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1125-1131 New Rd 10,032 SF 50% Leased Office Building Absecon, NJ 08201 $1,175,000 ($117.13/SF)
Investment Highlights
- High Traffic
- Great investment
Executive Summary
ATTENTION ALL INVESTORS OR OWNER-USERS!! APPROXIMATELY 10,000 SQFT ON HIGH TRAFFIC ROUTE 9! An amazing opportunity for large medical practice or large business! Could be one large practice or split businesses. Designed for two separate offices with bathrooms and entrances this property also can serve as a wonderful investment property! The potential is unlimited here! Huge parking lot offers 50+parking spaces! Open your business here, choose to just profit the rental income, or do both!! The back of the building is currently being used asa bingo hall with a lease in place. Located on the Absecon/Pleasantville border with high visibility, just minutes to the black horse pike, whitehorse pike, AC expressway, and public transportation! Call for more information and details!!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,032 SF
Building Class
B
Year Built
1970
Price
$1,175,000
Price Per SF
$117.13
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,000 SF
Slab To Slab
10’
Building FAR
0.20
Lot Size
1.17 AC
Zoning
UEZI - Urban Enterprise Zone
Parking
44 Spaces (4.39 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 19-00200-0000-00046 | Improvements Assessment | $220,200 |
| Land Assessment | $154,800 | Total Assessment | $375,000 |
Property Taxes
Parcel Number
19-00200-0000-00046
Land Assessment
$154,800
Improvements Assessment
$220,200
Total Assessment
$375,000
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1125-1131 New Rd
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