Flex Warehouse with Private
For Sale
$435,000
409 HAZEL AVE Unit NA, Ewing Twp, NJ 08638
A half office, half warehouse with a drive-in door and climate-controlled interior for contractor and small business use.
Property Size3,200 SF
Price / SF$135.94
Days on Market110
Property Features for 409 HAZEL AVE Unit NA
General Information
Standard status
Active
Size
3,200 SF
Property subtype
General Commercial
Additional Details
Drive-In Doors
1
Building Details
Year Built
1960
Listing Agency:
KELLER WILLIAMS CORNERSTONE
(908) 442-5137
Listed By:
JESSICA DOYLE
(908) 442-5137
Source:
Xome
Added: Apr 12
Changed: Jul 10
Last Checked: Jul 16 at 6:06AM
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 CORNERSTONE
Investment Insights
Based on property information with market context.
The property is a stand-alone industrial/flex building totaling 3,200 SF, configured as half office and half warehouse space. The building includes a drive-in door for moving materials and equipment, along with two bathrooms. The office and warehouse areas are climate-controlled, supporting year-round comfort and usable work space.
The site includes a private lot, providing on-site parking or laydown space for daily operations. The building’s stand-alone setup allows straightforward, independent access without shared tenancy.
This layout fits owner-operators and small businesses that need a functional workplace plus practical storage or light industrial space. The drive-in door supports deliveries and internal movement, while the office portion provides separation for administrative work. With two bathrooms and climate control, the building is well-suited for contractors or similar organizations seeking a compact facility they can run from a single address.
The site includes a private lot, providing on-site parking or laydown space for daily operations. The building’s stand-alone setup allows straightforward, independent access without shared tenancy.
This layout fits owner-operators and small businesses that need a functional workplace plus practical storage or light industrial space. The drive-in door supports deliveries and internal movement, while the office portion provides separation for administrative work. With two bathrooms and climate control, the building is well-suited for contractors or similar organizations seeking a compact facility they can run from a single address.
Key Highlights
- Stand‑alone 3,200 SF industrial building with a half office/half warehouse layout
- Drive‑in door for warehouse access
- Climate‑controlled interior and central air cooling
Financial Insights For Office B
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 | $43.0k | $13.44 |
| − Vacancy | −$4.7k | −$1.48 |
| EGI | $38.3k | $11.96 |
| − OpEx | −$9.6k | −$2.99 |
| NOI | $28.7k | $8.97 |
3,200 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Warehouse
$1.03M
$900.9K – $1.20M
NOI $72,069 @ 7.0% cap · market cap 16.57%
Second Best
Industrial
$855.2K
$748.3K – $997.8K
NOI $59,867 @ 7.0% cap · market cap 13.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08638, NJ
23,548
Population
10,148
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
4,361
Density / Sq Mi
$65,650
Median Household Income
$40,374
Median Earnings
$1,499
Median Rent
$226,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Thai Cha Chak — 46 Dover Ave, Ewing Township, NJ 08638
Frequently Asked Questions
What type of property is this?
Flex space - A half office, half warehouse with a drive-in door and climate-controlled interior for contractor and small business use.
Where is this flex space located?
The property is located at 409 HAZEL AVE Unit NA Ewing Twp, NJ.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Stand‑alone 3,200 SF industrial building with a half office/half warehouse layout; Drive‑in door for warehouse access; Climate‑controlled interior and central air cooling
