1604 Nj-72 Stafford Township, NJ 08050
This exceptional 0.93-acre commercial land parcel is strategically located on Route 72 in Manahawkin, New Jersey, offering unparalleled visibility and accessibility. Situated between The Learning Experience and a medical building, this property enjoys a high-traffic location with excellent proximity to essential amenities. City water and sewer easements are in place, along with readily available gas and electric services, simplifying development and operational costs. The property's prime location near a hospital, various medical facilities, and retail establishments ensures a robust customer base. Furthermore, its proximity to the Parkway and its position as the main entrance to Manahawkin and the primary access road to Long Beach Island guarantees significant traffic flow. Adding to its appeal, approximately 6,000 single-family homes are located directly behind the property, representing a substantial potential customer pool. The scarcity of available parcels on Route 72 underscores the unique investment opportunity presented by this property. The asking price is $599,900. This is a rare chance to acquire a highly desirable commercial lot in a thriving coastal New Jersey community. The property is located at 1604 NJ-72, Stafford Township, NJ 08050.
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
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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.