0 Mathistown Rd & Ctr St Little Egg Harbor Township, NJ 08087
This exceptional 3-acre commercial land parcel, located at the intersection of Mathistown Road and Center Street in Little Egg Harbor Township, Ocean County, New Jersey (zip code 08087), presents a unique investment opportunity. The property is fully approved for the construction of a 15,000 square foot retail or medical building, complete with a 64-car parking lot and two drive-thru lanes. Its ideal location offers high visibility and accessibility, making it suitable for a variety of uses, including retail stores, restaurants, a small strip center, or a medical office building. Additionally, the site presents potential for a car wash or fitness center. The area boasts strong retail presence, with nearby establishments such as Walgreens, Rite Aid, Super Wawa, and McDonald's. Situated just 4 miles from the Garden State Parkway and 2 miles from Route 9, this property benefits from excellent access to major transportation arteries. Ocean County's rapid growth further enhances the investment potential of this strategically located site. The asking price for this prime commercial land is $875,000. This is a rare opportunity to acquire a fully approved development site in a thriving New Jersey market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.