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Property profile & analytics
OFF-MARKET
Commercial real estate

329 Jimmie Leeds Rd Galloway, NJ 08205-4110

1.03 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US59-1912656
Property summary
AI-generated overview

This exceptional Class A office building presents a compelling investment opportunity in Galloway, New Jersey. Located at 329 E Jimmie Leeds Rd, 08205, this meticulously maintained property boasts 10,000 square feet across two stories within a single building constructed in 2006. The building currently enjoys a 90% occupancy rate with nine tenants occupying the ten available units. This stabilized investment, classified as a value-add opportunity, offers significant potential for future growth. The asking price is $1,500,000, translating to a price per square foot of $150. The property's prime location in the heart of Galloway Township's central business district provides excellent visibility and accessibility. Its proximity to Atlanticare Mainland Regional Hospital and Stockton University further enhances its desirability and potential for sustained rental income. The building is categorized as a traditional office space, suitable for a variety of professional uses. This owner-occupy opportunity is ideal for investors seeking a strong return on investment or businesses looking to expand their operations into a high-quality, well-located space. The property's strong tenancy and excellent condition make it a truly attractive proposition in the competitive New Jersey commercial real estate market. This is a rare opportunity to acquire a well-maintained, high-quality office building in a thriving location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Lot 1.03 ac (44,867 SF)
Zoning code CVC
APN 11 00985-0000-00003- 02
UPID US59-1912656
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
  • Galloway Counseling, LLC Counselor
  • Therapeutic Self Care Counselor Family Counselor
  • Linode 2 Corporate Office Business Park
  • Brighid Noel Foster Care Service Social Service Agency
  • FAM Rehabilitation Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Galloway Property Group LLC · 7 yrs held
Galloway Property Group LLC
since 2019
6 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CVC · Galloway, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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