Flex Warehouse
For Sale
$470,000
101 W Nicholson Rd, Audubon, NJ 08106
Flex warehouse space with convenient access to US-30 and regional routes including I-295 and I-76 via local roads.
Property Size4,800 SF
Price / SF$97.92
Days on Market94
Property Features for 101 W Nicholson Rd
General Information
Standard status
Active
Size
4,800 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1969
Listing Agency:
Berkshire Hathaway HomeServices Fox & Roach, Realtors
(856) 381-7884
Listed By:
Dawn Varallo · License #1329291
(856) 381-7884
Source:
Evrealestate
Added: May 5
Changed: Jul 10
Last Checked: Jul 24 at 8:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Fox & Roach, Realtors
Investment Insights
Based on property information with market context.
This property is a flex warehouse facility suited for users looking for a combination of flexible workspace and warehouse/storage function. It is presented for sale as a commercial real estate asset in Camden County, NJ.
The location can be reached via the White Horse Pike (US-30), which intersects with Nicholson Road less than a mile to the south. The property also offers strong connectivity to major regional arteries, including I-295 and I-76, which connect to Nicholson Road through local secondary roads.
For buyers evaluating light industrial or warehouse-oriented space with the flexibility to support multiple day-to-day operating needs, this facility offers an access-focused profile. Its placement near Nicholson Road and nearby connections to US-30 and interstate routes can support distribution, service, or general storage requirements for appropriately sized operations.
The location can be reached via the White Horse Pike (US-30), which intersects with Nicholson Road less than a mile to the south. The property also offers strong connectivity to major regional arteries, including I-295 and I-76, which connect to Nicholson Road through local secondary roads.
For buyers evaluating light industrial or warehouse-oriented space with the flexibility to support multiple day-to-day operating needs, this facility offers an access-focused profile. Its placement near Nicholson Road and nearby connections to US-30 and interstate routes can support distribution, service, or general storage requirements for appropriately sized operations.
Key Highlights
- Central air cooling and forced air heating with natural gas
- Year built: 1969
- Convenient access via US‑30 (White Horse Pike) with Nicholson Road less than 1 mile to the south
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 | $69.1k | $14.40 |
| − Vacancy | −$2.9k | −$0.60 |
| EGI | $66.2k | $13.80 |
| − OpEx | −$23.2k | −$4.83 |
| NOI | $43.0k | $8.97 |
4,800 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 35.00%
Alternative Uses
Best Use
Industrial
$668.2K
$584.6K – $779.5K
NOI $46,771 @ 7.0% cap · market cap 9.95%
Second Best
Flex RnD
$614.9K
$538.0K – $717.4K
NOI $43,041 @ 7.0% cap · market cap 9.16%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,195 @ 7.0% cap · market cap 18.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
921
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08106, NJ
9,698
Population
3,996
Households
2.4
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
1.6 sq mi
ZIP Area
6,061
Density / Sq Mi
$107,539
Median Household Income
$61,139
Median Earnings
$1,083
Median Rent
$286,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Board Catering | Eat Pretty LLC — 1001 White Horse Pike, Haddon Township, NJ 08107
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse space with convenient access to US-30 and regional routes including I-295 and I-76 via local roads.
Where is this flex space located?
The property is located at 101 W Nicholson Rd Audubon, NJ.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Central air cooling and forced air heating with natural gas; Year built: 1969; Convenient access via US‑30 (White Horse Pike) with Nicholson Road less than 1 mile to the south
