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    Property profile & analytics
    OFF-MARKET Estimated value $1,320,000
    Commercial real estate

    540 Lacey Rd, Forked River, NJ 08731-1532

    0.84 ac lot Built 1972
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US59-0723349
    Property summary
    AI-generated overview

    This 1,020 square foot office space is located in a two-story, 8,100 square foot building at 540 Lacey Road, Lacey Township, NJ 08731. The property, situated on 0.84 acres of land, offers excellent visibility on a busy thoroughfare. The suite, designated as Unit D, features two large rooms and one additional office, providing a flexible layout suitable for various business needs. Ample parking is available with 15 spaces provided. The building boasts prominent signage and a company directory, enhancing visibility and professional image. Built in 1972, this Class C building is currently under new management. Utilities include 220 3-phase power. The space is divisible to a minimum of 1,020 square feet, with a maximum contiguous space of 1,020 square feet. The property is zoned OC and has a total of one suite. Taxes are $2.81 per square foot. Elevators are not available. The cross street is Vaughn Avenue. The property is conveniently located in the Forked River submarket. This is a great opportunity for a business seeking a well-located, functional office space with good visibility and ample parking. The lease rate is $16.00 per square foot, plus CAM and taxes.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1972
    Construction FRAME
    Lot 0.84 ac (36,710 SF)
    Zoning code OC
    APN 13 01623-0000-00001- 01
    UPID US59-0723349
    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
    $1.32M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.32M
    Owner & transaction history
    540 Laceyrd LLC · 2 yrs held
    540 Laceyrd LLC
    since 2024
    Last sale
    $1.3M
    7 recorded transactions
    2024
    $1.3M
    2009
    2004
    $3,650
    2003
    1996
    $165,000
    1969
    1969
    Zoning & alternative use
    OC · Forked River, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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