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Property profile & analytics
OFF-MARKET
Commercial real estate

111 Lakeside Dr Tuckerton, NJ 08087-2209

1,956 SF 0.63 ac lot
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US59-1485012
Property summary
AI-generated overview

This exceptional .63-acre commercial property in Tuckerton, NJ, presents a unique investment opportunity. Located on the highly visible corner of Route 9 and Lakeside Drive, this property boasts 1,956 square feet of existing building space currently leased as a restaurant (business not included in sale). Ample parking is available, catering to the needs of any business. The property's prime location offers excellent visibility and accessibility, situated near regional shopping centers, popular restaurants, and just minutes from the beach. The bustling neighborhood atmosphere is further enhanced by its proximity to Tip Seaman Park, ensuring high foot traffic and visibility. Zoned for commercial use, this property is suitable for a wide range of businesses. The existing building is included in the sale, providing immediate potential for income generation or redevelopment. This high-demand location offers significant advantages for investors seeking a strong return on investment. Don't miss this chance to acquire a property in a thriving commercial area with exceptional visibility and accessibility. The sale includes the land and building only

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 1,956 SF
Lot 0.63 ac (27,617 SF)
Zoning code B1
APN 33 00013-0000-00028- 05
UPID US59-1485012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Asian Wok Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stanley Shu · 4 yrs held
Stanley Shu
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
B1 · Tuckerton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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