Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    721 N Beers St, Unit 1B Holmdel, NJ 07733

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,900

    First floor office space with reception, exam rooms, and parking.

    Property size:
    871 SF
    Lot size:
    0.01 Acres

    Property Features for 721 N Beers St

    General Information

    Standard status
    Active
    Size
    871 SF
    Lot size
    0.01 Acres

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    Robert N Lange
    Source: Corcoran

    Listing Agency: RE/MAX GATEWAY Listing Agent: Robert N Lange

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Holmdel First Floor Office Space

    This is a spacious first-floor office featuring a large reception area and waiting room. It includes two exam rooms, a handicap-accessible bathroom, and a large private space with a separate rear entrance intended for staff use. The complex provides ample parking, and the building features a nice, open foyer area. The property size is 871 square feet.
    Location Intelligence

    Current Use by Public Records

    Stephen Hecht, MSW Foster Care Service Demetrios Grossos, DPM Physician Gina Lagnese, DPM Physician Anne M. Cook, ... Physician Olukayode Oladeji Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Holmdel
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.1933082
    Latitude
    40.4057462

    Nearby Similar for Sale

    • $999,000
      3,026 SF

      Holmdel Office Building For Sale

      Recently renovated office building in Holmdel, close to transportation.
      71 Main St, Holmdel, NJ 07733
      View Details
    • $299,900
      871 SF

      Holmdel Office with Exam Rooms

      First-floor office space featuring exam rooms and private staff entrance.
      721 N Beers St, Holmdel, NJ 07733
      View Details
    • $2,885,000
      14.00 Acres

      Holmdel Land with Equestrian Amenities

      14 acres with equestrian facilities, farmhouse, and barns.
      5 Pleasant Valley Rd, Holmdel, NJ 07733
      View Details
    • $1,950,000
      3,970 SF

      Holmdel Restaurant with Drive-Thru

      Restaurant property in Holmdel, New Jersey, featuring three drive-thru lanes.
      670 S Laurel Ave, Holmdel, NJ 07733
      View Details
    • $500,000

      Holmdel Medical Office Investment

      Versatile medical office space in Holmdel, suitable for investors.
      670 And 4, Holmdel, NJ 07733
      View Details
    • $1,875,000

      Holmdel Office Building For Sale

      Two-story office building on almost two acres in Holmdel.
      2135 State Route 35, Holmdel, NJ 07733
      View Details
    • Contact for pricing
      2,200 SF

      Holmdel Restaurant Opportunity For Sale

      Established restaurant in prime Holmdel location with high visibility.
      487 Middle Rd, Holmdel, NJ 07733
      View Details
    • Contact for pricing
      1,876 SF

      Holmdel Retail Property For Sale

      Retail property with drive-thru, located on a highly visible corner.
      44 Rte, Holmdel, NJ
      View Details
    • $500,000
      1,193 SF

      Holmdel Medical Office Investment

      2,400 SF medical office space for sale in Holmdel.
      670 Beers St #2, Holmdel, NJ 07733
      View Details
    • $375,000
      2.16 Acres

      High-Visibility Holmdel Commercial Lot

      Highway 35 frontage, 1.5 acres usable land.
      2121 Hwy, Holmdel, NJ 07733
      View Details
    • $2,885,000

      Equestrian Property with Riding Rink

      14-acre equestrian property featuring a regulation-size riding rink.
      5 Pleasant Valley Rd, Holmdel, NJ 07733
      View Details
    • $375,000

      High-Visibility Holmdel Commercial Lot

      Highway 35 frontage, 1.5 acres, great potential.
      35 Hwy, Holmdel, NJ 07733
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - First floor office space with reception, exam rooms, and parking.
    Where is this medical office space located?
    The property is located at 721 N Beers St, Unit 1B Holmdel, NJ.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Spacious first floor office layout.; - Large reception area and waiting room.; - Two exam rooms.
    (732) 695-1600
    Request Owner's contact information
    721 N Beers St, Unit 1B Holmdel, NJ 07733
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    721 N Beers St, Unit 1B
    Holmdel, NJ 07733
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    721 N Beers St, Unit 1B Holmdel, NJ 07733
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Robert N Lange
    Real Estate License ID: 1329516
    (732) 695-1600 (732) 300-4307 (609) 693-5002
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!