New Construction Flex
For Sale
Contact for pricing
11 Royal Rd, Flemington, NJ 08822
New construction supports flexible industrial, warehousing, and distribution configurations.
Property Size69,400 SF
Lot Size6.50 Acres
Price / SF$0.00
Days on Market68
Property Features for 11 Royal Rd
General Information
Standard status
Active
Size
69,400 SF
Class
Class A
Total Parking Spaces
132
Lot size
6.50 Acres
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
32 ft
Dock-High Doors
7
Power
3,000 amps
Three-Phase Power
Yes
Building Details
Year Built
2025
Building Size
69,400 SF
Listing Agency:
CHOICE HOMES LLC.
Listed By:
NIHAD ELKHOLY
(973) 386-9900
Source:
Thebansalteam
Added: Aug 9
Changed: Oct 3
Last Checked: Oct 7 at 1:05PM
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 CHOICE HOMES LLC.
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Investment Insights
Based on property information with market context.
Completed in 2025, this 69,400-square-foot flex industrial building occupies 6.5 acres and is designed for warehousing, distribution, and related industrial operations. The facility offers 32-foot clear ceiling height, seven loading docks, 132 parking spaces, 3,000-amp three-phase power, and public sewer and water. Space can be leased in full or in partial configurations ranging from 9,100 to 69,400 square feet.
The property is located at 11 Royal Rd in Raritan Township, New Jersey, with access to Route 31, Route 202, Route 22, Interstate 78, and Interstate 287. It is near the Pennsylvania border and Trenton-Mercer Airport, with the Raritan commuter NJ Transit line a short distance away. The New York container terminal is less than 50 miles from the building.
The property is located at 11 Royal Rd in Raritan Township, New Jersey, with access to Route 31, Route 202, Route 22, Interstate 78, and Interstate 287. It is near the Pennsylvania border and Trenton-Mercer Airport, with the Raritan commuter NJ Transit line a short distance away. The New York container terminal is less than 50 miles from the building.
Key Highlights
- 69,400 SF flex industrial building on 6.5 acres
- 32' clear ceiling height
- Seven loading docks and 132 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$772,193
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,443,860
$15.4M
Cap Rate 7%
$11,031,329
$11.0M
Cap Rate 9%
$8,579,922
$8.6M
Market Conditions
NOI Build-Up for 69,400 SF
Gross rent
$1.25M $18.00/SF
− Vacancy
−$61.2K −$0.88/SF
EGI
$1.19M $17.12/SF
− OpEx
−$415.8K −$5.99/SF
NOI
$772.2K $11.13/SF
Area
Hunterdon County, NJ
Vacancy
4.90%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,443,860
Cap Rate 7%
$11,031,329
Cap Rate 9%
$8,579,922
Alternative Uses
Best Use
Warehouse
$13.51M
$11.82M – $15.76M
NOI $945,883 @ 7.0% cap · market cap 6,756,307.14%
Second Best
Industrial
$11.13M
$9.74M – $12.98M
NOI $778,963 @ 7.0% cap · market cap 5,564,021.43%
Theoretical Best
Office A
$18.12M
$15.86M – $21.14M
NOI $1,268,521 @ 7.0% cap · market cap 9,060,864.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
32 ft
Clear height
7
Dock-high doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 08822, NJ
31,844
Population
12,274
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
492
Density / Sq Mi
$137,698
Median Household Income
$67,198
Median Earnings
$1,685
Median Rent
$513,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - New construction supports flexible industrial, warehousing, and distribution configurations.
Where is this flex space located?
The property is located at 11 Royal Rd Flemington, NJ.
What are key features of this property?
This property features: 69,400 SF flex industrial building on 6.5 acres; 32' clear ceiling height; Seven loading docks and 132 parking spaces
