Warehouse Property for
For Sale
$625,000
Pending
344 MAIN ROAD, Franklinville, NJ 08322
Warehouse property offered for sale in Franklinville, NJ, with access via Route 40 to Main Road.
Property Size2,297 SF
Days on Market107
Property Features for 344 MAIN ROAD
General Information
Standard status
Pending
Size
2,297 SF
Total Parking Spaces
10
Zoning
NC
Taxes and HOA fees
Annual Taxes
$7,433
Amenities
Wall Unit(s), Electric
Electric, Baseboard
Electric Water Heater
Street
Fenced
Parking Lot
Building Details
Building Size
2,297 SF
Year Built
1960
Stories
1
Listing Agency:
BHHS Fox & Roach-Washington-Gloucester
Listed By:
Christine M Stucke · License #0679515
(856) 649-5220
Source:
Evrealestate
Added: Jul 14
Changed: Oct 27
Last Checked: Oct 26 at 4:14PM
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 BHHS Fox & Roach-Washington-Gloucester
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a warehouse offering available for sale at 344 Main Road in Franklinville, New Jersey. The listing is categorized as warehouse/other warehouse commercial real estate.
For directions, take Rt 40 South, turn right onto Main Rd, and proceed to the PIQ on the left. The property is located in Gloucester County.
Additional building specifications and interior details are not provided in the available information.
For directions, take Rt 40 South, turn right onto Main Rd, and proceed to the PIQ on the left. The property is located in Gloucester County.
Additional building specifications and interior details are not provided in the available information.
Key Highlights
- Warehouse property for sale in Franklinville, NJ, with access via Route 40 to Main Road
- Parking lot on site
- Fenced exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,420
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,400
$608.4K
Cap Rate 7%
$434,571
$434.6K
Cap Rate 9%
$338,000
$338.0K
Market Conditions
NOI Build-Up for 2,297 SF
Gross rent
$39.4K $17.14/SF
− Vacancy
−$3.6K −$1.56/SF
EGI
$35.8K $15.58/SF
− OpEx
−$5.4K −$2.34/SF
NOI
$30.4K $13.24/SF
Area
Gloucester County, NJ
Vacancy
9.10%
Lease Rate
$17.14 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,400
Cap Rate 7%
$434,571
Cap Rate 9%
$338,000
Alternative Uses
Best Use
Warehouse
$434.6K
$380.3K – $507.0K
NOI $30,420 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$772.1K
$675.6K – $900.8K
NOI $54,048 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08322, NJ
10,325
Population
3,687
Households
2.8
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
29.1 sq mi
ZIP Area
355
Density / Sq Mi
$117,602
Median Household Income
$51,067
Median Earnings
$1,504
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property offered for sale in Franklinville, NJ, with access via Route 40 to Main Road.
Where is this warehouse located?
The property is located at 344 MAIN ROAD Franklinville, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Warehouse property for sale in Franklinville, NJ, with access via Route 40 to Main Road; Parking lot on site; Fenced exterior
