Warehouse Property with Loading
For Sale
Contact for pricing
3880 Park Ave, Edison, NJ 08820
Open-plan industrial space with approximately 13-foot ceilings and tenant-configurable interiors.
Property Size60,000 SF
Price / SF$0.16
Days on Market66
Property Features for 3880 Park Ave
General Information
Standard status
Active
Size
60,000 SF
Listing Agency:
ON TRACK REALTY
Listed By:
SANJEEV ANEJA, SAHIL ANEJA
(732) 494-2211
Source:
Luminancerealty
Added: Aug 12
Changed: Oct 15
Last Checked: Oct 5 at 9:03PM
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 ON TRACK REALTY
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Investment Insights
Based on property information with market context.
This 60,000-square-foot warehouse property at 3880 Park Ave in Edison includes two available spaces measuring approximately 5,000 square feet and 10,000 square feet. Both offer open interior layouts, with about 13-foot ceilings and access to a loading dock. The spaces can be adapted by the tenant for warehouse operations or other activities requiring additional vertical clearance.
The property is located in North Edison, NJ. Available space includes CAM and taxes, and occupancy is available immediately. The open configuration provides flexibility for users seeking functional industrial space without a heavily divided layout.
The property is located in North Edison, NJ. Available space includes CAM and taxes, and occupancy is available immediately. The open configuration provides flexibility for users seeking functional industrial space without a heavily divided layout.
Key Highlights
- 60,000‑square‑foot warehouse property at 3880 Park Ave, Edison, NJ 08820
- Two available spaces: approximately 5,000 square feet and 10,000 square feet
- Approximately 13‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$666,792
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,335,840
$13.3M
Cap Rate 7%
$9,525,600
$9.5M
Cap Rate 9%
$7,408,800
$7.4M
Market Conditions
NOI Build-Up for 60,000 SF
Gross rent
$1.01M $16.80/SF
− Vacancy
−$55.4K −$0.92/SF
EGI
$952.6K $15.88/SF
− OpEx
−$285.8K −$4.76/SF
NOI
$666.8K $11.11/SF
Area
Edison, NJ
Vacancy
5.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,335,840
Cap Rate 7%
$9,525,600
Cap Rate 9%
$7,408,800
Alternative Uses
Best Use
Warehouse
$10.80M
$9.45M – $12.60M
NOI $755,820 @ 7.0% cap · market cap 8,127.10%
Second Best
Flex RnD
$9.79M
$8.56M – $11.42M
NOI $685,152 @ 7.0% cap · market cap 7,367.23%
Theoretical Best
Office A
$19.45M
$17.02M – $22.69M
NOI $1,361,203 @ 7.0% cap · market cap 14,636.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08820, NJ
41,169
Population
13,215
Households
3.1
Avg Household Size
42
Median Age
71%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$168,453
Median Household Income
$86,386
Median Earnings
$1,925
Median Rent
$597,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - Open-plan industrial space with approximately 13-foot ceilings and tenant-configurable interiors.
Where is this warehouse located?
The property is located at 3880 Park Ave Edison, NJ.
What are key features of this property?
This property features: 60,000‑square‑foot warehouse property at 3880 Park Ave, Edison, NJ 08820; Two available spaces: approximately 5,000 square feet and 10,000 square feet; Approximately 13‑foot ceilings
