Warehouse with Fenced Outdoor
For Sale
$1,800,000
145 11th St #145, Piscataway, NJ 08854
Two-unit industrial space includes secured exterior storage and zoning for warehousing and light manufacturing.
Property Size7,200 SF
Lot Size1.09 Acres
Price / SF$250
Days on Market19
Property Features for 145 11th St #145
General Information
Standard status
Active
Size
7,200 SF
Lot size
1.09 Acres
Property subtype
Commercial
Zoning
LI-1
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Clear Height
12 ft
Building Details
Building Size
7,200 SF
Year Built
1965
Buildings
1
Stories
1
Units
2
Listing Agency:
Bhhs Fox & Roach
(732) 469-1515
Listed By:
Tim Deluccia · License #8243435
(732) 907-2901
Source:
Cammarotarealestate
Added: Oct 5
Changed: Oct 22
Last Checked: Oct 22 at 9:07AM
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 Bhhs Fox & Roach
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Investment Insights
Based on property information with market context.
This 7,200-square-foot warehouse occupies 1.09 acres and is configured as two units of 6,000 and 1,200 square feet. The building has four overhead doors, with openings measuring 12 by 12 feet and 10 by 10 feet, plus 12-foot clear ceilings. A new roof and fenced outdoor storage are also included.
LI-1 zoning permits warehousing and light manufacturing. Both units are occupied on month-to-month leases.
LI-1 zoning permits warehousing and light manufacturing. Both units are occupied on month-to-month leases.
Key Highlights
- 7,200‑square‑foot building on 1.09 acres
- Two units: 6,000 square feet and 1,200 square feet
- Four overhead doors, with 12' x 12' and 10' x 10' openings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,649
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,092,980
$2.1M
Cap Rate 7%
$1,494,986
$1.5M
Cap Rate 9%
$1,162,767
$1.2M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$209.1K $29.04/SF
− Vacancy
−$48.1K −$6.68/SF
EGI
$161.0K $22.36/SF
− OpEx
−$56.3K −$7.83/SF
NOI
$104.6K $14.53/SF
Area
Middlesex County, NJ
Vacancy
23.00%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,092,980
Cap Rate 7%
$1,494,986
Cap Rate 9%
$1,162,767
Alternative Uses
Best Use
Flex RnD
$1.49M
$1.31M – $1.74M
NOI $104,649 @ 7.0% cap · market cap 5.81%
Second Best
Warehouse
$1.40M
$1.23M – $1.64M
NOI $98,132 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M
NOI $131,604 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08854, NJ
60,545
Population
18,069
Households
3.4
Avg Household Size
34
Median Age
50%
College-Educated
92%
High-School Grad
18.9 sq mi
ZIP Area
3,203
Density / Sq Mi
$126,331
Median Household Income
$42,397
Median Earnings
$1,929
Median Rent
$423,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Easi Self Storage Unit — 3060 new brunswick ave, piscataway, nj 08854
- Rebel Trucking & Rigging, LLC — 1640 New Market Ave Building 1D, South Plainfield, NJ 07080
Frequently Asked Questions
What type of property is this?
Warehouse - Two-unit industrial space includes secured exterior storage and zoning for warehousing and light manufacturing.
Where is this warehouse located?
The property is located at 145 11th St #145 Piscataway, 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: 7,200‑square‑foot building on 1.09 acres; Two units: 6,000 square feet and 1,200 square feet; Four overhead doors, with 12' x 12' and 10' x 10' openings
