Flex Space with Drive-In
New
For Sale
Contact for pricing
50 EGG HARBOR ROAD #18, Berlin, NJ 08009
A separate pedestrian entrance and shared parking support access for occupants and visitors.
Property Size3,000 SF
Price / SF$1.00
Days on Market6
Property Features for 50 EGG HARBOR ROAD #18
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Warehouse & Industrial
Warehouse Space
1,400 SF
Office Build-Out
600 SF
Drive-In Doors
1
Additional Details
Property Use
Warehouse/Office
Building Details
Year Built
1987
Listing Agency:
Weichert Realtors-Medford
(856) 983-2888
Listed By:
Suzanne Burns · License #1325478
(609) 354-8167
Source:
Cummingsrealtors
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 6:12PM
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 Weichert Realtors-Medford
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Investment Insights
Based on property information with market context.
This flex property combines office and warehouse areas, with approximately 600 square feet of office space and 1,400 square feet of warehouse space. A 10-foot drive-in door, separate man door, and one restroom serve the space. The building was constructed in 1987.
Shared parking is available for tenants and visitors.
Shared parking is available for tenants and visitors.
Key Highlights
- Approximately 600 square feet of office space and 1,400 square feet of warehouse space
- 10‑foot drive‑in door and separate man door
- One restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,901
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,020
$538.0K
Cap Rate 7%
$384,300
$384.3K
Cap Rate 9%
$298,900
$298.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$43.2K $14.40/SF
− Vacancy
−$1.8K −$0.60/SF
EGI
$41.4K $13.80/SF
− OpEx
−$14.5K −$4.83/SF
NOI
$26.9K $8.97/SF
Area
Camden County, NJ
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,020
Cap Rate 7%
$384,300
Cap Rate 9%
$298,900
Alternative Uses
Best Use
Warehouse
$521.1K
$456.0K – $608.0K
NOI $36,478 @ 7.0% cap · market cap 1,215.93%
Second Best
Industrial
$417.6K
$365.4K – $487.2K
NOI $29,232 @ 7.0% cap · market cap 974.40%
Theoretical Best
Office A
$760.7K
$665.6K – $887.5K
NOI $53,247 @ 7.0% cap · market cap 1,774.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08009, NJ
13,885
Population
5,764
Households
2.4
Avg Household Size
43
Median Age
31%
College-Educated
94%
High-School Grad
16.5 sq mi
ZIP Area
842
Density / Sq Mi
$101,964
Median Household Income
$52,767
Median Earnings
$1,392
Median Rent
$291,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Zallie's Catering — 116 Walker Ave, West Berlin, NJ 08091
- Sweetboards, LLC — 223 Haddon Ave, West Berlin, NJ 08091
Frequently Asked Questions
What type of property is this?
Flex space - A separate pedestrian entrance and shared parking support access for occupants and visitors.
Where is this flex space located?
The property is located at 50 EGG HARBOR ROAD #18 Berlin, NJ.
What are key features of this property?
This property features: Approximately 600 square feet of office space and 1,400 square feet of warehouse space; 10‑foot drive‑in door and separate man door; One restroom
