2225 Nj-88 Brick Township, NJ 08724
- Land
- 1.73 lot acres
Current Use by Public Records
- Land
Property Details for 2225 Nj-88
- Lot size
- 1.73 lot acres
- Property type
- Land
Description
This exceptional 1.73-acre commercial land parcel, located at 2225 NJ-88 in Brick Township, Ocean County, New Jersey (zip code 08724), presents a unique investment opportunity. The property, identified as Block 1026, Lot 20, boasts full zoning and planning board approvals for the construction of an approximately 81,375-square-foot, three-story self-storage facility. This pre-approved project offers a significant advantage, eliminating lengthy permitting processes and allowing for immediate development. The site's 27,125-square-foot footprint is strategically positioned within a thriving market. With a current supply of only 5.4 net rentable square feet per capita, this location demonstrates strong demand for additional self-storage options. The substantial population of approximately 80,000 people within a three-mile radius ensures a robust customer base. Further enhancing the investment potential is the average rent of $2.42 per square foot for a 10x10 climate-controlled unit, indicating a promising return on investment. This turnkey opportunity is ideal for developers seeking a fast-track project with significant upside potential in a high-demand market. Don't miss this chance to acquire a fully approved site ready for immediate development.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brick Township
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.0936
- Latitude
- 40.0779