Automotive Repair Shop with
For Sale
$725,000
383 Juliustown Rd, Columbus, NJ 08022
Repair shop with a three-bay garage, 12-foot doors, and a large level gated lot.
Property Size3,000 SF
Price / SF$241.67
Days on Market121
Property Features for 383 Juliustown Rd
General Information
Standard status
Active
Size
3,000 SF
Building Details
Year Built
1980
Listing Agency:
Keller Williams Premier
Listed By:
Jennifer F Taras
(609) 459-5100
Source:
Kandorre
Added: Jun 23
Changed: Oct 13
Last Checked: Oct 7 at 2:50PM
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 Keller Williams Premier
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Investment Insights
Based on property information with market context.
This automotive repair shop includes a large three-bay garage with 12-foot doors, designed for vehicle service operations. The property also features a welcoming office with ample space to greet clients, along with a kitchen and a fully finished attic that can support additional versatile use.
A large, level gated lot provides outdoor space for the business. The office and garage layout supports day-to-day customer interaction and vehicle service from the same property.
The existing improvements combine shop functionality with finished interior space, including the office, kitchen, and attic, to accommodate a range of operational needs.
A large, level gated lot provides outdoor space for the business. The office and garage layout supports day-to-day customer interaction and vehicle service from the same property.
The existing improvements combine shop functionality with finished interior space, including the office, kitchen, and attic, to accommodate a range of operational needs.
Key Highlights
- Repair shop built in 1980
- 3‑bay garage with 12‑ft doors
- Large level gated lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,862
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,240
$897.2K
Cap Rate 7%
$640,886
$640.9K
Cap Rate 9%
$498,467
$498.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$67.3K $22.44/SF
− Vacancy
−$3.2K −$1.08/SF
EGI
$64.1K $21.36/SF
− OpEx
−$19.2K −$6.41/SF
NOI
$44.9K $14.95/SF
Area
Burlington County, NJ
Vacancy
4.80%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,240
Cap Rate 7%
$640,886
Cap Rate 9%
$498,467
Alternative Uses
Best Use
Industrial
$5.17M
$4.52M – $6.03M
NOI $361,703 @ 7.0% cap · market cap 49.89%
Second Best
Retail
$640.9K
$560.8K – $747.7K
NOI $44,862 @ 7.0% cap · market cap 6.19%
Theoretical Best
Warehouse
$6.27M
$5.49M – $7.32M
NOI $439,211 @ 7.0% cap · market cap 60.58%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 08022, NJ
9,025
Population
3,709
Households
2.4
Avg Household Size
52
Median Age
42%
College-Educated
95%
High-School Grad
21.3 sq mi
ZIP Area
424
Density / Sq Mi
$118,558
Median Household Income
$73,750
Median Earnings
$1,971
Median Rent
$394,900
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Hurley's Auto — 383 Juliustown Rd, Columbus, NJ 08022
- Bill's Auto Body Shop — 421 Main St, Juliustown, NJ 08042
Frequently Asked Questions
What type of property is this?
Auto shop - Repair shop with a three-bay garage, 12-foot doors, and a large level gated lot.
Where is this auto shop located?
The property is located at 383 Juliustown Rd Columbus, NJ.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Repair shop built in 1980; 3‑bay garage with 12‑ft doors; Large level gated lot
