Masonry Flex Showroom
1050 Valley St Vauxhall, NJ 07088
For Sale
$2,000,000
Vacant masonry building with large open space, two showroom areas, and multiple loading bays across two combined units.
Property Size11,500 SF
Price / SF$173.91
Days on Market67
Property Features for 1050 Valley St
General Information
- Standard status
- Active
- Size
- 11,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1970
Listing Agency:
Listed By:
CLAUDIA TORRISI
Source:
Elliman
Added: May 20
Changed: Jul 20
Last Checked: Jul 25 at 11:58AM
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 CLAUDIA TORRISI
Investment Insights
Based on property information with market context.
This vacant, well-maintained masonry commercial property offers approximately 11,500 square feet of usable space with a large open floor plan and two showroom areas. The building is arranged as two buildings in one, split into approximately 7,500 square feet and 3,500 square feet. High ceilings and multiple access points support a flexible mix of commercial or industrial uses, subject to applicable approvals.
The property is positioned along an active business corridor in Union Township’s Vauxhall area, with proximity to major retailers and surrounding residential neighborhoods. Access is described as convenient to Interstate 78, the Garden State Parkway, and Route 82, supporting regional connectivity.
On-site, the larger unit includes two loading bays, while the smaller unit has one loading bay. The configuration also provides an option to tear down one unit for additional parking spaces if needed, subject to buyer due diligence and approvals. Buyers should perform their own due diligence regarding zoning, use, measurements, and flood zone status.
The property is positioned along an active business corridor in Union Township’s Vauxhall area, with proximity to major retailers and surrounding residential neighborhoods. Access is described as convenient to Interstate 78, the Garden State Parkway, and Route 82, supporting regional connectivity.
On-site, the larger unit includes two loading bays, while the smaller unit has one loading bay. The configuration also provides an option to tear down one unit for additional parking spaces if needed, subject to buyer due diligence and approvals. Buyers should perform their own due diligence regarding zoning, use, measurements, and flood zone status.
Key Highlights
- Vacant masonry commercial building built in 1970 with approximately 11,500 SF of usable space
- Two buildings in one: split into approximately 7,500 SF and 3,500 SF with multiple access points
- Includes two showroom areas, large open floor plan, and high ceilings
Financial Insights For Flex RnD
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 | $310.5k | $27.00 |
| − Vacancy | −$37.3k | −$3.24 |
| EGI | $273.2k | $23.76 |
| − OpEx | −$95.6k | −$8.32 |
| NOI | $177.6k | $15.44 |
11,500 SF · lease $27.00/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.54M
$2.22M – $2.96M
NOI $177,606 @ 7.0% cap · market cap 8.88%
Second Best
Retail
$2.34M
$2.05M – $2.74M
NOI $164,143 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$3.00M
$2.63M – $3.50M
NOI $210,202 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Glass Plus LLC
Kitchen & Bath Showroom
Similar Off Market Nearby
- Danielle's Catering — 26 Washington Ave, Springfield, NJ 07081
FAQs
What type of property is this?
Flex space - Vacant masonry building with large open space, two showroom areas, and multiple loading bays across two combined units.
Where is this flex space located?
The property is located at 1050 Valley St Vauxhall, NJ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Vacant masonry commercial building built in 1970 with approximately 11,500 SF of usable space; Two buildings in one: split into approximately 7,500 SF and 3,500 SF with multiple access points; Includes two showroom areas, large open floor plan, and high ceilings
