Masonry Flex Showroom
For Sale
$1,800,000
Pending
1050 Valley St, Vauxhall, NJ 07088
Vacant masonry building with large open space, two showroom areas, and multiple loading bays across two combined units.
Property Size11,500 SF
Days on Market160
Property Features for 1050 Valley St
General Information
Standard status
Pending
Size
11,500 SF
Zoning
CC
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$19,892
Amenities
Electric
Building Details
Building Size
11,500 SF
Year Built
1970
Listed By:
CLAUDIA TORRISI
(973) 610-5466
Source:
Evrealestate
Added: May 19
Changed: Oct 21
Last Checked: Oct 24 at 5:01PM
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 CLAUDIA TORRISI
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Investment Insights
Based on property information with market context.
This vacant, well-maintained masonry commercial property offers approximately 11,500 square feet of usable space with a large open floor plan and two showroom areas. The building is arranged as two buildings in one, split into approximately 7,500 square feet and 3,500 square feet. High ceilings and multiple access points support a flexible mix of commercial or industrial uses, subject to applicable approvals.
The property is positioned along an active business corridor in Union Township’s Vauxhall area, with proximity to major retailers and surrounding residential neighborhoods. Access is described as convenient to Interstate 78, the Garden State Parkway, and Route 82, supporting regional connectivity.
On-site, the larger unit includes two loading bays, while the smaller unit has one loading bay. The configuration also provides an option to tear down one unit for additional parking spaces if needed, subject to buyer due diligence and approvals. Buyers should perform their own due diligence regarding zoning, use, measurements, and flood zone status.
The property is positioned along an active business corridor in Union Township’s Vauxhall area, with proximity to major retailers and surrounding residential neighborhoods. Access is described as convenient to Interstate 78, the Garden State Parkway, and Route 82, supporting regional connectivity.
On-site, the larger unit includes two loading bays, while the smaller unit has one loading bay. The configuration also provides an option to tear down one unit for additional parking spaces if needed, subject to buyer due diligence and approvals. Buyers should perform their own due diligence regarding zoning, use, measurements, and flood zone status.
Key Highlights
- Vacant masonry commercial building built in 1970 with approximately 11,500 SF of usable space
- Two buildings in one: split into approximately 7,500 SF and 3,500 SF with multiple access points
- Includes two showroom areas, large open floor plan, and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$156,739
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,134,780
$3.1M
Cap Rate 7%
$2,239,129
$2.2M
Cap Rate 9%
$1,741,544
$1.7M
Market Conditions
NOI Build-Up for 11,500 SF
Gross rent
$196.0K $17.04/SF
− Vacancy
−$11.6K −$1.01/SF
EGI
$184.4K $16.03/SF
− OpEx
−$27.7K −$2.41/SF
NOI
$156.7K $13.63/SF
Area
Union County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,134,780
Cap Rate 7%
$2,239,129
Cap Rate 9%
$1,741,544
Alternative Uses
Best Use
Flex RnD
$2.54M
$2.22M – $2.96M
NOI $177,606 @ 7.0% cap · market cap 9.87%
Second Best
Warehouse
$2.24M
$1.96M – $2.61M
NOI $156,739 @ 7.0% cap · market cap 8.71%
Theoretical Best
Office A
$3.00M
$2.63M – $3.50M
NOI $210,202 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,230
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07088, NJ
3,580
Population
1,140
Households
3.1
Avg Household Size
39
Median Age
32%
College-Educated
86%
High-School Grad
0.3 sq mi
ZIP Area
11,933
Density / Sq Mi
$92,041
Median Household Income
$44,671
Median Earnings
$2,046
Median Rent
$343,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Danielle's Catering — 26 Washington Ave, Springfield, NJ 07081
Frequently Asked Questions
What type of property is this?
Flex space - Vacant masonry building with large open space, two showroom areas, and multiple loading bays across two combined units.
Where is this flex space located?
The property is located at 1050 Valley St Vauxhall, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Vacant masonry commercial building built in 1970 with approximately 11,500 SF of usable space; Two buildings in one: split into approximately 7,500 SF and 3,500 SF with multiple access points; Includes two showroom areas, large open floor plan, and high ceilings
