Freestanding Industrial Flex
For Sale
$1,625,000
1748 S Burlington Road Bridgeton, Bridgeton, NJ 08302
Freestanding 21,000 SF building on 4.58 acres in a B2 Commercial Zone with a large-span open layout.
Property Size21,000 SF
Lot Size4.58 Acres
Price / SF$77.38
Days on Market53
Property Features for 1748 S Burlington Road Bridgeton
General Information
Standard status
Active
Size
21,000 SF
Total Parking Spaces
35
Lot size
4.58 Acres
Zoning
B2
Taxes and HOA fees
Annual Taxes
$21,032
Amenities
BRIDGETON
Other
Public Sewer
CUMBERLAND
ACTIVE
B2
Central A/C
Forced Air
00003
Upper Deerfield Twp (20613)
2025
Electric
Fee Simple
Landis Avenue to Carll's Corner south on S Burlington Rd.
0-30 Days CD
1930
No
No Stairs
Auto Related,Bowling Alley,Cold Storage,Flex,Garden Center,Health Club,Manufacturing,Medical,Other/General Retail,Parking Garage,Parking Lot,Professional,Recreation,Religious Facility,Storage,Truck M
Industrial Park
Commercial Sale
Square Feet
Active
Mixed Use
21032.0
Estimated
638700.0
Cash,Contract,Conventional
199505.00
Block
77.38
Concrete,Carpet,Vinyl,Wood
Natural Gas
Yes
15' to 18'
Well
0.00 x 0.00
4.58
Assessor
Parking Lot
25
21000.00
362700.00
35
Building Details
Building Size
21,000 SF
Year Built
1930
Listing Agency:
Eagle Commercial Real Estate
(609) 891-3848
Listed By:
Christine Barrett · License #L0562601
(609) 891-3848
Source:
Remaxwelcomehomenj
Added: Jul 10
Changed: Aug 31
Last Checked: Aug 31 at 12:49PM
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 Eagle Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding commercial building offers approximately 21,000 square feet of large-span, open interior space, originally constructed circa 1930. The open layout is well suited for warehouse, flex space, contractor use, or other adaptive commercial applications, with room for reconfiguration based on an operator’s needs.
The property sits on 4.58 acres and is located on S Burlington Road in Upper Deerfield Township, within the B2 Commercial Zone. It also benefits from visibility associated with the heavily traveled Carlls Corner area, along with additional exposure from Route 77 (N Pearl Street). The site includes ample on-site parking and a layout intended to support efficient ingress and egress.
A zoning range for “a broad range of commercial uses” is noted, which may support repositioning or redevelopment depending on the intended direction for the site and improvements.
The property sits on 4.58 acres and is located on S Burlington Road in Upper Deerfield Township, within the B2 Commercial Zone. It also benefits from visibility associated with the heavily traveled Carlls Corner area, along with additional exposure from Route 77 (N Pearl Street). The site includes ample on-site parking and a layout intended to support efficient ingress and egress.
A zoning range for “a broad range of commercial uses” is noted, which may support repositioning or redevelopment depending on the intended direction for the site and improvements.
Key Highlights
- Freestanding 21,000 SF commercial building built circa 1930 with a large‑span open layout
- Located on 4.58 acres in the B2 Commercial Zone in Upper Deerfield Township
- Large open space with clear span ceiling height of 15' to 18' for warehouse, flex, or similar uses
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
$147,316
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
9.07%
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%
$2,946,320
$2.9M
Cap Rate 7%
$2,104,514
$2.1M
Cap Rate 9%
$1,636,844
$1.6M
Market Conditions
NOI Build-Up for 21,000 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
$189.0K $9.00/SF
− Vacancy
−$15.7K −$0.75/SF
EGI
$173.3K $8.25/SF
− OpEx
−$26.0K −$1.24/SF
NOI
$147.3K $7.02/SF
Area
Cumberland County, NJ
Vacancy
8.30%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
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%
$2,946,320
Cap Rate 7%
$2,104,514
Cap Rate 9%
$1,636,844
Alternative Uses
Best Use
Flex RnD
$3.21M
$2.81M – $3.75M
NOI $224,816 @ 7.0% cap · market cap 13.83%
Second Best
Warehouse
$2.10M
$1.84M – $2.46M
NOI $147,316 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$31.53M
$27.59M – $36.79M
NOI $2,207,218 @ 7.0% cap · market cap 135.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08302, NJ
47,826
Population
16,038
Households
3
Avg Household Size
36
Median Age
13%
College-Educated
77%
High-School Grad
142.6 sq mi
ZIP Area
335
Density / Sq Mi
$60,301
Median Household Income
$34,137
Median Earnings
$1,351
Median Rent
$202,000
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Flex space - Freestanding 21,000 SF building on 4.58 acres in a B2 Commercial Zone with a large-span open layout.
Where is this flex space located?
The property is located at 1748 S Burlington Road Bridgeton Bridgeton, NJ.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Freestanding 21,000 SF commercial building built circa 1930 with a large‑span open layout; Located on 4.58 acres in the B2 Commercial Zone in Upper Deerfield Township; Large open space with clear span ceiling height of 15' to 18' for warehouse, flex, or similar uses
