Sparta Twp. Commercial
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
(201) 870-4538
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
NOI $133,098 @ 7.0% cap · market cap 8.87%
Second Best
Industrial
$1.50M
$1.31M – $1.74M
NOI $104,666 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$2.43M
$2.13M – $2.84M
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
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.