401 New Rd Linwood, NJ 08221
- Office buildings
- 2.07 lot acres
Current Use by Public Records
- Office buildings
Property Details for 401 New Rd
- Year built
- 1990
- Construction
- BRICK
- Lot size
- 2.07 lot acres
- Zone code
- BUS
- Property type
- Office buildings
- APN
- 14 00149-0000-00004- 03
- APU
- 140014900000000403
Description
This exceptional Class A office building, located at 401 New Road in Linwood, NJ, offers 20,300 square feet of high-end, custom-designed space. The building boasts a striking architectural design with custom brick and prominent windows, ensuring high visibility and brand recognition in a high-traffic area. Currently, the property enjoys nearly full occupancy with a diverse mix of established, long-term tenants, including reputable medical practices and professional offices, providing consistent revenue streams and minimizing turnover risk. The single small vacancy presents an opportunity for additional income or owner-occupancy. Premium amenities include comfortable lobbies, well-appointed conference rooms, and ample parking. High-quality finishes throughout create a sophisticated and well-maintained environment appealing to high-end professional tenants. This property represents a smart investment opportunity, offering both capital appreciation potential and strong rental stability, making it ideal for investors or owner-occupiers seeking a prestigious, low-maintenance asset with exceptional visibility. The asking price is $4,750,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $745,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $685,000
- 6.5%
- $770,000
- 7%
- $710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $865,000
- Geo Method
- $840,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $830,000
- Retail
- $710,000
- Mixed-Use
- $695,000
- Hospitality
- $755,000
- Educational
- $680,000
- Residential Income
- $750,000
- Energy
- $790,000
- Income-Based Land
- $895,000
- Food Service
- $715,000
Location Insight
- Map
- Local Demand
- City
- Linwood
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.5712
- Latitude
- 39.3575
- CBSA code
- 12100
- CBSA name
- ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA