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20 Wilson Dr, Sparta, NJ, 07871
Sparta Twp. Commercial Property

20 Wilson Dr Sparta, NJ 07871

For Sale
$1,500,000
Pending

9,325 sqft commercial property in Sparta Twp., NJ for sale.

Property Size9,325 SF
Lot Size1.84 Acres
Days on Market245

Property Features for 20 Wilson Dr

General Information

Standard status
Pending
Size
9,325 SF
Lot size
1.84 Acres
Property subtype
Commercial

Building Details

Year Built
1994
Listing Agency: UBIQUITY REAL ESTATE GROUP
Listed By: KRISTIE BOCHMAN
Source: Corcoran
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 23 at 8:35AM

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 UBIQUITY REAL ESTATE GROUP


Investment Insights

Based on property information with market context.

This commercial property, located in Sparta Twp., NJ, offers 9,325 square feet of space. The property is suitable for auto shops, automotive businesses, and retail purposes, presenting a range of potential commercial applications.

Key Highlights

  • 9,325 sqft commercial property for sale.
  • Located in Sparta Twp., NJ.
  • Built in 1994.

Financial Insights For Retail

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 $201.4k $21.60
− Vacancy −$11.3k −$1.21
EGI $190.1k $20.39
− OpEx −$57.0k −$6.12
NOI $133.1k $14.27
9,325 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.90M
$1.66M – $2.22M (±1% cap)
NOI $133,098 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$1.50M
$1.31M – $1.74M (±1% cap)
NOI $104,666 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M (±1% cap)
NOI $170,446 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

B & W Plastics Industrial Manufacturer

Suggested Use

Pharmacy Cafe & Coffee Shop HVAC Service Hair Salon Barber Shop Home Appliance Store Nail Salon (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Studers Automotive LLC — 8 Park Lake Rd, Sparta Township, NJ 07871
  • Auto Glass Direct — 32 White Lake Rd, Sparta, NJ 07871
  • Hayden's Service Center — 28 Demarest Rd, Sparta, NJ 07871
  • Unicar Autobody — 12 Brookfield Dr, Sparta, NJ 07871
  • Lafayette Discount Tire & Auto — 35 McCloud Rd, Lafayette, NJ 07848

FAQs

What type of property is this?
Auto shop - 9,325 sqft commercial property in Sparta Twp., NJ for sale.
Where is this auto shop located?
The property is located at 20 Wilson Dr Sparta, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9,325 sqft commercial property for sale.; Located in Sparta Twp., NJ.; Built in 1994.
More about this property
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