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    Medical Office Building with Basement Access Title is generated by Realmo AI

    508 Lakehurst Road, Toms River, NJ 08755

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    Claim this Listing
    New
    For Sale
    $599,900

    COMMERCIAL - Toms River, NJ

    Type:Office
    Property size:
    2,500 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $239/SF
    Added:
    Jul 6, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 7 at 12:06 am

    Property Features for 508 Lakehurst Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Rooms
    Basement
    Parking features
    Open, Parking Lot
    Basement
    Full
    Standard status
    Active
    APN
    08-00536-0000-00001-0000-C0201
    Size
    2,500 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    13127

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    2005
    Floors in Building
    1

    We can help!

    Contact an agent
    Robert N Lange

    Listing agent Robert N Lange License #1329516

    Listing office RE/MAX Gateway 501 Grand Ave. Unit L 3, Ocean Grove, NJ

    Listing date Jul 6, 2026

    MLS# 22620444

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Office space in Winding River Medical Park (Toms River) with 7 exam rooms, 2 private offices, reception and waiting areas
    • Includes 2 bathrooms, staff break room, and storage closets
    • Full basement with rear exterior access for additional space and storage
    • Built in 2005; forced air heating; public water and public sewer
    • On‑site parking lot with open parking

    Overview

    This medical office building offers a practical exam and office layout designed for healthcare use. The space includes seven exam rooms, two private offices, a reception staff office area, a reception area, and a waiting room. Operational support is built into the plan with two bathrooms, a staff break room, and storage closets. In addition, the property includes a full basement that provides rear exterior access, supporting added storage or supplemental use.

    Located in Winding River Medical Park in Toms River, the building is positioned among established businesses. The offering is described as having plenty of parking, supporting straightforward patient and staff access.

    Most recently used as a doctor’s office, the interior configuration is well suited for practices that need multiple exam rooms alongside administrative and patient-facing space. Ownership also provides the opportunity to occupy the office at your practice’s pace, with the added benefit of basement space that can accommodate storage or other supporting functions.

    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 (±1% cap)
    NOI $38,250 @ 7.0% cap · market cap 6.38%
    Second Best
    Healthcare Medical
    $531.8K
    $465.3K – $620.4K (±1% cap)
    NOI $37,224 @ 7.0% cap · market cap 6.21%
    Theoretical Best
    Office A
    $652.8K
    $571.2K – $761.6K (±1% cap)
    NOI $45,696 @ 7.0% cap · market cap 7.62%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Real Estate Agency Hair Salon Nail Salon Restaurant Auto Repair Shop Spa & Massage Center Building Supply Department Store Bar & Pub Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.222582
    Latitude
    39.964658

    FAQs

    What type of property is this?
    Office building - Office building in Winding River Medical Park with exam rooms, private offices, and a full basement with rear access.
    Where is this office building located?
    The property is located at 508 Lakehurst Road 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: Office space in Winding River Medical Park (Toms River) with 7 exam rooms, 2 private offices, reception and waiting areas; Includes 2 bathrooms, staff break room, and storage closets; Full basement with rear exterior access for additional space and storage
    More about this property
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