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Property profile & analytics
OFF-MARKET
Office Spaces

2640 Hwy 70th Ste 1a Manasquan, NJ 08736-2610

2,010 SF 0.04 ac lot Built 1986
Entity Owned 5-yr Hold Free & Clear
Property ID
US59-0953789
Property summary
AI-generated overview

This exceptional 1,956 square foot free-standing medical office condo in Manasquan, NJ, is a fantastic opportunity for medical professionals. Located at 2640 Highway 70, Unit 11, this property sits on a 0.41-acre lot and offers high visibility and accessibility. The building boasts a thoughtfully designed layout, including a spacious waiting room featuring a vaulted ceiling and a full wall of glass, enhancing natural light and creating a welcoming atmosphere. A separate receptionist area with its own private lavatory ensures efficient patient flow. The space includes four exam rooms, perfectly suited for a variety of medical practices, along with one private office and a large corner office, each equipped with its own private lavatory for added privacy and convenience. Operable windows throughout the building allow for natural ventilation and ample natural light. The building is equipped with a two-zone gas-fired heating system and central air conditioning, ensuring year-round comfort. A full basement provides additional storage space. The asking price for this well-designed and functional medical office condo is $595,000. This property presents a rare opportunity to acquire a move-in ready medical office space in a desirable location. The combination of its prime location, spacious layout, and modern amenities makes it an ideal investment for any medical practice seeking to establish or expand its presence.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1986
Total area 2,010 SF
Lot 0.04 ac (1,583 SF)
Zoning code OP10
APN 52 00817-0000-00009-0000-C001A
UPID US59-0953789
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
J & J 2231 Landmark LLC · 5 yrs held
J & J 2231 Landmark LLC
since 2020
Last sale
$300,000
3 recorded transactions
2020
$300,000
2015
$255,000
1969
Price N/A
Zoning & alternative use
OP10 · Manasquan, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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