Vacant Industrial Warehouse
11 Victoria Ter Ridgefield, NJ 07657
For Sale
$1,800,000
Vacant warehouse offers 16-foot clear ceilings and a grade-level drive-in door for flexible industrial use.
Property Size6,000 SF
Price / SF$300
Days on Market56
Property Features for 11 Victoria Ter
General Information
Standard status
Active
Size
6,000 SF
Listing Agency:
The Agency One Rock-HoHoKus-Ridgewood East
(201) 396-0930
Listed By:
Vyacheslav Zborovsky
(201) 396-0930
Source:
Exprealty
Added: Jun 4
Changed: Jul 25
Last Checked: Jul 26 at 10:19PM
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 The Agency One Rock-HoHoKus-Ridgewood East
Investment Insights
Based on property information with market context.
This vacant industrial warehouse building offers approximately 6,000 square feet of versatile space and is delivered vacant at closing. The property includes 16-foot clear ceilings and a grade-level drive-in door, supported by a functional layout intended to accommodate a range of warehouse, distribution, storage, and service-oriented operations.
The property is located within a Bergen County industrial corridor with convenient access to major highways, New York City, and the surrounding Northern New Jersey marketplace.
With its warehouse configuration, high clear height, and drive-in access, the building is well suited for owner-users and investors seeking an immediately occupiable industrial asset.
The property is located within a Bergen County industrial corridor with convenient access to major highways, New York City, and the surrounding Northern New Jersey marketplace.
With its warehouse configuration, high clear height, and drive-in access, the building is well suited for owner-users and investors seeking an immediately occupiable industrial asset.
Key Highlights
- Vacant industrial warehouse delivered vacant at closing for immediate occupancy
- Approximately 6,000 SF of versatile industrial space for owner‑user or business use
- 16‑foot clear ceilings and a grade‑level drive‑in door
Financial Insights For Warehouse
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 | $102.2k | $17.04 |
| − Vacancy | −$6.0k | −$1.01 |
| EGI | $96.2k | $16.03 |
| − OpEx | −$14.4k | −$2.41 |
| NOI | $81.8k | $13.63 |
6,000 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,777 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,670 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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Frequently Asked Questions
What type of property is this?
Warehouse - Vacant warehouse offers 16-foot clear ceilings and a grade-level drive-in door for flexible industrial use.
Where is this warehouse located?
The property is located at 11 Victoria Ter Ridgefield, 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 industrial warehouse delivered vacant at closing for immediate occupancy; Approximately 6,000 SF of versatile industrial space for owner‑user or business use; 16‑foot clear ceilings and a grade‑level drive‑in door
