Somers Point Professional Office Building

SOMERS POINT, NJ 08244 Somers Point, NJ 08244

Claim this Listing
Pending
$595,000

SINGLE_FAMILY - SOMERS POINT, NJ

Property size:
3,000 SF
Lot size:
0.39 Acres
Added:
Feb 19, 2026
Days on Market:
141
Last Refresh:
Jul 10 at 10:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Pending
Size
3,000 SF
Lot size
0.39 Acres

Building Details

Year built
1956

Listing agent Richard Baehrle License #8436462

Listing office BHHS Fox & Roach Northfield NJ

Listing date Feb 19, 2026

MLS# NJAC2023032

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This professional office building is located along Shore Road in Somers Point. It is suitable for owner-operators or investors seeking a visible, service-oriented location near Shore Medical Center. The layout supports efficient daily operations with flexibility for private offices, collaborative areas, or client-facing functions. The property has frontage along a well-traveled corridor, enhancing brand exposure. Its proximity to surrounding neighborhoods, medical services, and complementary professional uses supports consistent demand. Convenient access to regional routes provides connectivity throughout Cape May County and a short trip to Ocean City, reinforcing long-term location stability, usability, and investment appeal. The lot size is 0.39 acres and the property size is 3000 square feet.

Key Highlights

  • Visible location on Shore Road, ideal for service‑oriented businesses.
  • Proximity to Shore Medical Center and surrounding neighborhoods.
  • Flexible layout suitable for various office configurations.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $80.3k $26.76
− Vacancy −$21.7k −$7.23
EGI $58.6k $19.53
− OpEx −$14.7k −$4.88
NOI $44.0k $14.65
3,000 SF · lease $26.76/SF/yr · vacancy 27.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$627.9K
$549.4K – $732.6K (±1% cap)
NOI $43,953 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.12M
$977.5K – $1.30M (±1% cap)
NOI $78,203 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Visible office building near Shore Medical Center in Somers Point.
Where is this office building located?
The property is located at Somers Point, NJ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Visible location on Shore Road, ideal for service‑oriented businesses.; Proximity to Shore Medical Center and surrounding neighborhoods.; Flexible layout suitable for various office configurations.
Contact an agent
More about this property
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