Dental Office with Examining
For Sale
$475,000
Pending
82 W Main Street, Freehold, NJ 07728
Dental office featuring five private examining rooms for sale.
Property Size1,561 SF
Lot Size0.26 Acres
Days on Market1186
Property Features for 82 W Main Street
General Information
Standard status
Pending
Size
1,561 SF
Lot size
0.26 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,054
Amenities
Central air
Baseboard Heating
Central Air Cooling
Linoleum Flooring
Off Street
On Site
On Street
Paver Block
Sidewalks
Building Details
Year Built
1950
Listing Agency:
RE/MAX INNOVATION
(732) 298-6006
Listed By:
ALZIRA FARINHAS · License #9913826
(732) 794-8195
Source:
Corcoran
Added: Jul 27, 2023
Changed: Oct 23
Last Checked: Oct 23 at 4:30AM
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 RE/MAX INNOVATION
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Investment Insights
Based on property information with market context.
This commercial property is available for sale or for rent and is currently configured as a dental office. The layout includes a reception room, a waiting room, and five private examining rooms, each equipped with its own sink. Additionally, the property features two kitchens, an X-ray room, an oxygen room, and a private office with a private half bath. There are also three half baths located outside of the private office. A trap door provides access to the basement. Parking is available for 10 or more vehicles. The property is subject to a Triple Net Lease, with a monthly rent of $2900 plus all utilities and taxes. Egress and ingress to the parking lot are shared with 84 W Main. The property size is 1561 square feet. The seller is willing to hold a Note.
Key Highlights
- Equipped Dental Office: Includes reception, waiting room, 5 examining rooms with sinks, X‑Ray room, and oxygen room.
- Ample Parking: Parking available for 10+ vehicles.
- Multiple Kitchens: Features 2 kitchens.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,883
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,660
$477.7K
Cap Rate 7%
$341,186
$341.2K
Cap Rate 9%
$265,367
$265.4K
Market Conditions
NOI Build-Up for 1,561 SF
Gross rent
$46.8K $30.00/SF
− Vacancy
−$15.0K −$9.60/SF
EGI
$31.8K $20.40/SF
− OpEx
−$8.0K −$5.10/SF
NOI
$23.9K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,660
Cap Rate 7%
$341,186
Cap Rate 9%
$265,367
Alternative Uses
Best Use
Office B
$341.2K
$298.5K – $398.1K
NOI $23,883 @ 7.0% cap · market cap 5.03%
Second Best
Healthcare Medical
$332.0K
$290.5K – $387.4K
NOI $23,243 @ 7.0% cap · market cap 4.89%
Theoretical Best
Office A
$407.6K
$356.7K – $475.6K
NOI $28,533 @ 7.0% cap · market cap 6.01%
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
1,309
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07728, NJ
56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Dental office featuring five private examining rooms for sale.
Where is this medical office space located?
The property is located at 82 W Main Street Freehold, NJ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Equipped Dental Office: Includes reception, waiting room, **5 examining rooms with sinks, X‑Ray room, and oxygen room.**; Ample Parking: Parking available for 10+ vehicles.; Multiple Kitchens: Features 2 kitchens.
