Single-Story Manufacturing
For Sale
$1,200,000
185 Oakland, Trenton, NJ 08618
Cinder block industrial facility with an overhead crane, drive-in access, and dedicated office area.
Property Size5,500 SF
Lot Size1.65 Acres
Price / SF$218.18
Days on Market72
Property Features for 185 Oakland
General Information
Standard status
Active
Size
5,500 SF
Lot size
1.65 Acres
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
1
Building Details
Year Built
1950
Stories
1
Building Size
5,500 SF
Construction
cinder block
Listing Agency:
Joseph R Ridolfi & Associates LLC
Listed By:
Joseph R Ridolfi · License #7819144
(609) 581-4848
Source:
Mynewjerseyrealestate
Added: Aug 3
Changed: Oct 5
Last Checked: Oct 7 at 4:23PM
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.
This single-story manufacturing facility contains approximately 5,500 SF within a cinder block building constructed in 1950. The property includes a small office, a drive-in door, 16- to 18-foot ceiling clearance, and an industrial overhead crane. The building is situated on approximately 1.65 acres at 185 Oakland in Trenton, New Jersey.
The sale is subject to an owner leaseback for continued industrial use through March 2028. The leaseback includes the owner’s payment of property taxes, insurance, heat, electric, water, sewer, and lawn maintenance.
The sale is subject to an owner leaseback for continued industrial use through March 2028. The leaseback includes the owner’s payment of property taxes, insurance, heat, electric, water, sewer, and lawn maintenance.
Key Highlights
- 5,500+/- SF single‑story cinder block industrial/manufacturing building
- 1.65+/- acres
- 16' - 18' ceilings
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
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,869 @ 7.0% cap · market cap 10.32%
Second Best
Industrial
$1.47M
$1.29M – $1.71M
NOI $102,897 @ 7.0% cap · market cap 8.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Cinder block industrial facility with an overhead crane, drive-in access, and dedicated office area.
Where is this manufacturing property located?
The property is located at 185 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: 5,500+/- SF single‑story cinder block industrial/manufacturing building; 1.65+/- acres; 16' - 18' ceilings
