Zoned HD-1 Institutional
For Sale
$4,900,000
110 S New York Road, Galloway, NJ 08205
A 17,000-square-foot building on four acres, zoned HD-1 for schools, offices, lodging, and residential care uses.
Property Size17,000 SF
Lot Size4.00 Acres
Price / SF$288.24
Days on Market77
Property Features for 110 S New York Road
General Information
Standard status
Active
Size
17,000 SF
Lot size
4.00 Acres
Property subtype
General Commercial
Zoning
HD-1
Building Details
Year Built
1998
Listing Agency:
HomeSmart First Advantage
(786) 985-1081
Listed By:
Resa Shapiro · License #1542715
(786) 985-1081
Source:
Xome
Added: May 22
Changed: Jul 10
Last Checked: Jun 14 at 1:47AM
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 HomeSmart First Advantage
Investment Insights
Based on property information with market context.
This property is a 17,000-square-foot building situated on four acres. It is currently configured as a standalone institutional-style facility, and it is identified as being suitable for multiple development and operating formats under its HD-1 zoning designation.
The site is zoned HD-1, which supports a range of uses including schools, offices, lodging facilities, and residential care facilities. The listing also notes the option to purchase this property together with 58 S New York, which is offered separately for sale.
For buyers evaluating flexible institutional and healthcare-related use cases, the HD-1 zoning provides a clear framework for potential occupancy strategies. The building size and standalone acreage can support operations that require interior space and room for site use, depending on the selected concept and applicable approvals.
The site is zoned HD-1, which supports a range of uses including schools, offices, lodging facilities, and residential care facilities. The listing also notes the option to purchase this property together with 58 S New York, which is offered separately for sale.
For buyers evaluating flexible institutional and healthcare-related use cases, the HD-1 zoning provides a clear framework for potential occupancy strategies. The building size and standalone acreage can support operations that require interior space and room for site use, depending on the selected concept and applicable approvals.
Key Highlights
- 17,000 SF building on 4 acres
- Zoned HD‑1 for schools, offices, lodging, and residential care facilities
- Built in 1998
Financial Insights For Office B
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 | $454.9k | $26.76 |
| − Vacancy | −$122.8k | −$7.23 |
| EGI | $332.1k | $19.53 |
| − OpEx | −$83.0k | −$4.88 |
| NOI | $249.1k | $14.65 |
17,000 SF · lease $26.76/SF/yr · vacancy 27.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.56M
$3.11M – $4.15M
NOI $249,069 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$2.43M
$2.13M – $2.84M
NOI $170,165 @ 7.0% cap · market cap 3.47%
Theoretical Best
Warehouse
$6.33M
$5.54M – $7.39M
NOI $443,148 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
Explore this area
Business Placement
Demographics for 08205, NJ
28,666
Population
11,660
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
91%
High-School Grad
42.1 sq mi
ZIP Area
681
Density / Sq Mi
$88,636
Median Household Income
$45,611
Median Earnings
$1,527
Median Rent
$263,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
School - A 17,000-square-foot building on four acres, zoned HD-1 for schools, offices, lodging, and residential care uses.
Where is this school located?
The property is located at 110 S New York Road Galloway, NJ.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 17,000 SF building on 4 acres; Zoned HD‑1 for schools, offices, lodging, and residential care facilities; Built in 1998
