Search
Office Building with Bullpen
For Sale
Contact for pricing

2313 Mount Holly Rd, Burlington, NJ 08016

Office suite features 17 private offices, a large bullpen area, and a kitchen, with 25+ parking spaces on B-1 zoned land.

Property Size7,000 SF
Price / SF$213.57
Days on Market390

Property Features for 2313 Mount Holly Rd

General Information

Standard status Active
Size 7,000 SF
Property subtype RETAIL
Zoning B-1

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Large Bullpen Area
Kitchen
Listing Agency: NAI Mertz - Corporate
Listed By: Will Frank · License #2441187
Source: Moodyscre
Added: Aug 19, 2025 Changed: Sep 9 Last Checked: Sep 12 at 4:36AM

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 NAI Mertz - Corporate

Investment Insights

Based on property information with market context.

This office building offers a functional layout with 17 private offices, a large bullpen area, and a kitchen. The property is zoned B-1 and is available immediately, with showings by appointment only.

The building provides great frontage on Mount Holly Road and is positioned in close proximity to 295 and the NJ Turnpike, supporting convenient regional access. Parking is available with 25+ spaces.

The combination of multiple private offices and an open bullpen area creates flexibility for office teams that need both individual workspaces and shared space.

Key Highlights

  • B‑1 zoned office suite with 17 private offices
  • Large bullpen area plus kitchen
  • 25+ parking spaces for the office suite

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$62,798
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.20%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,255,960 $1.3M
Cap Rate 7%
$897,114 $897.1K
Cap Rate 9%
$697,756 $697.8K
Market Conditions
NOI Build-Up for 7,000 SF 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.
Gross rent
$94.1K $13.44/SF
− Vacancy
−$10.3K −$1.48/SF
EGI
$83.7K $11.96/SF
− OpEx
−$20.9K −$2.99/SF
NOI
$62.8K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,255,960
Cap Rate 7%
$897,114
Cap Rate 9%
$697,756

Alternative Uses

Best Use
Office B
$897.1K
$785.0K – $1.05M (±1% cap)
NOI $62,798 @ 7.0% cap · market cap 4.20%
Second Best
no second resolved use
Theoretical Best
Warehouse
$14.64M
$12.81M – $17.08M (±1% cap)
NOI $1,024,826 @ 7.0% cap · market cap 68.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Maria Jobes-Hogan Real Estate Agency Samuel Kersaint, Weichert ... Real Estate Agency Lydia Harper, Weichert ... Real Estate Agency William Brock, Weichert ... Real Estate Agency

Suggested Use

Top Pick Law Firm Hair Salon Auto Parts Store Building Supply Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 08016, NJ

34,617
Population
13,842
Households
2.5
Avg Household Size
41
Median Age
34%
College-Educated
92%
High-School Grad
21.6 sq mi
ZIP Area
1,603
Density / Sq Mi
$92,560
Median Household Income
$49,919
Median Earnings
$1,343
Median Rent
$308,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office suite features 17 private offices, a large bullpen area, and a kitchen, with 25+ parking spaces on B-1 zoned land.
Where is this office units located?
The property is located at 2313 Mount Holly Rd Burlington, NJ.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: B‑1 zoned office suite with 17 private offices; Large bullpen area plus kitchen; 25+ parking spaces for the office suite
(609) 970-5405 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message