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Auto Repair Shop with Spray Booth
For Sale
$1,300,000

46 Georgetown Road, Wrightstown, NJ 08562

Commercial Sale, Wrightstown, NJ

Property Size3,000 SF
Lot Size1.82 Acres
Price / SF$433.33
Days on Market280

Property Features for 46 Georgetown Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning commerical
Parking 300
Parking features Parking Lot
Lot features Commercial Area, Industrial Area
Directions see google map
Standard status Active
APN 2600610000000023
Size 3,000 SF
Lot size 1.82 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8091

Utilities

Utilities Propane
Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Private, Public

Amenities

spray booth

Building Details

Floors in Building 1
Flooring type Concrete
Building materials Vinyl Siding
Listing Agency: DAVIS REALTORS
Listed By: Ruby Bhalla
Added: Dec 30, 2025 Changed: Sep 11 Last Checked: Oct 6 at 8:06PM
MLS# 2608920R

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

Investment Insights

Based on property information with market context.

Located at 46 Georgetown Road in Wrightstown, NJ, this automotive property includes two contiguous lots improved with a repair shop and office trailer. The site is currently operating as a used car dealership with on-site service capabilities and includes a fully equipped repair facility with a spray booth. Concrete flooring, vinyl siding, window-unit cooling, propane service, and a parking lot are among the existing property features.

The property is less than 15 minutes from the Bordentown Manheim Auto Auction and offers access to Routes 206 and 130, as well as the New Jersey Turnpike. Its existing automotive improvements and current service-oriented operation support continued consideration by automotive users, subject to applicable approvals and compliance requirements.

Key Highlights

  • Fully equipped repair facility with spray booth
  • Two contiguous lots at 46 Georgetown Road, Wrightstown, NJ 08562
  • Currently operating as a used car dealership with on‑site service capabilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,862
Cap Rate
3.45%
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 (±1% cap)
NOI $361,703 @ 7.0% cap · market cap 27.82%
Second Best
Retail
$640.9K
$560.8K – $747.7K (±1% cap)
NOI $44,862 @ 7.0% cap · market cap 3.45%
Theoretical Best
Warehouse
$6.27M
$5.49M – $7.32M (±1% cap)
NOI $439,211 @ 7.0% cap · market cap 33.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Bakery Grocery & Convenience Store Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08562, NJ

5,025
Population
1,768
Households
2.8
Avg Household Size
42
Median Age
30%
College-Educated
89%
High-School Grad
16.7 sq mi
ZIP Area
301
Density / Sq Mi
$89,766
Median Household Income
$45,065
Median Earnings
$1,048
Median Rent
$271,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Automotive facility with an equipped service area, office trailer, and parking lot.
Where is this auto shop located?
The property is located at 46 Georgetown Road Wrightstown, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully equipped repair facility with spray booth; Two contiguous lots at 46 Georgetown Road, Wrightstown, NJ 08562; Currently operating as a used car dealership with on‑site service capabilities
More about this property
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