429 Lacey RdLacey Township, NJ 08731

  • Other commercial real estate
  • 1.01 AC
For Sale
$1,325,000 View listing

Property Details for 429 Lacey Rd

Year built
1988
Construction
FRAME
Lot size
1.01 AC
Zone code
OC
Property type
Other commercial real estate
APN
13 01447-0000-00028- 02
APU
130144700000002802

Description

This exceptional Lacey Township, NJ medical office space offers 2,268 square feet of immediately available Class A space within a larger 7,850 square foot building at 429 Lacey Rd, 08731. The property, built in 1988 and renovated in 2000, features three buildings across two stories, providing a modern and well-maintained environment. The suite is part of a multi-tenant building with a total of 7,850 square feet and offers flexible space options, with a minimum divisible space of 1,053 square feet and a maximum contiguous space of 2,268 square feet. The property boasts 54 parking spaces for ample client and staff convenience. Located on a high-traffic section of Lacey Rd, this location benefits from significant walk-in traffic and visibility, ensuring strong potential for client acquisition. The property sits on one acre of land and is categorized as Retail, Office, and Restaurant, making it suitable for a variety of medical practices. Annual property taxes are $2.86 per square foot. While elevators are not available, the two-story building offers convenient access. This is an excellent opportunity to establish or expand a medical practice in a thriving commercial area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,339,875
    Hospitality
    $10,387,264
    Educational
    $8,642,082
    Medical
    $8,939,297
    Retail
    $13,443,239
429 Lacey Rd, Lacey Township, New Jersey
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Location Insight

City
Forked River
County
Ocean
State
New Jersey
Latitude
39.8493
Longitude
-74.1984
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,745
$402,500
$602,600
$1,005,100
-
$402,500
$602,600
$1,005,100

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