Industrial Building with Overhead
For Sale
$1,200,000
185-187 Oakland, Trenton, NJ 08618
Manufacturing facility with a drive-in door, small office, and industrial overhead crane.
Property Size5,500 SF
Lot Size1.65 Acres
Price / SF$218.18
Days on Market155
Property Features for 185-187 Oakland
General Information
Standard status
Active
Size
5,500 SF
Lot size
1.65 Acres
Property subtype
Commercial
Lease Term
[]
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Building Details
Year Built
1950
Listing Agency:
Joseph R Ridolfi & Associates LLC
Listed By:
Joseph R Ridolfi · License #7819144
(609) 581-4848
Source:
Deepcreeklake
Added: May 9
Changed: Oct 7
Last Checked: Oct 10 at 1:32AM
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 Joseph R Ridolfi & Associates LLC
Investment Insights
Based on property information with market context.
The property is a 5,500+/- SF industrial/manufacturing building on 1.65+/- acres. Improvements include a small office area, 16'-18' ceilings, a drive-in door, and an industrial overhead crane suitable for light manufacturing and material handling. This offering is subject to an owner leaseback for the industrial portion through March 2028.
The building is located at 185-187 Oakland Street in Trenton, NJ 08618. The site size supports on-building industrial operations tied to the drive-in door and overhead crane configuration. Sale terms also specify that the owner will continue to pay property taxes, insurance, heat, electric, water, sewer, and lawn maintenance during the leaseback period.
For buyers evaluating owner-occupied or phased acquisition strategies, the current structure supports industrial use with functional clear height and equipment handling. Tenants and operators seeking manufacturing space with a small office component may find the drive-in access and overhead crane arrangement practical for day-to-day operations, with ownership transitioning after the leaseback ends in March 2028.
The building is located at 185-187 Oakland Street in Trenton, NJ 08618. The site size supports on-building industrial operations tied to the drive-in door and overhead crane configuration. Sale terms also specify that the owner will continue to pay property taxes, insurance, heat, electric, water, sewer, and lawn maintenance during the leaseback period.
For buyers evaluating owner-occupied or phased acquisition strategies, the current structure supports industrial use with functional clear height and equipment handling. Tenants and operators seeking manufacturing space with a small office component may find the drive-in access and overhead crane arrangement practical for day-to-day operations, with ownership transitioning after the leaseback ends in March 2028.
Key Highlights
- 5500+/- SF industrial/manufacturing building on 1.65+/- acres
- Industrial overhead crane plus 16'-18' ceilings
- Includes small office and a drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,897
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,057,940
$2.1M
Cap Rate 7%
$1,469,957
$1.5M
Cap Rate 9%
$1,143,300
$1.1M
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$158.4K $28.80/SF
− Vacancy
−$11.4K −$2.07/SF
EGI
$147.0K $26.73/SF
− OpEx
−$44.1K −$8.02/SF
NOI
$102.9K $18.71/SF
Area
Mercer County, NJ
Vacancy
7.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,057,940
Cap Rate 7%
$1,469,957
Cap Rate 9%
$1,143,300
Alternative Uses
Best Use
Industrial
$1.47M
$1.29M – $1.71M
NOI $102,897 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,869 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 08618, NJ
37,544
Population
15,284
Households
2.5
Avg Household Size
34
Median Age
24%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
6,363
Density / Sq Mi
$48,179
Median Household Income
$33,040
Median Earnings
$1,117
Median Rent
$211,800
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing facility with a drive-in door, small office, and industrial overhead crane.
Where is this manufacturing property located?
The property is located at 185-187 Oakland Trenton, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5500+/- SF industrial/manufacturing building on 1.65+/- acres; Industrial overhead crane plus 16'-18' ceilings; Includes small office and a drive‑in door
