1240 Hooper Ave Toms River, NJ 08753
- Commercial real estate
- 7,096 SF
- 5.51 lot acres
Current Use by Public Records
- Steals & Deals / Beauty Supply Store / Clothing Store
Property Details for 1240 Hooper Ave
- Year built
- 1981
- Construction
- CONCRETE BLOCKS
- Lot size
- 5.51 lot acres
- Property size
- 7,096 SF
- Zone code
- RC
- Property type
- Commercial real estate
- APN
- 08 00573-0000-00002- 02
- APU
- 80057300000000202
Description
This exceptional freestanding retail or restaurant property, located at 1240 Hooper Avenue in Toms River, New Jersey, presents a unique opportunity for businesses seeking high visibility and ample space. The property boasts a total of 3,331 square feet, currently entirely vacant and ready for immediate occupancy. The building is situated on a 0.264-acre lot, providing excellent parking and accessibility for customers. Its classification as a pad site offers significant advantages, including high traffic visibility and convenient access. The property's "Commercial, Freestanding, Pad Site" subtype makes it ideal for a variety of retail or restaurant concepts. The location in Ocean County, New Jersey, within the thriving community of Toms River (zip code 08753), ensures a strong customer base. The entire 3,331 square feet is available for lease, offering a blank canvas for a new business to establish its presence. This is a rare opportunity to secure a prime retail space in a desirable location with excellent visibility and ample parking. The property is ready for immediate occupancy, allowing for a swift and efficient business launch. Contact us today to learn more about this exceptional leasing opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,725,000
- 6.5%
- $5,870,000
- 7%
- $6,225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,395,000
- Geo Method
- $7,415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,855,000
- Retail
- $7,935,000
- Mixed-Use
- $7,605,000
- Hospitality
- $6,725,000
- Educational
- $6,515,000
- Residential Income
- $5,850,000
- Energy
- $6,665,000
- Income-Based Land
- $7,120,000
- Food Service
- $5,870,000
Location Insight
- Map
- Local Demand
- City
- Toms River
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.1821
- Latitude
- 39.9829
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
