2021 Flex Space with
For Sale
$850,000
30 Bolton Ln, West Creek, NJ 08092
Steel construction combines administrative space with a dedicated warehouse area.
Property Size4,000 SF
Price / SF$212.50
Days on Market34
Property Features for 30 Bolton Ln
General Information
Standard status
Active
Size
4,000 SF
Additional Details
Warehouse Space
4,000 SF
Building Details
Year Built
2021
Construction
steel
Listing Agency:
Berkshire Hathaway HomeServices Zack Shore Realtors
(609) 597-6464
Listed By:
Curtis Lee · License #0569686
Source:
Mynewjerseyrealestate
Added: Jul 27
Changed: Aug 28
Last Checked: Aug 25 at 5:13AM
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.
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 = 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
$61,200
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
7.20%
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%
$1,224,000
$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
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
$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 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%
$1,224,000
Cap Rate 7%
$874,286
Cap Rate 9%
$680,000
Alternative Uses
Best Use
Office B
$874.3K
$765.0K – $1.02M
NOI $61,200 @ 7.0% cap · market cap 7.20%
Second Best
Warehouse
$778.8K
$681.5K – $908.6K
NOI $54,518 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$1.04M
$913.9K – $1.22M
NOI $73,114 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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
