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    OFF-MARKET
    Office Spaces

    2345 New Jersey 34, Manasquan, NJ 08736

    17,640 SF 2.76 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a meticulously planned medical office building site in Wall Township, Monmouth County, New Jersey. Located at 2345 New Jersey 34, this 2.76-acre property boasts Planning Board approval for a two-story, ±17,640 square foot medical office building, with ±8,820 square feet per floor. A one-story, ±8,820 square foot option is also available, providing flexibility for various development scenarios. The property features ample parking with 122 spaces, catering to both patients and staff. An approved elevator ensures accessibility for all. The building design includes ±8,820 square feet of basement storage, adding significant utility. The property is zoned OB-40, reflecting its suitability for medical use. High visibility is ensured by its location on a major thoroughfare with a documented traffic count of 37,524 vehicles per day (2017 data). Detailed site plans and architectural drawings are available for review. The asking price for this turnkey development opportunity is $1,400,000. This property offers a rare combination of approved plans, ample space, convenient location, and significant parking, making it an ideal investment for healthcare providers or developers seeking a high-return opportunity in a thriving New Jersey market. The property's zip code is 08736.

    Property profile
    Verified
    Property type Office Spaces
    Total area 17,640 SF
    Lot 2.76 ac (120,226 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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