524 Maple Ave Linwood, NJ 08221-1213
- Office buildings
- 3,900 SF
- 0.72 lot acres
Current Use by Public Records
- Office buildings
Property Details for 524 Maple Ave
- Year built
- 1990
- Lot size
- 0.72 lot acres
- Property size
- 3,900 SF
- Zone code
- BUS
- Property type
- Office buildings
- APN
- 14 00149-0000-00001
- APU
- 1400149000000001
Description
This exceptional commercial property at 524 Maple Ave, Linwood, NJ offers a versatile 1,350 square foot space on the second floor of a two-story building, ideal for businesses serving Atlantic and Cape May Counties. The suite boasts a desirable layout including six offices/rooms, a conference room, reception area, kitchen nook, flex hallway/seating area, and a storage room. The space is enhanced by abundant natural light from numerous windows and convenient elevator access. Shared amenities include ample parking (11+ paved, off-street spaces) with the first-floor tenant, a medical office. The property features a pitched roof, block exterior, and exterior signage. A basement with over six feet of headroom provides additional storage, potentially available for an additional cost. The building is over 25 years old and includes central air conditioning, a security system, and smoke/fire alarms. Utilities are the responsibility of the tenant (electricity, gas, phone/internet, and half of the water bill). The landlord is open to a one-year lease. This centrally located property offers easy access to major roadways and nearby businesses. Schedule a viewing today to explore this outstanding opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $490,000
- 6.5%
- $520,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $535,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $645,000
- Mixed-Use
- $475,000
- Hospitality
- $615,000
- Educational
- $490,000
- Residential Income
- $485,000
- Energy
- $560,000
- Income-Based Land
- $630,000
- Food Service
- $590,000
Location Insight
- Map
- Local Demand
- City
- Linwood
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.5723
- Latitude
- 39.3574
- CBSA code
- 12100
- CBSA name
- ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA