Flex Warehouse with Versatile
348 Ogden Station Rd Wenonah, NJ 08090
348 Ogden Station Rd, Wenonah, NJ, 08090
$425,000
Pending
For Sale
$425,000
Pending
Flex warehouse building on a 0.57-acre lot with layout suited for contractor, storage, and light industrial uses.
Property Size3,680 SF
Lot Size0.57 Acres
Days on Market106
Property Features for 348 Ogden Station Rd
General Information
- Standard status
- Pending
- Size
- 3,680 SF
- Lot size
- 0.57 Acres
Listing agency
Hedenberg Real Estate Company LLC
(856) 397-5744
Listed by
Brandon Hedenberg · License #1752988
(856) 397-5744
Source
Exprealty
Added: Apr 7 Updated: Jul 21 at 1:35AM Checked: Jul 21 at 1:35AM
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 Hedenberg Real Estate Company LLC
Investment Insights
Based on property information with market context.
The property is a flex warehouse building with approximately 3,680+/- SF situated on a 0.57-acre lot. The layout is described as functional for a variety of uses, including contractor space, storage, light industrial, or general flex use, supporting both owner-user and investor interest. An added value component noted in the remarks is the potential to subdivide the property to create a separate single-family building lot, subject to municipal (Deptford Twp) approvals and applicable zoning requirements.
Located at 348 Ogden Station Rd in Wenonah, NJ, the property is in Gloucester County and is described as providing convenient access to Route 45 and surrounding South Jersey markets, with connectivity to the greater Philadelphia region. The area is characterized as a mix of residential and small business uses, aligning with local operators and service-based businesses.
Overall, this is a versatile flex warehouse asset presented for sale with both multi-use functionality and possible subdivision pathway pending approval.
Located at 348 Ogden Station Rd in Wenonah, NJ, the property is in Gloucester County and is described as providing convenient access to Route 45 and surrounding South Jersey markets, with connectivity to the greater Philadelphia region. The area is characterized as a mix of residential and small business uses, aligning with local operators and service-based businesses.
Overall, this is a versatile flex warehouse asset presented for sale with both multi-use functionality and possible subdivision pathway pending approval.
Key Highlights
- 3,680+/- SF flex warehouse building on a 0.57‑acre lot in Wenonah, NJ (Gloucester County).
- Functional flex/warehouse layout suited for contractor space, storage, light industrial, or general flex use.
- Potential to subdivide the property to create a separate single‑family building lot, subject to Deptford Twp approvals and zoning requirements.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $15.00 |
| − Vacancy | −$5.2k | −$1.43 |
| EGI | $50.0k | $13.58 |
| − OpEx | −$17.5k | −$4.75 |
| NOI | $32.5k | $8.82 |
3,680 SF · lease $15.00/SF/yr · vacancy 9.50% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$696.2K
$609.2K – $812.3K
NOI $48,735 @ 7.0% cap · market cap 11.47%
Second Best
Industrial
$573.4K
$501.7K – $668.9K
NOI $40,135 @ 7.0% cap · market cap 9.44%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,590 @ 7.0% cap · market cap 20.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Feriozzi Construction Co ...
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Four Star Event Catering — 595 Princeton Blvd, Wenonah, NJ 08090
FAQs
What type of property is this?
Flex space - Flex warehouse building on a 0.57-acre lot with layout suited for contractor, storage, and light industrial uses.
Where is this flex space located?
The property is located at 348 Ogden Station Rd Wenonah, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,680+/- SF flex warehouse building on a 0.57‑acre lot in Wenonah, NJ (Gloucester County).; Functional flex/warehouse layout suited for contractor space, storage, light industrial, or general flex use.; Potential to subdivide the property to create a separate single‑family building lot, subject to Deptford Twp approvals and zoning requirements.
