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Property profile & analytics
OFF-MARKET
Office buildings

640 Lacey Rd Forked River, NJ 08731-2100

Built 1987
Entity Owned 11-yr Hold Free & Clear
Property ID
US59-1405567
Property summary
AI-generated overview

This single-tenant office space, totaling 500 square feet, is ideally situated at 640 Lacey Rd in Lacey Township, NJ 08731. The property is part of a larger 4,120 square foot building constructed in 1987, featuring a single story with 9-foot ceilings. The space boasts built-in cabinets and desks, a convenient kitchenette, and a private bathroom. Ample parking is available with 20 spaces on-site. The building is zoned for commercial use and is conveniently located on busy Lacey Road, just 1.3 miles from the Parkway and close to Route 9, ensuring high visibility and easy access. The annual rent is $17.00 per square foot, NNN, with additional NNN fees of $6.16 per square foot annually. This presents a fantastic opportunity for a business seeking a well-appointed, easily accessible office space in a thriving Ocean County location. The property includes one building with no elevators. Please allow 24 hours' notice for appointments.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Zoning code OC
APN 13 01626- 01-00035-0000-C1
UPID US59-1405567
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Premium Pactice Realty LLC · 11 yrs held
Premium Pactice Realty LLC
since 2015
5 recorded transactions
2015
$725,000
2014
Price N/A
2012
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
OC · Forked River, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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