For Sale
Contact for pricing
501 Buck Street, Millville, NJ 08332
Flex space
Property Size5,060 SF
Price / SF$83.89
Days on Market258
Property Features for 501 Buck Street
General Information
Standard status
Active
Size
5,060 SF
Property subtype
Retail
Building Details
Year Built
1959
Listing Agency:
Coldwell Banker Argus Real Estate
Listed By:
Matthew Bonomini · License #NJ
(631) 398-3519
Source:
Crexi
Added: Feb 11
Changed: Oct 25
Last Checked: Oct 26 at 2:19PM
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 Coldwell Banker Argus Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- Approx. 4500 SF Warehouse and 560 SF Office space.
- Large fenced‑in parking lot.**
- Suitable for various businesses: auto repair, storage, supply houses, warehouses, shipping, etc.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,583
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,660
$591.7K
Cap Rate 7%
$422,614
$422.6K
Cap Rate 9%
$328,700
$328.7K
Market Conditions
NOI Build-Up for 5,060 SF
Gross rent
$45.5K $9.00/SF
− Vacancy
−$3.3K −$0.65/SF
EGI
$42.3K $8.35/SF
− OpEx
−$12.7K −$2.51/SF
NOI
$29.6K $5.85/SF
Area
Cumberland County, NJ
Vacancy
7.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,660
Cap Rate 7%
$422,614
Cap Rate 9%
$328,700
Alternative Uses
Best Use
Flex RnD
$773.9K
$677.1K – $902.8K
NOI $54,170 @ 7.0% cap · market cap 12.76%
Second Best
Industrial
$422.6K
$369.8K – $493.1K
NOI $29,583 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$7.60M
$6.65M – $8.86M
NOI $531,834 @ 7.0% cap · market cap 125.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08332, NJ
35,396
Population
15,063
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
104.5 sq mi
ZIP Area
339
Density / Sq Mi
$65,825
Median Household Income
$39,595
Median Earnings
$1,223
Median Rent
$195,900
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
- Bolt Catering & Meal Prep — 706 N 8th St, Millville, NJ 08332
Frequently Asked Questions
Where is this flex space located?
The property is located at 501 Buck Street Millville, NJ.
What is the asking price?
The asking price for this property is $424,500.
What are key features of this property?
This property features: Approx. 4500 SF Warehouse and **560 SF Office space**.; Large fenced‑in parking lot.**; Suitable for various businesses: auto repair, storage, supply houses, warehouses, shipping, etc.
