Automotive Repair Shop with Drive-In
151 Route 168 S Blackwood Blackwood, NJ 08012
For Sale
$710,000
For sale automotive repair facility with two buildings, six drive-in bay doors, and workshop equipment.
Property Size5,427 SF
Lot Size1.07 Acres
Price / SF$130.83
Days on Market24
Property Features for 151 Route 168 S Blackwood
General Information
- Standard status
- Active
- Size
- 5,427 SF
- Lot size
- 1.07 Acres
Building Details
- Year Built
- 1947
Listing Agency:
(609) 891-3848
Listed By:
Sharon Sawka
(609) 891-3848
Source:
Remaxwelcomehomenj
Added: Jun 30
Changed: Jul 23
Last Checked: Jul 23 at 8:36AM
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 Sharon Sawka
Investment Insights
Based on property information with market context.
The property includes two automotive repair buildings totaling 5,427+/- SF GBA, divided into two units. One building is a partial two-story automotive repair facility with a second-floor mezzanine storage room, and the second building provides additional automotive repair space. Both buildings feature six (6) drive-in bay doors, concrete floors, and two (2) bathrooms, with one bathroom in each building. The facility includes a working security system and an on-site office for greeting customers. Equipment included (with exclusions for personal items and some tools) consists of items such as a wheel alignment machine, jack and jack stand, tire changer equipment, transmission jack, diagnostic tools, air guns, power tools, engine hoists, workbenches, and air compressors. Heating includes gas-fired forced warm air in the smaller building and oil heat in the larger building, which has an above-ground oil tank. The seller notes that septic systems will need to be updated by the buyer, the property is sold AS IS, and there is no central air conditioning.
The site is an irregularly shaped interior parcel on Route 168 with additional access and egress from the rear lot via Hurff Lane (50 feet wide) and ingress from Route 168. The roadside billboard lot is included and the billboard is leased for advertising to two tenants with 360 SF of advertising space each. The large parking lot provides parking for vehicles and large trucks, and the rear lots are also rented by the sellers.
Egress/ingress is supported by Route 168 frontage and rear access to Hurff Lane. The seller also indicates the presence of an artesian well. All showings require coordination with the listing agent and appointments should be scheduled in advance.
The site is an irregularly shaped interior parcel on Route 168 with additional access and egress from the rear lot via Hurff Lane (50 feet wide) and ingress from Route 168. The roadside billboard lot is included and the billboard is leased for advertising to two tenants with 360 SF of advertising space each. The large parking lot provides parking for vehicles and large trucks, and the rear lots are also rented by the sellers.
Egress/ingress is supported by Route 168 frontage and rear access to Hurff Lane. The seller also indicates the presence of an artesian well. All showings require coordination with the listing agent and appointments should be scheduled in advance.
Key Highlights
- Automotive repair facility with two buildings totaling 5,427+/- SF GBA, divided into 2 units
- Six (6) drive‑in bay doors plus high‑ceiling garage space and concrete floors in both buildings
- Mechanic/workshop equipment includes 4 rotary post lifts, 2 electrical compressors, wheel alignment machine, tire changer, transmission jack, and engine hoists
Financial Insights For Industrial
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 | $81.4k | $15.00 |
| − Vacancy | −$5.9k | −$1.08 |
| EGI | $75.5k | $13.92 |
| − OpEx | −$22.7k | −$4.18 |
| NOI | $52.9k | $9.74 |
5,427 SF · lease $15.00/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Industrial
$755.4K
$661.0K – $881.4K
NOI $52,881 @ 7.0% cap · market cap 7.45%
Second Best
Retail
$746.5K
$653.2K – $870.9K
NOI $52,254 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,323 @ 7.0% cap · market cap 13.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Atamax Automotive — 127 Greentree Rd ste 1, Blackwood, NJ 08012
- MIDAS — 4891 nj-42, turnersville, nj 08012
- Just Tires — 5781 NJ-42, Blackwood, NJ 08012
- Jiffy Lube — 5781 NJ-42, Blackwood, NJ 08012
- ASAP Autoworx — 127 Greentree Rd #5, Turnersville, NJ 08012
FAQs
What type of property is this?
Auto shop - For sale automotive repair facility with two buildings, six drive-in bay doors, and workshop equipment.
Where is this auto shop located?
The property is located at 151 Route 168 S Blackwood Blackwood, NJ.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Automotive repair facility with two buildings totaling 5,427+/- SF GBA, divided into 2 units; Six (6) drive‑in bay doors plus high‑ceiling garage space and concrete floors in both buildings; Mechanic/workshop equipment includes 4 rotary post lifts, 2 electrical compressors, wheel alignment machine, tire changer, transmission jack, and engine hoists
