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    Retail Warehouse Flex Building Title is generated by Realmo AI

    3502 W Bangs Avenue, Neptune, NJ 07753

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    Claim this Listing
    New
    For Sale
    $2,999,000

    COMMERCIAL - Neptune Township, NJ

    Property size:
    9,593 SF
    Lot size:
    1.03 Acres
    Price / SF:
    $312/SF
    Added:
    Jun 8, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 8 at 12:06 pm

    Property Features for 3502 W Bangs Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    35-03001-0000-00001
    Size
    9,593 SF
    Lot size
    1.03 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    2

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    Listing Contact
    Chris Katz
    Chris Katz

    Listing agent Chris Katz License #0681073

    Listing office Douglas Elliman of NJ LLC 803 River Road, Ste. 101, Hoboken, NJ

    Listing date Jun 8, 2026

    MLS# 22617104

    Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Vacant approx 10,000 SF retail/warehouse/flex property on 1 acre
    • Corner location along Route 33 for retail, warehouse, or flex use
    • Building includes 5 overhead drive‑in doors plus flexible open space
    • Loft area provides additional storage space
    • Utilities: public water and public sewer
    • Includes a previous residential structure; buyer to confirm permitted uses with the township

    Overview

    This vacant retail/warehouse/flex property offers approximately 10,000 square feet of space in excellent condition. The building includes flexible open areas suited to a range of operational layouts, along with a loft area for additional storage. Operational access is supported by five overhead drive-in doors, making the property well-suited for deliveries, merchandising, or mixed warehouse-and-showroom use.

    Set on 1.03 acres at a highly visible corner location along Route 33, the property provides straightforward ingress and egress for business operations. The site is also described as conveniently located near the Garden State Parkway, Route 18, and Route 35, supporting connectivity for distribution and customer-facing activity.

    The configuration and drive-in functionality make this an attractive option for an owner-user seeking flexible space for retail and warehouse needs. The presence of a previous residential structure on-site adds another reuse possibility, though any office or residential use would require buyer due diligence with the township regarding permitted uses. Buyers and operators considering a redevelopment path should also plan for their own due diligence based on local approvals and site 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 $312.0k $32.52
    − Vacancy −$69.9k −$7.28
    EGI $242.1k $25.24
    − OpEx −$84.7k −$8.83
    NOI $157.4k $16.40
    9,593 SF · lease $32.52/SF/yr · vacancy 22.40% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $2.25M
    $1.97M – $2.62M (±1% cap)
    NOI $157,355 @ 7.0% cap · market cap 5.25%
    Second Best
    Retail
    $1.96M
    $1.71M – $2.28M (±1% cap)
    NOI $136,924 @ 7.0% cap · market cap 4.57%
    Theoretical Best
    Office A
    $2.50M
    $2.19M – $2.92M (±1% cap)
    NOI $175,345 @ 7.0% cap · market cap 5.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    All American Turf (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Pepe Events, Catering by Jeanie LLC. — 107 iris dr, neptune township, nj 07753
    • Pepe Events, Designer Catering by Jeanie — 107 Iris Dr, Neptune City, NJ 07753

    Location Insight

    • Map
    • Local Demand
    City
    Neptune
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.078541
    Latitude
    40.208827

    FAQs

    What type of property is this?
    Flex space - Vacant corner flex building with drive-in access and open space, positioned for retail, distribution, or light industrial needs.
    Where is this flex space located?
    The property is located at 3502 W Bangs Avenue Neptune, NJ.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: Vacant approx 10,000 SF retail/warehouse/flex property on 1 acre; Corner location along Route 33 for retail, warehouse, or flex use; Building includes 5 overhead drive‑in doors plus flexible open space
    More about this property
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