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Property profile & analytics
OFF-MARKET Estimated value $930,000
Commercial real estate

1110 New Rd Absecon, NJ 08201-9309

9,900 SF 2.19 ac lot Built 1995
Individually Owned 3-yr Hold Free & Clear
Property ID
US59-1948836
Property summary
AI-generated overview

This exceptional 3,370-square-foot commercial space, situated in Atlantic County, presents a unique opportunity for businesses seeking a flexible and well-appointed office environment. Located on US Route 9 near Leeds, this single-story, 1995-built building offers a prime location with excellent visibility and signage opportunities. The space is currently vacant and features a versatile layout ideal for a variety of uses, including traditional office and creative office settings. The layout includes a spacious client reception area with an administrative service desk, four private offices, and a large, adaptable flex area perfect for production or collaborative work. On-site parking is provided for convenience, and a small drive-in door at the rear enhances accessibility. The property is zoned UEZC and is part of a single-suite building. The asking rate is $12.00 per square foot NNN for office space and $9.00 per square foot NNN for warehouse/flex space. Availability is anticipated at the end of the first quarter of 2025. This is a rare opportunity to secure a high-visibility, well-equipped space in a desirable location. Don't miss out on this chance to establish your business in a prime Atlantic County setting.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1995
Construction FRAME
Total area 9,900 SF
Lot 2.19 ac (95,396 SF)
Zoning code UEZC
APN 19 00402-0000-00014
UPID US59-1948836
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
by Request
Comparable Approach Comparable
$895k
Blend (final) Blend
$930k
Owner & transaction history
Stephen F Frankel · 3 yrs held
Stephen F Frankel
since 2023
Last sale
$770,000
4 recorded transactions
2023
$770,000
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
UEZC · Absecon, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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