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Office Unit with Lakefront Common Area
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C1-100 Lakeview Dr, Jamesburg, NJ

Accessible entry and nearby parking support office or medical use.

Property Size800 SF
Price / SF$2.75
Days on Market59

Property Features for C1-100 Lakeview Dr

General Information

Standard status Active
Size 800 SF

Taxes and HOA fees

Annual Taxes $16,933
Listing Agency: CENTURY 21 BURKE REALTY
Listed By: JOHN H. BURKE · License #3522589
Source: Exprealty
Added: Aug 19 Changed: Oct 11 Last Checked: Oct 15 at 3:16AM

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 CENTURY 21 BURKE REALTY

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit offers a bright, clean setting with access to a shared area overlooking the lakefront. Entry ramps accommodate handicapped access and support potential medical use.

The property is located beside Thompson Park and the downtown business district in Jamesburg, New Jersey. Parking is available in the surrounding private area.

Key Highlights

  • Common area overlooks the lakefront
  • Handicapped entry ramps support accessible access
  • Suitable for office or medical use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,912
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,240 $238.2K
Cap Rate 7%
$170,171 $170.2K
Cap Rate 9%
$132,356 $132.4K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$21.1K $26.40/SF
− Vacancy
−$1.3K −$1.58/SF
EGI
$19.9K $24.82/SF
− OpEx
−$7.9K −$9.93/SF
NOI
$11.9K $14.89/SF
Area
Middlesex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,240
Cap Rate 7%
$170,171
Cap Rate 9%
$132,356

Alternative Uses

Best Use
Office B
$174.9K
$153.0K – $204.0K (±1% cap)
NOI $12,240 @ 7.0% cap · market cap 556.36%
Second Best
Healthcare Medical
$170.2K
$148.9K – $198.5K (±1% cap)
NOI $11,912 @ 7.0% cap · market cap 541.45%
Theoretical Best
Office A
$208.9K
$182.8K – $243.7K (±1% cap)
NOI $14,623 @ 7.0% cap · market cap 664.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Storage Facility Parking Lot & Garage Real Estate Agency Bakery

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

557
Businesses Nearby

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 units - Accessible entry and nearby parking support office or medical use.
Where is this office units located?
The property is located at C1-100 Lakeview Dr Jamesburg, NJ.
What are key features of this property?
This property features: Common area overlooks the lakefront; Handicapped entry ramps support accessible access; Suitable for office or medical use
More about this property
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