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Property profile & analytics
FOR SALE
Commercial real estate

516 Duquesne Blvd Brick, NJ 08723

3,849 SF 0.52 ac lot
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US59-0771423
Property summary
AI-generated overview

This exceptional 4,090 square foot office building presents a remarkable investment opportunity in Brick, NJ. Recently renovated and updated, this turnkey property boasts a modern, neutral interior ideal for immediate occupancy. The layout includes four bathrooms, a welcoming reception area, multiple private offices, expansive open workspaces, and ample storage. Natural light floods the large rooms, creating a pleasant and productive atmosphere. A convenient kitchen and break room are also included. The building features five entrances for optimal accessibility and flow. With 23 parking spaces, ample parking is guaranteed for employees and clients. The strategic location on Duquesne Boulevard offers excellent visibility and convenient access to major thoroughfares, including Route 70, Brick Boulevard, Hooper Avenue, and the Garden State Parkway, ensuring easy commutes and high traffic exposure. The 0.52-acre lot provides ample space and potential for future expansion. This property is ready for immediate use and represents a strong return on investment. The asking price is $2,800,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 3,849 SF
Lot 0.52 ac (22,500 SF)
Zoning code R75
APN 07 00446- 04-00007
UPID US59-0771423
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
$685k
Comparable Approach Comparable
$319k
Blend (final) Blend
$520k
Owner & transaction history
Thoens Property Management LLC · 10 yrs held
Thoens Property Management LLC
since 2016
7 recorded transactions
2017
Price N/A
2017
Price N/A
2016
$530,000
2016
$676,800
2010
$752,000
2004
$1
1969
Price N/A
Zoning & alternative use
R75 · Brick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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