Property profile

75 Lacey Rd Whiting, NJ 08759

OFF-MARKET
Commercial real estate
Property ID
US59-1156929
10,048 SF 3.4 ac lot Built 1982
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 21,870-square-foot property presents a unique investment opportunity. Currently configured as a multi-tenant retail space, it boasts an ideal setup for an ATM drive-thru, with excellent visibility and convenient ingress/egress. The site's prominent road frontage ensures high traffic exposure, maximizing potential customer interaction. The ample parking, accommodating 58 vehicles, provides convenient access for customers and staff. The property's versatile nature allows for various uses within the retail, land, or special purpose categories, making it an attractive option for a range of businesses. Its current configuration as a multi-tenant space offers flexibility for expansion or adaptation to suit specific needs. The location offers a significant advantage for businesses seeking high visibility and easy accessibility. The property's size and features make it an excellent choice for an ATM drive-thru, capitalizing on its strategic location and high traffic volume. This is a rare opportunity to acquire a well-positioned property with significant potential for growth and return on investment. Further details regarding the property's zoning and potential uses are available upon request.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Construction CONCRETE BLOCKS
Total area 10,048 SF
Lot 3.4 ac (148,104 SF)
Zoning code WTOP
APN 19 00097-0000-00007
UPID US59-1156929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hearing Aid Store Audiologist
  • Medical Clinic
  • Physician
  • Medical Clinic
  • Law Firm

Location

75 Lacey Rd Whiting, NJ 08759-2938
Whiting metro Census 720102 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$927k
Blend (final) Blend
$1.02M

Owner & transaction history

since 2022
Last sale
$950,000
7 recorded transactions
2022
$950,000
2017
Price N/A
2016
$1.5M
2013
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

WTOP · Whiting, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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