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Property profile & analytics
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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