1110 New Rd Absecon, NJ 08201
- Commercial real estate
- 9,900 SF
- 2.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1110 New Rd
- Year built
- 1995
- Construction
- FRAME
- Lot size
- 2.19 lot acres
- Property size
- 9,900 SF
- Zone code
- UEZC
- Property type
- Commercial real estate
- APN
- 19 00402-0000-00014
- APU
- 1900402000000014
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $930,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $810,000
- 6.5%
- $720,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $615,000
- Geo Method
- $615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $650,000
- Retail
- $675,000
- Mixed-Use
- $795,000
- Hospitality
- $725,000
- Educational
- $825,000
- Residential Income
- $850,000
- Energy
- $685,000
- Income-Based Land
- $690,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Absecon
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.5158
- Latitude
- 39.4118
- CBSA code
- 12100
- CBSA name
- ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA