Building Details

Year Built 2021

Construction steel

Listing Agency: Berkshire Hathaway HomeServices Zack Shore Realtors

Listed By: Curtis Lee · License #0569686 Show Phone

Source: Obrienrealtyllc

Added: Jul 27 Changed: Sep 4 Last Checked: Oct 7 at 3:48PM

Report an Issue

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 Berkshire Hathaway HomeServices Zack Shore Realtors

Investment Insights

Based on property information with market context.

Constructed in 2021, this flex property pairs office accommodation with a custom steel warehouse measuring 50 by 80 feet. The office component is furnished, and office equipment is included with the sale, providing an established administrative setup alongside the industrial area.

The property is located at 30 Bolton Ln in West Creek, Stafford Township, New Jersey, within an established commercial area. Its combined office and warehouse configuration is suited to businesses that require both workspace and operational storage or production space, including contractors, distributors, and small manufacturers.

Key Highlights

• Custom steel building constructed in 2021
• 50' x 80' warehouse area
• Office furniture and equipment included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$61,200

Cap Rate

7.20%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,224,000 $1.2M

Cap Rate 7%

$874,286 $874.3K

Cap Rate 9%

$680,000 $680.0K

Market Conditions

NOI Build-Up for 4,000 SF

Gross rent

$120.0K $30.00/SF

− Vacancy

−$38.4K −$9.60/SF

EGI

$81.6K $20.40/SF

− OpEx

−$20.4K −$5.10/SF

NOI

$61.2K $15.30/SF

Area

Ocean County, NJ

Vacancy

32.00%

Lease Rate

$30.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,224,000

Cap Rate 7%

$874,286

Cap Rate 9%

$680,000

Alternative Uses

Best Use

Office B

$874.3K

$765.0K – $1.02M (±1% cap)

NOI $61,200 @ 7.0% cap · market cap 7.20%

Second Best

Warehouse

$778.8K

$681.5K – $908.6K (±1% cap)

NOI $54,518 @ 7.0% cap · market cap 6.41%

Theoretical Best

Office A

$1.04M

$913.9K – $1.22M (±1% cap)

NOI $73,114 @ 7.0% cap · market cap 8.60%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Storage Facility Home Appliance Store

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

62

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 08092, NJ

3,596

Population

1,475

Households

2.4

Avg Household Size

44

Median Age

36%

College-Educated

96%

High-School Grad

22.9 sq mi

ZIP Area

157

Density / Sq Mi

$97,058

Median Household Income

$57,931

Median Earnings

$1,408

Median Rent

$473,600

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Flex Space with Workshop

361 Main Street, West Creek, NJ 08092

$799,000

1.85 Acres

View details

Marine Service Flex Property

177 Main Street, West Creek, NJ 08092

$1,450,000

2.00 Acres

View details

Conventional Restaurant Property

1116 S Main St, West Creek, NJ 08092

$275,000

View details

Operating Pizzeria Business

WEST CREEK NJ 08092, West Creek, NJ 08092

$275,000

View details

Frequently Asked Questions

What type of property is this?

Flex space - Steel construction combines administrative space with a dedicated warehouse area.

Where is this flex space located?

The property is located at 30 Bolton Ln West Creek, NJ.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Custom steel building constructed in 2021; 50' x 80' warehouse area; Office furniture and equipment included