1889 Route 9 Toms River, NJ 08755
This exceptional commercial property, located at 1889 Route 9, Unit 29, Toms River, NJ 08755, presents a rare opportunity in the Ocean County Business Park. Boasting 3,600 square feet of flexible space, this property seamlessly blends warehouse and office functionality. The warehouse area encompasses 3,200 square feet, complemented by 400 square feet of office space. Twelve convenient parking spaces are included. The building features a robust infrastructure, including 3-phase electric service and twin 300,000 BTU gas heaters. Recent upgrades include a new double 5/8 fire-rated ceiling and premium LED shop lighting. Access is facilitated by three entrance doors and two new 10x10 overhead garage doors with automatic openers, allowing for efficient drive-through capabilities. The office area includes a glass storefront door, a vestibule, a bathroom, and an open floor plan ready for customization by the new owner. A potential exists to create two 1,800 square foot units, ideal for rental income generation. This prime location offers easy access to the Garden State Parkway, making it an attractive investment opportunity. The property is situated in Ocean County, New Jersey.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.