Building Details

Additional Structures Residence

Listing Agency: Keller Williams Realty Monmouth/Ocean a***@verizon.net

Listed By: Mohamed Bassyouni · License #1859124 Show Phone

Added: Feb 18 Changed: Sep 3 Last Checked: Nov 6 at 2:06PM

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MLS# 22604531

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.

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Investment Insights

Based on property information with market context.

This mixed-use property combines retail, storage, residential, warehouse, and outdoor commercial components within a 2.27-acre assemblage. Improvements include a 1,500-square-foot retail area, a two-bedroom apartment above, a 2,000-square-foot warehouse or garage, and a fenced commercial yard. The property also includes a six-bedroom house requiring renovation and is offered in its existing condition.

Located along Route 9 in Little Egg Harbor, the package includes the addresses 545, 565, and 585 Route 9S. The site is in the General Business (GB) zone, with 32 permitted uses and 13 conditional uses identified in the zoning materials. Nearby businesses include Super Walmart, Tractor Supply, Rite Aid, and McDonald’s. Buyer due diligence with the township is required.

Key Highlights

• 2.27‑acre mixed‑use property in Little Egg Harbor
• General Business (GB) zoning with 32 permitted uses and 13 conditional uses
• 1,500‑square‑foot retail area with a two‑bedroom apartment above

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$53,453

Cap Rate

4.45%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,069,060 $1.1M

Cap Rate 7%

$763,614 $763.6K

Cap Rate 9%

$593,922 $593.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,745 SF

Gross rent

$80.9K $21.60/SF

− Vacancy

−$4.5K −$1.21/SF

EGI

$76.4K $20.39/SF

− OpEx

−$22.9K −$6.12/SF

NOI

$53.5K $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 Rate 5%

$1,069,060

Cap Rate 7%

$763,614

Cap Rate 9%

$593,922

Alternative Uses

Best Use

Retail

$763.6K

$668.2K – $890.9K (±1% cap)

NOI $53,453 @ 7.0% cap · market cap 4.45%

Second Best

Warehouse

$729.2K

$638.0K – $850.7K (±1% cap)

NOI $51,042 @ 7.0% cap · market cap 4.25%

Theoretical Best

Office A

$977.9K

$855.7K – $1.14M (±1% cap)

NOI $68,453 @ 7.0% cap · market cap 5.70%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Auto Parts Store Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

212

Businesses Nearby

Explore this area Business Placement

Demographics for 08087, NJ

25,191

Population

12,982

Households

1.9

Avg Household Size

49

Median Age

28%

College-Educated

94%

High-School Grad

70.1 sq mi

ZIP Area

359

Density / Sq Mi

$87,449

Median Household Income

$47,779

Median Earnings

$1,760

Median Rent

$323,500

Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Ocean County, NJ

$450 Jul

$356 Aug

$409 Sep

$422 Oct

Properties on Market for Mixed-use properties in Ocean County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - General Business zoning supports a mix of retail, warehouse, residential, and other commercial uses.

Where is this mixed-use property located?

The property is located at 585 Route 9 Little Egg Harbor, NJ.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 2.27‑acre mixed‑use property in Little Egg Harbor; General Business (GB) zoning with 32 permitted uses and 13 conditional uses; 1,500‑square‑foot retail area with a two‑bedroom apartment above