Industrial Warehouse For
148 Compton Road Wantage, NJ 07461
For Sale
Contact for pricing
Warehouse property opportunity offering sizable industrial space in Wantage, New Jersey.
Property Size30,000 SF
Price / SF$155
Days on Market57
Property Features for 148 Compton Road
General Information
- Standard status
- Active
- Size
- 30,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1990
Listing Agency:
Marcus & Millichap - New Jersey
Listed By:
Alan Cafiero · License #NJ 0791092
Source:
Crexi
Added: May 29
Changed: Jul 10
Last Checked: Jul 23 at 4:58AM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
This offering presents an industrial warehouse property available for sale, totaling about 30,000 square feet. The asset is positioned as warehouse and industrial real estate, suited for users seeking dedicated bulk space for storage, distribution, or other warehouse-based operations.
The property is located at 148 Compton Road in Wantage, within Sussex County, New Jersey. It is marketed as a standalone real estate opportunity and is being presented exclusively for sale.
For prospective tenants, buyers, and operators, the primary consideration is the availability of a sizable warehouse footprint designed to accommodate industrial use. Depending on the specific operational needs, users may evaluate the space for logistics, inventory storage, or warehouse functions consistent with industrial real estate. Interested parties can inquire for additional details on the building and any site features not provided in the public remarks.
The property is located at 148 Compton Road in Wantage, within Sussex County, New Jersey. It is marketed as a standalone real estate opportunity and is being presented exclusively for sale.
For prospective tenants, buyers, and operators, the primary consideration is the availability of a sizable warehouse footprint designed to accommodate industrial use. Depending on the specific operational needs, users may evaluate the space for logistics, inventory storage, or warehouse functions consistent with industrial real estate. Interested parties can inquire for additional details on the building and any site features not provided in the public remarks.
Key Highlights
- Warehouse property at 148 Compton Road in Wantage, New Jersey
- Built in 1990
Financial Insights For Warehouse
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 | $511.2k | $17.04 |
| − Vacancy | −$30.2k | −$1.01 |
| EGI | $481.0k | $16.03 |
| − OpEx | −$72.2k | −$2.41 |
| NOI | $408.9k | $13.63 |
30,000 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.84M
$5.11M – $6.81M
NOI $408,883 @ 7.0% cap · market cap 8.79%
Second Best
Industrial
$4.81M
$4.21M – $5.61M
NOI $336,727 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$7.83M
$6.85M – $9.14M
NOI $548,352 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
GDS Foods Inc
Big Box & Wholesale Store
Similar Off Market Nearby
- WPF HANGARS — 130 Compton Rd, Sussex, NJ 07461
- WPF Unlimited - Storage — 130 Compton Rd, Sussex, NJ 07461
FAQs
What type of property is this?
Warehouse - Warehouse property opportunity offering sizable industrial space in Wantage, New Jersey.
Where is this warehouse located?
The property is located at 148 Compton Road Wantage, NJ.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Warehouse property at 148 Compton Road in Wantage, New Jersey; Built in 1990
