Industrial Warehouse with Loading
317 Fairfield Road, Howell, NJ 07728
For Sale
Contact for pricing
A large industrial facility combines warehouse capacity, office space, and three-phase electrical service for distribution operations.
Property Size84,844 SF
Lot Size20.21 Acres
Price / SF$188.58
Days on Market21
Property Features for 317 Fairfield Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Mezzanine
Dock-High Doors
Power
Three-Phase Power
Additional Details
Highway Access
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Starker Commercial Realty LLC
Listed By:
Susan Taylor · License #NJ 0449027
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 5:41PM
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 Starker Commercial Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Howell Township industrial property spans two lots totaling approximately 20.21 acres. Its approximately 84,844 square feet includes about 40,000 square feet of warehouse space with 35-foot clear ceilings, another 32,000 square feet with 17-foot clear ceilings, approximately 8,132 square feet of office area, and a 4,712-square-foot flex mezzanine. The building has 19 dock-high doors, 800-amp three-phase electrical service, LED lighting, and more than 84 parking spaces. The site accommodates truck circulation, loading, parking, and outdoor logistics activity.
The property is approximately 1.1 miles from Route 33 at Brickyard Road, with access to Route 9, Route 18, I-195, the Garden State Parkway, and the New Jersey Turnpike. These connections link the facility with Monmouth County, the Jersey Shore, and the wider Central New Jersey market.
The property is approximately 1.1 miles from Route 33 at Brickyard Road, with access to Route 9, Route 18, I-195, the Garden State Parkway, and the New Jersey Turnpike. These connections link the facility with Monmouth County, the Jersey Shore, and the wider Central New Jersey market.
Key Highlights
- Approximately 84,844 SF of total building area across two lots
- Approximately 20.21 acres
- 40,000 SF warehouse area with 35‑foot clear ceilings and 32,000 SF with 17‑foot clear ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$987,605
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,752,100
$19.8M
Cap Rate 7%
$14,108,643
$14.1M
Cap Rate 9%
$10,973,389
$11.0M
Market Conditions
NOI Build-Up for 84,844 SF
Gross rent
$1.22M $14.40/SF
− Vacancy
−$59.9K −$0.71/SF
EGI
$1.16M $13.69/SF
− OpEx
−$174.3K −$2.05/SF
NOI
$987.6K $11.64/SF
Area
Monmouth County, NJ
Vacancy
4.90%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,752,100
Cap Rate 7%
$14,108,643
Cap Rate 9%
$10,973,389
Alternative Uses
Best Use
Warehouse
$14.11M
$12.35M – $16.46M
NOI $987,605 @ 7.0% cap · market cap 6.17%
Second Best
Industrial
$11.62M
$10.17M – $13.56M
NOI $813,321 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$22.15M
$19.39M – $25.85M
NOI $1,550,813 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
35 ft
Clear height
19
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07728, NJ
56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Monmouth County, NJ
Properties on Market for Warehouses in Monmouth County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - A large industrial facility combines warehouse capacity, office space, and three-phase electrical service for distribution operations.
Where is this warehouse located?
The property is located at 317 Fairfield Road Howell, NJ.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: Approximately 84,844 SF of total building area across two lots; Approximately 20.21 acres; 40,000 SF warehouse area with 35‑foot clear ceilings and 32,000 SF with 17‑foot clear ceilings
