2345 New Jersey 34, Manasquan, NJ 08736
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.