Flex Space with Fenced
For Sale
Contact for pricing
1213 S 6th St, Camden, NJ 08104
Urban industrial building with drive-in access and a fenced outdoor lot for storage, parking, or equipment staging.
Property Size4,155 SF
Price / SF$102.29
Days on Market62
Property Features for 1213 S 6th St
General Information
Standard status
Active
Size
4,155 SF
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
1
Amenities
drive-in door
Listing Agency:
Vantage Commercial
(856) 797-1919
Listed By:
Ma’or Hemo
(856) 454-7716
Source:
Moodyscre
Added: Jul 21
Changed: Sep 7
Last Checked: Sep 20 at 9:37AM
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 Vantage Commercial
Investment Insights
Based on property information with market context.
1213 S 6th St presents a 4,155-square-foot former automotive facility in Camden, NJ, with a functional layout suited to flex-space users. The property includes a drive-in door measuring approximately 13 feet high by 8 feet wide, supporting vehicle access and interior workflow. A fenced lot provides outdoor space for storage, parking, or equipment staging.
The property is positioned within an urban industrial corridor with access to I-676, Route 30, the Ben Franklin Bridge, and the Walt Whitman Bridge. Its location offers connectivity between New Jersey and Philadelphia for businesses requiring regional transportation access. The existing configuration is suited to automotive, contractor, and storage-related operations.
The property is positioned within an urban industrial corridor with access to I-676, Route 30, the Ben Franklin Bridge, and the Walt Whitman Bridge. Its location offers connectivity between New Jersey and Philadelphia for businesses requiring regional transportation access. The existing configuration is suited to automotive, contractor, and storage-related operations.
Key Highlights
- 4,155 SF former automotive facility
- Drive‑in door measuring approximately 13 feet high by 8 feet wide
- Fenced lot for storage, parking, or equipment staging
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
$37,257
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
8.77%
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%
$745,140
$745.1K
Cap Rate 7%
$532,243
$532.2K
Cap Rate 9%
$413,967
$414.0K
Market Conditions
NOI Build-Up for 4,155 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
$59.8K $14.40/SF
− Vacancy
−$2.5K −$0.60/SF
EGI
$57.3K $13.80/SF
− OpEx
−$20.1K −$4.83/SF
NOI
$37.3K $8.97/SF
Area
Camden County, NJ
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
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%
$745,140
Cap Rate 7%
$532,243
Cap Rate 9%
$413,967
Alternative Uses
Best Use
Industrial
$578.4K
$506.1K – $674.8K
NOI $40,486 @ 7.0% cap · market cap 9.53%
Second Best
Retail
$571.5K
$500.1K – $666.8K
NOI $40,006 @ 7.0% cap · market cap 9.41%
Theoretical Best
Office A
$1.05M
$921.8K – $1.23M
NOI $73,747 @ 7.0% cap · market cap 17.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08104, NJ
21,951
Population
9,821
Households
2.2
Avg Household Size
32
Median Age
9%
College-Educated
79%
High-School Grad
3.0 sq mi
ZIP Area
7,317
Density / Sq Mi
$36,566
Median Household Income
$28,330
Median Earnings
$1,105
Median Rent
$87,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Chef Shuggy’s House — 929 S 8th St, Camden, NJ 08103
Frequently Asked Questions
What type of property is this?
Flex space - Urban industrial building with drive-in access and a fenced outdoor lot for storage, parking, or equipment staging.
Where is this flex space located?
The property is located at 1213 S 6th St Camden, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 4,155 SF former automotive facility; Drive‑in door measuring approximately 13 feet high by 8 feet wide; Fenced lot for storage, parking, or equipment staging
