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Property profile & analytics
FOR SALE
Commercial real estate

2715 Hooper Ave Brick, NJ 08723

4,470 SF 0.54 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1708355
Property summary
AI-generated overview

This exceptional waterfront commercial property in Brick, NJ, presents a compelling investment opportunity. Located at 2715 Hooper Avenue Unit 2715, this plaza boasts unparalleled visibility and high traffic volume, averaging 25,000 vehicles daily. The property comprises 4,400 square feet of rentable space, strategically divided into seven ground-floor retail storefronts and four upstairs offices offering stunning water views. Separate entrance and exit points ensure convenient access for both customers and employees. Ample parking is available for tenants and patrons. The current tenants are on month-to-month leases, providing flexibility for the new owner. This prime location offers significant potential for growth and income generation, making it an ideal investment for savvy entrepreneurs seeking a high-return property in a thriving coastal community. The asking price is $999,000. This is a rare opportunity to acquire a well-established commercial property with significant upside potential in a highly desirable location. Don't miss out on this chance to secure a lucrative investment in a bustling waterfront plaza.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 4,470 SF
Lot 0.54 ac (23,514 SF)
Zoning code B2
APN 07 00550-0000-00001
UPID US59-1708355
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
$795k
Comparable Approach Comparable
$370k
Blend (final) Blend
$590k
Owner & transaction history
Hooper 2715 LLC · 3 yrs held
Hooper 2715 LLC
since 2023
7 recorded transactions
2023
Price N/A
2022
$761,000
2018
Price N/A
2018
$950,000
2016
$400,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B2 · Brick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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