14 Cherry Tree Farm Rd Middletown Township, NJ 07748
- Medical offices
- 2,267 SF
- 0.34 lot acres
Current Use by Public Records
- Medical offices
Property Details for 14 Cherry Tree Farm Rd
- Year built
- 1958
- Lot size
- 0.34 lot acres
- Property size
- 2,267 SF
- Property type
- Medical offices
Description
This exceptional 2,267 square foot medical office building, located at 14 Cherry Tree Farm Road in Middletown Township, Monmouth County, New Jersey, presents a compelling investment opportunity. The property, built in 1958, is a Class B, two-story building currently operating at 100% occupancy as a single-tenant facility. Situated on a 0.34-acre lot zoned R-O, it offers ample parking with ten spaces currently available, and additional space in the rear for potential expansion. The asking price is $745,000, translating to a price per square foot of $328.63. Its convenient location provides easy access to Route 35 and the Garden State Parkway, ensuring high visibility and accessibility for patients and staff. The property's strong occupancy rate and prime location in a thriving area make it an attractive investment for those seeking a stable, high-return medical office asset. The building's existing infrastructure provides a solid foundation for continued success, while the additional parking space offers potential for future growth and expansion. This is a rare opportunity to acquire a well-maintained, fully occupied medical office building in a desirable New Jersey location. The zip code is 07748.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown Township
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1053352
- Latitude
- 40.4124223
