Retail Space in MSCS
For Sale
Contact for pricing
805 4th Avenue #2W, Asbury Park, NJ 07712
Vacant commercial space offers flexibility for general retail, office, or art gallery use.
Property Size455 SF
Price / SF$3.52
Days on Market217
Property Features for 805 4th Avenue #2W
General Information
Standard status
Active
Size
455 SF
Property subtype
Commercial
Zoning
MSCS
Building Details
Year Built
1929
Listing Agency:
Jersey Shore Real Estate Group Associates LLC
Listed By:
Joann Yagoda · License #7874129
(732) 776-6800
Source:
Defelicerealtygroup
Added: Mar 30
Changed: Oct 31
Last Checked: Oct 31 at 3:31AM
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 Jersey Shore Real Estate Group Associates LLC
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 vacant retail space was built in 1929 and is located within the MSCS zone. The property is identified as 805 4th Avenue #2W in Asbury Park, New Jersey, and also appears as 1201 Main St. in tax records. The space is available for general retail, office, or art gallery use.
Tenants are responsible for gas heat, electricity, and tenant liability insurance. The property is easy to show.
Tenants are responsible for gas heat, electricity, and tenant liability insurance. The property is easy to show.
Key Highlights
- MSCS zone
- Permitted uses include general retail, offices, and art galleries
- Built in 1929
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,494
Suggested Prices Based on Cap Rates
Cap Rate 5%
$129,880
$129.9K
Cap Rate 7%
$92,771
$92.8K
Cap Rate 9%
$72,156
$72.2K
Market Conditions
NOI Build-Up for 455 SF
Gross rent
$9.8K $21.60/SF
− Vacancy
−$550 −$1.21/SF
EGI
$9.3K $20.39/SF
− OpEx
−$2.8K −$6.12/SF
NOI
$6.5K $14.27/SF
Area
Monmouth 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%
$129,880
Cap Rate 7%
$92,771
Cap Rate 9%
$72,156
Alternative Uses
Best Use
Retail
$92.8K
$81.2K – $108.2K
NOI $6,494 @ 7.0% cap · market cap 405.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$118.8K
$104.0K – $138.6K
NOI $8,317 @ 7.0% cap · market cap 519.81%
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
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
66k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Groceries 29%
Dining 11%
Electronics 2%
Stop & Shop
Groceries
13,940 visits/mo
0.3 miles
Family Dollar
Shops & Services
9,450 visits/mo
0.3 miles
Chase Bank
Shops & Services
6,983 visits/mo
0.2 miles
Mobil
Shops & Services
6,493 visits/mo
0.4 miles
Speedway
Shops & Services
5,341 visits/mo
0.5 miles
Demographics for 07712, NJ
39,397
Population
19,321
Households
2
Avg Household Size
42
Median Age
49%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,229
Density / Sq Mi
$95,691
Median Household Income
$51,924
Median Earnings
$1,496
Median Rent
$578,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Vacant commercial space offers flexibility for general retail, office, or art gallery use.
Where is this retail space located?
The property is located at 805 4th Avenue #2W Asbury Park, NJ.
What are key features of this property?
This property features: MSCS zone; Permitted uses include general retail, offices, and art galleries; Built in 1929
