Furnished Office Unit with
For Sale
Contact for pricing
100 Lakeview Drive B1, Jamesburg, NJ 08831
Private office unit with furnishings, restrooms, a partial kitchen, and ramp-accessible entry.
Property Size200 SF
Price / SF$3
Days on Market57
Property Features for 100 Lakeview Drive B1
General Information
Standard status
Active
Size
200 SF
Additional Details
Furnished
Yes
Amenities
common area overlooking the lakefront
handicapped entry ramps
private rest rooms
partial kitchen
Building Details
Year Built
1999
Listing Agency:
CENTURY 21 BURKE REALTY
Listed By:
JOHN H. BURKE · License #3522589
(732) 658-6800
Source:
Goldstandardrealty
Added: Aug 21
Changed: Oct 3
Last Checked: Oct 7 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 BURKE REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit at 100 Lakeview Drive, Suite B1, includes a desk and cabinet as well as private restrooms and a partial kitchen. The building was completed in 1999 and provides a common area with views toward the lakefront.
Ramp-accessible entry supports convenient access to the building. The property is next to Thompson Park and the downtown business district, combining a quiet setting with proximity to established business activity. On-site parking is also available.
Ramp-accessible entry supports convenient access to the building. The property is next to Thompson Park and the downtown business district, combining a quiet setting with proximity to established business activity. On-site parking is also available.
Key Highlights
- Partially furnished with a desk and cabinet
- Private restrooms and a partial kitchen
- Ramp‑accessible building entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,060
Suggested Prices Based on Cap Rates
Cap Rate 5%
$61,200
$61.2K
Cap Rate 7%
$43,714
$43.7K
Cap Rate 9%
$34,000
$34.0K
Market Conditions
NOI Build-Up for 200 SF
Gross rent
$6.0K $30.00/SF
− Vacancy
−$1.9K −$9.60/SF
EGI
$4.1K $20.40/SF
− OpEx
−$1.0K −$5.10/SF
NOI
$3.1K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$61,200
Cap Rate 7%
$43,714
Cap Rate 9%
$34,000
Alternative Uses
Best Use
Office B
$43.7K
$38.3K – $51.0K
NOI $3,060 @ 7.0% cap · market cap 510.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$52.2K
$45.7K – $60.9K
NOI $3,656 @ 7.0% cap · market cap 609.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 08831, NJ
55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Private office unit with furnishings, restrooms, a partial kitchen, and ramp-accessible entry.
Where is this office units located?
The property is located at 100 Lakeview Drive B1 Jamesburg, NJ.
What are key features of this property?
This property features: Partially furnished with a desk and cabinet; Private restrooms and a partial kitchen; Ramp‑accessible building entry
