Warehouse For
For Sale
Contact for pricing
1072 Randolph Ave, Rahway, NJ 07065
Warehouse property offered for sale in Rahway, suited for distribution, storage, or light industrial needs.
Property Size14,500 SF
Price / SF$203.45
Days on Market63
Property Features for 1072 Randolph Ave
General Information
Standard status
Active
Size
14,500 SF
Total Parking Spaces
25
Property subtype
Industrial
Building Details
Year Built
1965
Year Renovated
2012
Buildings
1
Units
1
Listing Agency:
Preferred Industrial Properties of Middlesex County
Listed By:
Joe Soos · License #NJ
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 9 at 11:21AM
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 Preferred Industrial Properties of Middlesex County
Investment Insights
Based on property information with market context.
This for-sale warehouse property is presented as a commercial real estate asset in the warehouse category, with a total size of 14,500 square feet. The information provided does not specify interior build-out, office space, loading configuration, or other operational features, so buyers and tenants should confirm layout and site improvements during due diligence.
The property is located at 1072 Randolph Ave in Rahway, New Jersey (07065). As with any warehouse offering, practical site evaluation should include reviewing vehicle access, entry points, and the ability to accommodate day-to-day logistics based on the property’s actual configuration.
From an end-user standpoint, a warehouse of this size can be considered for storage and distribution-related activities, as well as other light industrial uses, subject to applicable requirements. Because the listing details are limited, prospective buyers should verify whether the existing space supports their specific workflow, including material handling, receiving, and any needed support areas before finalizing a business plan.
The property is located at 1072 Randolph Ave in Rahway, New Jersey (07065). As with any warehouse offering, practical site evaluation should include reviewing vehicle access, entry points, and the ability to accommodate day-to-day logistics based on the property’s actual configuration.
From an end-user standpoint, a warehouse of this size can be considered for storage and distribution-related activities, as well as other light industrial uses, subject to applicable requirements. Because the listing details are limited, prospective buyers should verify whether the existing space supports their specific workflow, including material handling, receiving, and any needed support areas before finalizing a business plan.
Key Highlights
- Warehouse property for sale in Rahway
- Built in 1965
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$197,627
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,952,540
$4.0M
Cap Rate 7%
$2,823,243
$2.8M
Cap Rate 9%
$2,195,856
$2.2M
Market Conditions
NOI Build-Up for 14,500 SF
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.
Gross rent
$247.1K $17.04/SF
− Vacancy
−$14.6K −$1.01/SF
EGI
$232.5K $16.03/SF
− OpEx
−$34.9K −$2.41/SF
NOI
$197.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,952,540
Cap Rate 7%
$2,823,243
Cap Rate 9%
$2,195,856
Alternative Uses
Best Use
Warehouse
$2.82M
$2.47M – $3.29M
NOI $197,627 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.79M
$3.31M – $4.42M
NOI $265,037 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07065, NJ
29,556
Population
12,811
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
7,578
Density / Sq Mi
$90,852
Median Household Income
$57,021
Median Earnings
$1,764
Median Rent
$362,300
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- TGI GENERAL GLASS — 405c Blair Rd, Avenel, NJ 07001
- Warehouse — 3 Terminal Way, Avenel, NJ 07001
- Eastern Warehouses, Inc — 26 Engelhard Ave, Avenel, NJ 07001
- CubeSmart Self Storage — 1004 US-1, Rahway, NJ 07065
- Extra Space Storage — 1420 Rahway Ave, Avenel, NJ 07001
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property offered for sale in Rahway, suited for distribution, storage, or light industrial needs.
Where is this warehouse located?
The property is located at 1072 Randolph Ave Rahway, NJ.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Warehouse property for sale in Rahway; Built in 1965
