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Second-Floor Office Suite
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810 Asbury Ave, Ocean City, NJ 08226

Flexible commercial suite with central air, forced-air heat, and access to lot and street parking.

Property Size1,100 SF
Price / SF$1.64
Days on Market48

Property Features for 810 Asbury Ave

General Information

Standard status Active
Size 1,100 SF

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Floor 2
Listing Agency: BHHS FOX and ROACH-Northfield
Listed By: BRYAN BAEHRLE · License #1644942
Source: Bernadetteaugello
Added: Sep 5 Changed: Oct 2 Last Checked: Oct 7 at 2:42PM

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 BHHS FOX and ROACH-Northfield

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Investment Insights

Based on property information with market context.

Suite 205 provides approximately 1,100 SF of second-floor office space with a flexible layout for professional offices, creative studios, wellness practitioners, and other compatible commercial uses. Building systems include central air, forced-air heat, public water, and public sewer.

The suite is located at 810 Asbury Ave along Ocean City’s Asbury Avenue corridor, within the downtown business district. Parking access includes both a lot and street parking, while surrounding established businesses add to the active commercial setting.

Key Highlights

  • ±1,100 SF second‑floor office suite
  • Suite 205 at 810 Asbury Ave, Ocean City, NJ 08226
  • Central air and forced‑air heat

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,992
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,840 $359.8K
Cap Rate 7%
$257,029 $257.0K
Cap Rate 9%
$199,911 $199.9K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$30.8K $27.96/SF
− Vacancy
−$6.8K −$6.15/SF
EGI
$24.0K $21.81/SF
− OpEx
−$6.0K −$5.45/SF
NOI
$18.0K $16.36/SF
Area
Cape May County, NJ
Vacancy
22.00%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,840
Cap Rate 7%
$257,029
Cap Rate 9%
$199,911

Alternative Uses

Best Use
Office B
$257.0K
$224.9K – $299.9K (±1% cap)
NOI $17,992 @ 7.0% cap · market cap 999.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.7K
$294.6K – $392.8K (±1% cap)
NOI $23,570 @ 7.0% cap · market cap 1,309.44%
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

Stainton's Shopping Center & Mall Daniel R. Myers ... Photography Service DingDog (Bike/Boat/Book/etc) Store Cup O Code ... Advertising Agency Bully Bows (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Garden Center Big Box & Wholesale Store Home Appliance Store Veterinary Clinic

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

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,627
Businesses Nearby

Demographics for 08226, NJ

11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible commercial suite with central air, forced-air heat, and access to lot and street parking.
Where is this office unit located?
The property is located at 810 Asbury Ave Ocean City, NJ.
What are key features of this property?
This property features: ±1,100 SF second‑floor office suite; Suite 205 at 810 Asbury Ave, Ocean City, NJ 08226; Central air and forced‑air heat
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