580 N Main St Barnegat Township, NJ 08005
Property profile & analytics
580 N Main St Barnegat Township, NJ 08005
- Commercial real estate
- 4,230 SF
- 10.65 lot acres
Property ID
US59-1025724
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Spirits Main Street / Bar & Pub
- Big Lots / Discount Store
- Jersey Shore Pharmacy / Pharmacy
- Luigi's Pizzeria & Ristorante / Restaurant
- McDonald's / Restaurant / Take-out & Catering
Property Details for 580 N Main St
- Year built
- 1975
- Lot size
- 10.65 lot acres
- Property size
- 4,230 SF
- Zone code
- CPHD
- Property type
- Commercial real estate
- APN
- 01 00196-0000-00005
- APU
- 100196000000005
Description
Bay Shore Plaza presents a prime retail investment opportunity in the thriving Manahawkin, Forked River submarket of Ocean County. This 57,523 square foot neighborhood strip center is anchored by a Big Lots and a McDonald's, the latter boasting the highest traffic in the local market. Three spaces are currently available, ranging from 1,200 to 2,700 contiguous square feet, with a minimum divisible space of 2,000 square feet. The center features a total of 12 suites and 7,100 square feet of vacant space ready for immediate occupancy. Ample parking is available for tenants and customers. Strategically located at the intersection of Rt 9 (North Main St) and Barnegat Blvd, Bay Shore Plaza benefits from high visibility and convenient access. Its proximity to the Garden State Parkway (GSP) and Route 72, coupled with its location near popular Long Beach Island vacation destinations, ensures a robust customer base, experiencing a significant seasonal increase of up to 100,000 people during summer months. This presents a unique opportunity for businesses seeking exposure to a large and diverse customer demographic. The property's strong anchor tenants and high-traffic location make it an ideal investment for both established businesses and new ventures.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $560,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $815,000
- 6.5%
- $750,000
- 7%
- $700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $903,000
- AI Estimate
- $855,000
Market price range: $461k - $904kMarket price range: $313k - $855k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $685,000 Current use
- OFFICE BUILDING
- $1,005,000 Change: +47% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Barnegat
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2114
- Latitude
- 39.7687
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$153,527
$1,640,100
$3,809,900
$5,450,000
-
$1,640,100
$3,809,900
$5,450,000
