Industrial-Flex Building with Drive-In
15 Fairview Avenue Little Silver, NJ 07739
15 Fairview Avenue, Little Silver, NJ, 07739
Contact for pricing
For Sale
Contact for pricing
Well-maintained industrial/flex building offers two 15-foot automatic drive-in doors, finished office space with A/C, and 13.7-foot clear height.
Property Size3,900 SF
Lot Size0.37 Acres
Price / SF$333.33
Days on Market15
Property Features for 15 Fairview Avenue
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Lot size
- 0.37 Acres
- Property subtype
- Industrial
Listing Agency
Starker Commercial Realty LLC
Listed by
Susan Taylor · License #NJ 0449027
Source
Crexi
Added: Jul 7 Updated: Jul 10 at 4:03 pm Checked: Jul 16 at 6:52 am
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 Starker Commercial Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained 3,900-square-foot industrial/flex building is set on a 90' x 180' (irregular) lot and built for functional day-to-day operations. The warehouse area includes two 15-foot automatic drive-in doors and 13.7-foot clear ceiling height (12 feet to beam). Finished office space is included with air conditioning, along with a warehouse heating unit to support year-round use.
The property is located on Fairview Avenue in Little Silver, with access to Route 35, Route 36, and the Garden State Parkway. It is minutes from Downtown Red Bank and the Little Silver NJ Transit Station.
Additional building improvements noted include a roof replacement in 2013. The layout supports a range of industrial/flex applications, including warehouse, light manufacturing, contractor, service, distribution, and flex users.
The property is located on Fairview Avenue in Little Silver, with access to Route 35, Route 36, and the Garden State Parkway. It is minutes from Downtown Red Bank and the Little Silver NJ Transit Station.
Additional building improvements noted include a roof replacement in 2013. The layout supports a range of industrial/flex applications, including warehouse, light manufacturing, contractor, service, distribution, and flex users.
Key Highlights
- 3,900 SF well‑maintained industrial/flex building with finished office space and open warehouse layout.
- Two 15’ automatic drive‑in doors for easy loading and truck access.
- 13.7’ clear ceiling height (12’ to beam) with finished office space.
Local 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 | $126.8k | $32.52 |
| − Vacancy | −$28.4k | −$7.28 |
| EGI | $98.4k | $25.24 |
| − OpEx | −$34.4k | −$8.83 |
| NOI | $64.0k | $16.40 |
3,900 SF · lease $32.52/SF/yr · vacancy 22.40% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$913.9K
$799.7K – $1.07M
NOI $63,972 @ 7.0% cap · market cap 4.92%
Second Best
Warehouse
$648.5K
$567.5K – $756.6K
NOI $45,397 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.02M
$891.1K – $1.19M
NOI $71,286 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Well-maintained industrial/flex building offers two 15-foot automatic drive-in doors, finished office space with A/C, and 13.7-foot clear height.
Where is this flex space located?
The property is located at 15 Fairview Avenue Little Silver, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3,900 SF well‑maintained industrial/flex building with finished office space and open warehouse layout.; Two 15’ automatic drive‑in doors for easy loading and truck access.; 13.7’ clear ceiling height (12’ to beam) with finished office space.
