Somerdale Garage with Four Bays

SOMERDALE, NJ 08083 Somerdale, NJ 08083

Claim this Listing
Pending
$499,000

SINGLE_FAMILY - SOMERDALE, NJ

Property size:
2,750 SF
Lot size:
0.52 Acres
Added:
Jun 9, 2025
Days on Market:
397
Last Refresh:
Jul 10 at 9:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Pending
Size
2,750 SF
Lot size
0.52 Acres

Building Details

Year built
1970

Listing agent Sid Benstead License #RS361696

Listing office BHHS Fox & Roach Marlton-Voorhees Home Marketing Center NJ

Listing date Jun 9, 2025

MLS# NJCD2094690

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 commercial property in Somerdale, New Jersey, features an approximately 2,750 square foot garage equipped with four bays, four lifts, and a compressor. The property also includes an office and a powder room. Additional storage is provided by a trailer and two box trucks. The lot size is 0.52 acres. This property is suitable for auto shops, automotive businesses, and retail purposes.

Key Highlights

  • Approximately 2,750 sq. ft. garage space.
  • Includes 4 bays and 4 lifts.
  • Equipped with an air compressor.

Local Financial Insights For Industrial

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 $41.3k $15.00
− Vacancy −$3.0k −$1.08
EGI $38.3k $13.92
− OpEx −$11.5k −$4.18
NOI $26.8k $9.74
2,750 SF · lease $15.00/SF/yr · vacancy 7.20% · expense 30.00%

Alternative Uses

Best Use
Industrial
$382.8K
$335.0K – $446.6K (±1% cap)
NOI $26,796 @ 7.0% cap · market cap 5.37%
Second Best
Retail
$378.3K
$331.0K – $441.3K (±1% cap)
NOI $26,478 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$697.3K
$610.1K – $813.5K (±1% cap)
NOI $48,809 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Auto shops

Similar Off Market Nearby

  • Tuff Protect Screen Protectors — 700 S White Horse Pike, Somerdale, NJ 08083
  • Jireh Tire Shop — 510 S Warwick Rd, Hi-Nella, NJ 08083
  • GT AUTO SOLUTION LLC — 701 S Warwick Rd, Somerdale, NJ 08083
  • S&F One Stop Shop — 510 S Warwick Rd, Hi-Nella, NJ 08083
  • Somerdale Automotive Repair — 412 S Warwick Rd, Somerdale, NJ 08083

FAQs

What type of property is this?
Auto shop - 2,750 sq ft garage with lifts and storage vehicles.
Where is this auto shop located?
The property is located at Somerdale, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 2,750 sq. ft. garage space.; Includes 4 bays and **4 lifts.**; Equipped with an air compressor.
Contact an agent
More about this property
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