Four-Office
For Sale
Contact for pricing
500 N US Highway 9 Second floor west, Lanoka Harbor, NJ 08734
The suite includes an ensuite lavatory and elevator access, with a rear ramp serving the elevator.
Property Size1,000 SF
Price / SF$1.50
Days on Market20
Property Features for 500 N US Highway 9 Second floor west
General Information
Standard status
Active
Size
1,000 SF
Elevators
Yes
Property subtype
Office
Additional Details
Condition
Built-Out
Property Use
Office
Listing Agency:
RE/MAX at Barnegat Bay
Listed By:
Alan Seeland · License #9591828
(732) 473-1700
Source:
Defelicerealtygroup
Added: Oct 14
Changed: Oct 31
Last Checked: Oct 31 at 2:20PM
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 RE/MAX at Barnegat Bay
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot office suite on the second floor has four private offices and a shared central area that can serve as a waiting room or conference room. An ensuite lavatory is part of the buildout. Elevator access is available, with a ramp at the rear of the building leading to the elevator.
Key Highlights
- Four private offices within a 1,000‑square‑foot suite
- Central shared area configured for waiting or conference use
- Ensuite lavatory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,300
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,000
$306.0K
Cap Rate 7%
$218,571
$218.6K
Cap Rate 9%
$170,000
$170.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$30.0K $30.00/SF
− Vacancy
−$9.6K −$9.60/SF
EGI
$20.4K $20.40/SF
− OpEx
−$5.1K −$5.10/SF
NOI
$15.3K $15.30/SF
Area
Ocean 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%
$306,000
Cap Rate 7%
$218,571
Cap Rate 9%
$170,000
Alternative Uses
Best Use
Office B
$218.6K
$191.3K – $255.0K
NOI $15,300 @ 7.0% cap · market cap 1,020.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 1,218.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 08734, NJ
7,702
Population
3,028
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
1,510
Density / Sq Mi
$121,033
Median Household Income
$52,534
Median Earnings
$1,504
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes an ensuite lavatory and elevator access, with a rear ramp serving the elevator.
Where is this office unit located?
The property is located at 500 N US Highway 9 Second floor west Lanoka Harbor, NJ.
What are key features of this property?
This property features: Four private offices within a 1,000‑square‑foot suite; Central shared area configured for waiting or conference use; Ensuite lavatory
