271 Joe Parker Rd

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271 Joe Parker Rd

Lakewood, NJ 08701
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use property available for sale in Lakewood, New Jersey.
  • Strategic redevelopment and value-add investment opportunity at this site.
  • Located within the dynamic and growing central New Jersey market.
  • Versatile asset suitable for diverse commercial or residential use cases.
  • Positioned at 271 Joe Parker Road near local transit corridors.

What's Special

Investors seeking a value-add or redevelopment opportunity will find 271 Joe Parker Rd in Lakewood, New Jersey, a compelling addition to their portfolio. This mixed-use property occupies a strategic location in a region known for its dense population and consistent demand for versatile commercial space. The site provides a flexible canvas for developers and business owners to capitalize on the area's ongoing economic growth. Given the layout and zoning potential, the asset is suitable for a variety of commercial and residential configurations that serve the local community. Lakewood continues to maintain its status as a significant hub within the central New Jersey metro area, supported by accessible transportation routes and a stable local economy. Prospective buyers should evaluate the site for its long-term appreciation potential and the ability to enhance the existing structure through strategic improvements or complete revitalization. This listing presents a clear path to repositioning an asset in a high-demand market sector.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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