Retail Warehouse Flex
3502 W Bangs Avenue Neptune, NJ 07753
3502 W Bangs Avenue, Neptune, NJ, 07753
$2,999,000
For Sale
$2,999,000
COMMERCIAL - Neptune Township, NJ
Property Size9,593 SF
Lot Size1.03 Acres
Price / SF$312.62
Days on Market45
Property Features for 3502 W Bangs Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 35-03001-0000-00001
- Size
- 9,593 SF
- Lot size
- 1.03 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 2
Listing agency
Douglas Elliman of NJ LLC
(732) 387-3807
Listed by
Chris Katz · License #0681073
(732) 387-3807
Added: Jun 8 Checked: Jul 22 at 9:06PM
MLS# 22617104
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant retail/warehouse/flex property offers approximately 10,000 square feet of space in excellent condition. The building includes flexible open areas suited to a range of operational layouts, along with a loft area for additional storage. Operational access is supported by five overhead drive-in doors, making the property well-suited for deliveries, merchandising, or mixed warehouse-and-showroom use.
Set on 1.03 acres at a highly visible corner location along Route 33, the property provides straightforward ingress and egress for business operations. The site is also described as conveniently located near the Garden State Parkway, Route 18, and Route 35, supporting connectivity for distribution and customer-facing activity.
The configuration and drive-in functionality make this an attractive option for an owner-user seeking flexible space for retail and warehouse needs. The presence of a previous residential structure on-site adds another reuse possibility, though any office or residential use would require buyer due diligence with the township regarding permitted uses. Buyers and operators considering a redevelopment path should also plan for their own due diligence based on local approvals and site requirements.
Set on 1.03 acres at a highly visible corner location along Route 33, the property provides straightforward ingress and egress for business operations. The site is also described as conveniently located near the Garden State Parkway, Route 18, and Route 35, supporting connectivity for distribution and customer-facing activity.
The configuration and drive-in functionality make this an attractive option for an owner-user seeking flexible space for retail and warehouse needs. The presence of a previous residential structure on-site adds another reuse possibility, though any office or residential use would require buyer due diligence with the township regarding permitted uses. Buyers and operators considering a redevelopment path should also plan for their own due diligence based on local approvals and site requirements.
Key Highlights
- Vacant approx 10,000 SF retail/warehouse/flex property on 1 acre
- Corner location along Route 33 for retail, warehouse, or flex use
- Building includes 5 overhead drive‑in doors plus flexible open space
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $312.0k | $32.52 |
| − Vacancy | −$69.9k | −$7.28 |
| EGI | $242.1k | $25.24 |
| − OpEx | −$84.7k | −$8.83 |
| NOI | $157.4k | $16.40 |
9,593 SF · lease $32.52/SF/yr · vacancy 22.40% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.25M
$1.97M – $2.62M
NOI $157,355 @ 7.0% cap · market cap 5.25%
Second Best
Retail
$1.96M
$1.71M – $2.28M
NOI $136,924 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,345 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
All American Turf
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Pepe Events, Catering by Jeanie LLC. — 107 iris dr, neptune township, nj 07753
- Pepe Events, Designer Catering by Jeanie — 107 Iris Dr, Neptune City, NJ 07753
FAQs
What type of property is this?
Flex space - Vacant corner flex building with drive-in access and open space, positioned for retail, distribution, or light industrial needs.
Where is this flex space located?
The property is located at 3502 W Bangs Avenue Neptune, NJ.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Vacant approx 10,000 SF retail/warehouse/flex property on 1 acre; Corner location along Route 33 for retail, warehouse, or flex use; Building includes 5 overhead drive‑in doors plus flexible open space
