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0 Cor Of Rte 37 & Bimini Dr Toms River, NJ 08755

OFF-MARKET
Retail properties & Spaces
1 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at the highly visible corner of Route 37 and Bimini Drive in Toms River, New Jersey, presents a unique investment opportunity. The 5.1 to 5.9-acre lot is zoned RHB-AH37 within Ocean County and offers significant potential for retail development. Currently, one retail space is available, making it ideal for a single tenant or multiple tenants. The property's strategic location at a major intersection ensures high traffic visibility and accessibility, making it an attractive location for businesses seeking strong exposure. The property type is classified as both retail and land, allowing for flexibility in development plans. Whether you envision developing build-to-suit options or utilizing the existing space, this property offers substantial potential for growth and return on investment. The property's size and zoning provide ample opportunity for a variety of commercial uses. Its location in the thriving Toms River market, with its zip code 08755, ensures a strong customer base. This is a rare chance to acquire a prominent commercial property in a prime location with excellent visibility and growth potential. Serious inquiries are encouraged to explore the possibilities of this exceptional offering. The total building square footage is currently listed as 1 square foot, indicating potential for new construction.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cor Of Rte 37 & Bimini Dr Toms River, NJ 08755
Toms River metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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