Industrial Building on 1.09
For Sale
$1,800,000
Pending
145 11th St, Piscataway, NJ 08854
7,200 SF industrial building with fenced outdoor storage.
Property Size7,200 SF
Lot Size1.09 Acres
Days on Market371
Property Features for 145 11th St
General Information
Standard status
Pending
Size
7,200 SF
Lot size
1.09 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$18,729
Amenities
Central air
3 Units Heating
Blacktop Driveway
Central Air Cooling
Flat Roof
Level Lot
Parking Lot-Exclusive
Building Details
Year Built
1965
Listing Agency:
BHHS FOX & ROACH
(732) 469-1515
Listed By:
TIM DELUCCIA · License #8243435
(908) 938-6405
Source:
Corcoran
Added: Oct 13, 2025
Changed: Oct 15
Last Checked: Oct 16 at 9:16AM
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 industrial building is situated on 1.09 acres. The property features four overhead doors, with dimensions of 12' x 12' and 10' x 10'. The building has 12' clear ceilings. Currently, the property is divided into two units, one of 6,000 square feet and another of 1,200 square feet. A new roof has been installed. The property includes man doors, overhead doors, and a large fenced outdoor storage area. The zoning permits warehousing and light manufacturing. The property is suitable for an owner-user or as an investment property, with both tenants currently on month-to-month leases.
Key Highlights
- 7,200 SF Industrial Building on 1.09 Acres
- Features four overhead doors (12' X 12' and 10' X 10')
- Large fenced outdoor storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,132
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,962,640
$2.0M
Cap Rate 7%
$1,401,886
$1.4M
Cap Rate 9%
$1,090,356
$1.1M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$122.7K $17.04/SF
− Vacancy
−$7.2K −$1.01/SF
EGI
$115.4K $16.03/SF
− OpEx
−$17.3K −$2.41/SF
NOI
$98.1K $13.63/SF
Area
Middlesex County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,962,640
Cap Rate 7%
$1,401,886
Cap Rate 9%
$1,090,356
Alternative Uses
Best Use
Warehouse
$1.40M
$1.23M – $1.64M
NOI $98,132 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
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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Open Analytics
Current Use
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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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 - 7,200 SF industrial building with fenced outdoor storage.
Where is this warehouse located?
The property is located at 145 11th St 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 SF Industrial Building on 1.09 Acres; Features four overhead doors (12' X 12' and 10' X 10'); Large fenced outdoor storage
