioning in the office units. Tenants pay utilities, taxes, and snow removal, and there are no condo fees. The property is described as not located in a flood zone, and buyers are instructed to confirm.
The property is zoned B-3 and is described as supporting short-term leases. The listing notes income in place and provides references to current rents for each space.
The roof and HVAC are approximately 5 years old. The building has gas heat throughout and air conditioning in the office units. Tenants pay utilities, taxes, and snow removal, and there are no condo fees. The property is described as not located in a flood zone, and buyers are instructed to confirm.
The property is zoned B-3 and is described as supporting short-term leases. The listing notes income in place and provides references to current rents for each space.
Key Highlights
- 8,000+ SF multi‑tenant industrial flex building in a desirable commercial corridor.
- Income in place from existing tenants with strong upside potential.
- 4,100 SF warehouse with ~20' ceilings** and 2,300 SF warehouse/office space.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.6k | $14.40 |
| − Vacancy | −$6.0k | −$0.71 |
| EGI | $115.6k | $13.69 |
| − OpEx | −$34.7k | −$4.11 |
| NOI | $80.9k | $9.59 |
8,441 SF · lease $14.40/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.98M
$1.73M – $2.31M
NOI $138,458 @ 7.0% cap · market cap 13.85%
Second Best
Office B
$1.84M
$1.61M – $2.15M
NOI $129,147 @ 7.0% cap · market cap 12.91%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,288 @ 7.0% cap · market cap 15.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
3
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08736, NJ
12,566
Population
6,155
Households
2
Avg Household Size
49
Median Age
70%
College-Educated
99%
High-School Grad
4.7 sq mi
ZIP Area
2,674
Density / Sq Mi
$170,042
Median Household Income
$72,924
Median Earnings
$1,838
Median Rent
$849,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- ENJOY EVENTS — Manasquan, NJ 08736
Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant industrial flex building with warehouse and office space, including gas heat and HVAC for office units.
Where is this flex space located?
The property is located at 9 Mount Lane Manasquan, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 8,000+ SF multi‑tenant industrial flex building in a desirable commercial corridor.; Income in place from existing tenants with strong upside potential.; 4,100 SF warehouse with ~20' ceilings** and 2,300 SF warehouse/office space.
