429 Lacey Rd, Forked River, NJ 08731-2448
This exceptional Lacey Township, NJ medical office space offers 2,268 square feet of immediately available Class A space within a larger 7,850 square foot building at 429 Lacey Rd, 08731. The property, built in 1988 and renovated in 2000, features three buildings across two stories, providing a modern and well-maintained environment. The suite is part of a multi-tenant building with a total of 7,850 square feet and offers flexible space options, with a minimum divisible space of 1,053 square feet and a maximum contiguous space of 2,268 square feet. The property boasts 54 parking spaces for ample client and staff convenience. Located on a high-traffic section of Lacey Rd, this location benefits from significant walk-in traffic and visibility, ensuring strong potential for client acquisition. The property sits on one acre of land and is categorized as Retail, Office, and Restaurant, making it suitable for a variety of medical practices. Annual property taxes are $2.86 per square foot. While elevators are not available, the two-story building offers convenient access. This is an excellent opportunity to establish or expand a medical practice in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
OC · Forked River, NJForked River. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.