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Fitness Center Unit with Sprung Floor

23659 COLUMBUS ROAD #5, Columbus, NJ 08022

For Sale
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Flexible commercial unit with open floor area, support rooms, and shared parking.

Property Size1,350 SF
Price / SF$1.48
Days on Market98

Property Features for 23659 COLUMBUS ROAD #5

General Information

Standard status Active
Size 1,350 SF
Property subtype Commercial

Amenities

multi-use Stage Step Sprung Floor system

Building Details

Year Built 2004
Listing Agency: RE/MAX at Home
Listed By: James M Large · License #RS348645
Source: Cummingsrealtors
Added: Aug 4 Changed: Nov 8 Last Checked: Nov 8 at 6:34AM

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 RE/MAX at Home

Rey
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Investment Insights

Based on property information with market context.

This 1,350-square-foot fitness center unit offers a broad open area supported by a coat room, bathroom, and a combined storage, changing, and small office area. A Stage Step Sprung Floor system remains installed, providing a defined feature for movement- or performance-oriented activities. The unit was recently used as a dance studio and DOT office, reflecting its adaptable interior configuration.

Built in 2004, the property is located at 23659 Columbus Road, Unit 5, in Columbus, New Jersey. A large shared parking lot serves the property, adding practical convenience for staff, visitors, and class participants.

Key Highlights

  • 1,350 SF fitness center unit with a large open area
  • Stage Step Sprung Floor system installed
  • Coat room, bathroom, storage, changing room, and small office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,111
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,220 $242.2K
Cap Rate 7%
$173,014 $173.0K
Cap Rate 9%
$134,567 $134.6K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$18.1K $13.44/SF
− Vacancy
−$2.0K −$1.48/SF
EGI
$16.1K $11.96/SF
− OpEx
−$4.0K −$2.99/SF
NOI
$12.1K $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 Rate 5%
$242,220
Cap Rate 7%
$173,014
Cap Rate 9%
$134,567

Alternative Uses

Best Use
Office B
$173.0K
$151.4K – $201.9K (±1% cap)
NOI $12,111 @ 7.0% cap · market cap 605.55%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$288.4K
$252.4K – $336.5K (±1% cap)
NOI $20,188 @ 7.0% cap · market cap 1,009.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Cathy Reimers ... Physician Valerie Iovine Physician Thomas Bertini Physician Lorane Stitcher Physician Mr. Mark Muir Physician

Suggested Use

Top Pick Auto Repair Shop Restaurant Big Box & Wholesale Store Auto Parts Store Law Firm Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby
Balanced
Demand for This Use

Demographics for 08022, NJ

9,025
Population
3,709
Households
2.4
Avg Household Size
52
Median Age
42%
College-Educated
95%
High-School Grad
21.3 sq mi
ZIP Area
424
Density / Sq Mi
$118,558
Median Household Income
$73,750
Median Earnings
$1,971
Median Rent
$394,900
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

Similar Off Market Nearby

  • Ivy Rehab Physical Therapy — 23204 Columbus Rd, Columbus, NJ 08022
  • It's A New Dawn — 11 Pschorn Ln, Hillsborough Township, NJ 08844

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Flexible commercial unit with open floor area, support rooms, and shared parking.
Where is this fitness center & gym located?
The property is located at 23659 COLUMBUS ROAD #5 Columbus, NJ.
What are key features of this property?
This property features: 1,350 SF fitness center unit with a large open area; Stage Step Sprung Floor system installed; Coat room, bathroom, storage, changing room, and small office
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Includes: Price & PSF · Cap rate · Location · Zoning

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