This exceptional two-story office building, situated on a 1.5-acre lot (64,987 sq ft) in Stafford Township, NJ (08092), presents a unique investment opportunity. The 1,900 square foot building is currently configured as a multi-tenant property, suitable for creative, medical, or traditional office uses. The asking price is $999,000, translating to $525.79 per square foot. The property boasts ample parking, catering to various business needs. Its location within a bustling commercial district ensures high visibility and convenient access. The expansive lot offers significant potential for future expansion, allowing for the addition of buildings or amenities to suit diverse business requirements. This property is ideally positioned to serve the community, benefiting from its proximity to Long Beach Island and residential areas. The meticulously landscaped grounds enhance the aesthetic appeal of this versatile commercial space, making it an attractive option for entrepreneurs, developers, and investors seeking a prime location with growth potential. The property's flexible layout allows for customization to meet specific business needs. This is a rare opportunity to acquire a substantial commercial property in a thriving New Jersey market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$2,909,916
Hospitality
$2,665,468
Educational
$2,217,638
Medical
$2,293,906
Retail
$3,449,659
Location Insight
City
Manahawkin
County
Ocean
State
New Jersey
Latitude
39.7062
Longitude
-74.2542
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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