Medical Office Suite with Renovated
For Sale
$289,000
213 Lacey Road, Forked River, NJ 08731
Office suite on high-traffic Lacey Road with updated laminate flooring, reception, and a recently renovated bathroom.
Property Size792 SF
Price / SF$364.90
Days on Market163
Property Features for 213 Lacey Road
General Information
Standard status
Active
Size
792 SF
Property subtype
General Commercial
Building Details
Year Built
1950
Listing Agency:
Crossroads Realty, Inc.
(732) 244-4900
Listed By:
Lori Woytanowski
(732) 244-4900
Source:
Xome
Added: Feb 22
Changed: Jul 10
Last Checked: Jun 15 at 6:04AM
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 Crossroads Realty, Inc.
Investment Insights
Based on property information with market context.
This for-sale office suite is configured for professional use and includes modern laminate flooring, a welcoming reception area, and a spacious conference room or private office. The unit also features a recently renovated bathroom and is offered in as-is condition. Prospective uses must be approved by Lacey Township, and buyers are responsible for conducting their own due diligence.
Located at 213 Lacey Road in Forked River, the property benefits from visibility and accessibility along a high-traffic roadway. The improved interior layout supports a client-facing workflow, with dedicated space for reception and meetings or private office use.
Suitable for buyers seeking a streamlined professional setting, the suite’s combination of reception, meeting/private office space, and renovated restroom can fit a range of service-oriented businesses. Any use beyond the listed professional categories will require approval by Lacey Township. As presented, the property offers a practical footprint for establishing or relocating an office without relying on build-out promises, given the as-is sale terms.
Located at 213 Lacey Road in Forked River, the property benefits from visibility and accessibility along a high-traffic roadway. The improved interior layout supports a client-facing workflow, with dedicated space for reception and meetings or private office use.
Suitable for buyers seeking a streamlined professional setting, the suite’s combination of reception, meeting/private office space, and renovated restroom can fit a range of service-oriented businesses. Any use beyond the listed professional categories will require approval by Lacey Township. As presented, the property offers a practical footprint for establishing or relocating an office without relying on build-out promises, given the as-is sale terms.
Key Highlights
- Office suite on high‑traffic Lacey Road in Forked River
- Updated laminate flooring throughout the office space
- Reception area plus a spacious conference room or private office
Financial Insights For Office B
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 | $23.8k | $30.00 |
| − Vacancy | −$7.6k | −$9.60 |
| EGI | $16.2k | $20.40 |
| − OpEx | −$4.0k | −$5.10 |
| NOI | $12.1k | $15.30 |
792 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$173.1K
$151.5K – $202.0K
NOI $12,118 @ 7.0% cap · market cap 4.19%
Second Best
Healthcare Medical
$168.5K
$147.4K – $196.6K
NOI $11,793 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$206.8K
$181.0K – $241.3K
NOI $14,476 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08731, NJ
20,953
Population
9,663
Households
2.2
Avg Household Size
45
Median Age
32%
College-Educated
94%
High-School Grad
78.1 sq mi
ZIP Area
268
Density / Sq Mi
$93,267
Median Household Income
$45,345
Median Earnings
$2,080
Median Rent
$360,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office suite on high-traffic Lacey Road with updated laminate flooring, reception, and a recently renovated bathroom.
Where is this medical office space located?
The property is located at 213 Lacey Road Forked River, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Office suite on high‑traffic Lacey Road in Forked River; Updated laminate flooring throughout the office space; Reception area plus a spacious conference room or private office
