Automotive Shop with Retail
For Sale
$899,990
210 Chambersbridge Road, Brick, NJ 08723
Commercial property combines customer-facing retail space with rear service bays and dedicated off-street parking.
Property Size1,900 SF
Price / SF$473.68
Days on Market14
Property Features for 210 Chambersbridge Road
General Information
Standard status
Active
Size
1,900 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$6,006
Amenities
Concrete
3
Shingle
Parking.
6 Parking Spaces. Off Street.
Level
80 x 140
Auto Bay. Level.
Building Details
Year Built
1957
Listing Agency:
C21/ Solid Gold Realty
(732) 531-7772
Listed By:
Annette Morano · License #0679715
(732) 531-7772
Source:
Xome
Added: Aug 8
Changed: Aug 20
Last Checked: Aug 21 at 4:19AM
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 C21/ Solid Gold Realty
Investment Insights
Based on property information with market context.
This 1,900-square-foot commercial property combines a customer-facing retail storefront with two oversized commercial garage bays at the rear. The layout provides separate areas for retail activity, vehicle service, workspace, and storage. A vehicle lift is included, and the building offers handicap accessibility. Constructed in 1957, the property also includes concrete interior features and a level auto-bay area.
The property is located at 210 Chambersbridge Road in Brick, New Jersey, along a heavily traveled commercial corridor. Six dedicated off-street parking spaces serve the building, while the storefront and rear bays support automotive services, specialty retail, contractors, service professionals, and other permitted commercial uses subject to township approvals.
The property is located at 210 Chambersbridge Road in Brick, New Jersey, along a heavily traveled commercial corridor. Six dedicated off-street parking spaces serve the building, while the storefront and rear bays support automotive services, specialty retail, contractors, service professionals, and other permitted commercial uses subject to township approvals.
Key Highlights
- 1,900 SF commercial property with retail storefront and two oversized rear garage bays
- Vehicle lift included for automotive service operations
- Six dedicated off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,119
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$542,380
$542.4K
Cap Rate 7%
$387,414
$387.4K
Cap Rate 9%
$301,322
$301.3K
Market Conditions
NOI Build-Up for 1,900 SF
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.
Gross rent
$41.0K $21.60/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$38.7K $20.39/SF
− OpEx
−$11.6K −$6.12/SF
NOI
$27.1K $14.27/SF
Area
Ocean County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$542,380
Cap Rate 7%
$387,414
Cap Rate 9%
$301,322
Alternative Uses
Best Use
Retail
$387.4K
$339.0K – $452.0K
NOI $27,119 @ 7.0% cap · market cap 3.01%
Second Best
Industrial
$304.7K
$266.6K – $355.4K
NOI $21,326 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$496.1K
$434.1K – $578.8K
NOI $34,729 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
321k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 34%
Apparel 27%
Dining 16%
Shops & Services 14%
ShopRite
Groceries
108,927 visits/mo
0.3 miles
Marshalls
Apparel
44,061 visits/mo
0.5 miles
Kohl's
Apparel
42,232 visits/mo
0.4 miles
McDonald's
Dining
39,987 visits/mo
0.4 miles
Five Below
Shops & Services
31,983 visits/mo
0.4 miles
Demographics for 08723, NJ
31,272
Population
14,075
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,606
Density / Sq Mi
$103,953
Median Household Income
$54,165
Median Earnings
$1,652
Median Rent
$374,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Mr.Tire — 1059 cedarbridge ave, brick township, nj 08723
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- Mr Good Lube — 1045 Cedar Bridge Ave #4048, Brick Township, NJ 08723
- Mr. Tire Auto Service Centers — 1059 Cedar Bridge Ave, Brick Township, NJ 08723
- Firestone Complete Auto Care — 629 Brick Blvd, Brick Township, NJ 08723
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property combines customer-facing retail space with rear service bays and dedicated off-street parking.
Where is this auto shop located?
The property is located at 210 Chambersbridge Road Brick, NJ.
What is the asking price?
The asking price for this property is $899,990.
What are key features of this property?
This property features: 1,900 SF commercial property with retail storefront and two oversized rear garage bays; Vehicle lift included for automotive service operations; Six dedicated off‑street parking spaces
