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    505 Richmond Ave Point Pleasant Beach, NJ 08742

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    For Lease
    Contact for pricing

    Retail space with grocery fixtures available for lease.

    Property size:
    17,369 SF
    Lot size:
    1.08 Acres

    Property Features for 505 Richmond Ave

    General Information

    Size
    17,369 SF
    Lot size
    1.08 Acres

    Source: Sabre Real Estate Group, LLC Agent Dina Santarelli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Grocery Fixtures

    This 17,369 square foot retail property, suitable for grocery and convenience stores or individual retail use, features high ceilings and a large dedicated parking field. The property benefits from excellent visibility and pylon signage opportunities. It is positioned at the intersection of Richmond Avenue and Laurel Avenue in a high-income market. The space is fully fixtured as a grocery store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Appliance Repair Point ... Appliance Repair Service Stop & Shop Grocery Store Western Union Money Transfer Service Coinstar Kiosk | Bitcoin ... Atm Coinme at Coinstar - Bitcoin ... Kiosk

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Point Pleasant Beach
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.0497457
    Latitude
    40.0909321

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail space with grocery fixtures available for lease.
    Where is this grocery and convenience store located?
    The property is located at 505 Richmond Ave Point Pleasant Beach, NJ.
    What are key features of this property?
    This property features: - Prime position at the intersection of Richmond Ave and Laurel Ave in a high-income market.; - Fully fixtured grocery store.; - Large dedicated parking field.
    (516) 874-8070
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    505 Richmond Ave Point Pleasant Beach, NJ 08742
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    Realmo Value Estimation

    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.

    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.

    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
    505 Richmond Ave Point Pleasant Beach, NJ 08742
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