Medical Office Suite with
508 Lakehurst Road #201 Toms River, NJ 08755
508 Lakehurst Road #201, Toms River, NJ, 08755
$599,900
For Sale
$599,900
Medical office suite with multiple exam and office rooms, plus a full basement with rear exterior access.
Property Size2,500 SF
Price / SF$239.96
Days on Market11
Property Features for 508 Lakehurst Road #201
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2005
Listing Agency
RE/MAX GATEWAY
(732) 695-1600
Listed by
ROBERT N LANGE · License #1329516
Source
Corcoran
Added: Jul 7 Checked: Jul 17 at 3:17 am
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 GATEWAY
Investment Insights
Based on property information with market context.
This medical office suite is located within Winding River Medical Park and was most recently used as a doctor’s office. The interior includes seven exam rooms, two private offices, a reception staff office area, a reception area, and a waiting room. Additional features include two bathrooms, a staff break room, storage closets, and a full basement that provides rear exterior access for added flexibility and storage.
The property is positioned in the Toms River area with Community Medical Center in close proximity, and it is part of a newer complex with plenty of parking and established surrounding businesses.
The space is well-suited for a practice requiring dedicated exam rooms and patient-facing waiting and reception areas, supported by back-of-house storage and basement access.
The property is positioned in the Toms River area with Community Medical Center in close proximity, and it is part of a newer complex with plenty of parking and established surrounding businesses.
The space is well-suited for a practice requiring dedicated exam rooms and patient-facing waiting and reception areas, supported by back-of-house storage and basement access.
Key Highlights
- Year built 2005 medical office suite in Winding River Medical Park (Toms River)
- Includes 7 exam rooms, 2 private offices, reception staff office area, reception area, and waiting room
- Two bathrooms plus staff break room and storage closets
Local 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 | $75.0k | $30.00 |
| − Vacancy | −$24.0k | −$9.60 |
| EGI | $51.0k | $20.40 |
| − OpEx | −$12.8k | −$5.10 |
| NOI | $38.3k | $15.30 |
2,500 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$546.4K
$478.1K – $637.5K
NOI $38,250 @ 7.0% cap · market cap 6.38%
Second Best
Healthcare Medical
$531.8K
$465.3K – $620.4K
NOI $37,224 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$652.8K
$571.2K – $761.6K
NOI $45,696 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
vinay sikand
Physician
Dover Dental Center
Dental Office
Depalma John DO
Physician
Dover Pulmonologists
Medical Clinic
Dr. Sadia Ghafoor, ...
Physician
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FAQs
What type of property is this?
Medical Office Space - Medical office suite with multiple exam and office rooms, plus a full basement with rear exterior access.
Where is this medical office space located?
The property is located at 508 Lakehurst Road #201 Toms River, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Year built 2005 medical office suite in Winding River Medical Park (Toms River); Includes 7 exam rooms, 2 private offices, reception staff office area, reception area, and waiting room; Two bathrooms plus staff break room and storage closets
