Fully Leased Warehouse
520 James Street, Lakewood, NJ 08701
New
Educational and commercial warehouse campus offering fully leased space on a single commercial-zoned site.
Property size:
63,250 SFLot size:
4.42 AcresPrice / SF:
$229/SF- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 4 at 2:02 am
Property Features for 520 James Street
General Information
- Standard status
- Active
- Size
- 63,250 SF
- Lot size
- 4.42 Acres
Building Details
- Year Built
- 1980
Listing office (732) 508-0778
Listing date Jun 30, 2026
Source Avenuerealtynj.idxbroker
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HighLights
- 4.42‑acre commercial‑zoned educational and commercial warehouse campus
- Fully leased campus with 63,250 SF of improved structures across the site
- Can be delivered vacant (per listing remark)
- Parking lot onsite; dock height interior feature
- Public utilities: public sewer and public water
- Year built 1980; central air and three‑phase electric
Overview
The property is a fully leased educational and commercial warehouse campus comprising 4.42 acres and 63,250 square feet of improved structures. The campus is configured as a multi-building site and is currently fully leased. The seller notes it can be delivered vacant, providing flexibility for future use depending on tenant and timing.
The property is located at 520 James Street in Lakewood, New Jersey, with access described as off James St. The site is identified under a Commercial zoning description, supporting a mixed educational and warehouse-oriented use within a single campus arrangement.
For buyers, this offering provides a warehouse campus opportunity with existing income from a fully leased educational and commercial component. It may also be relevant to operators or owners planning a transition, since the property can be delivered vacant. With a defined commercial zoning designation and multiple improved structures, the campus format can be suitable for organizations seeking a single-site platform for warehouse and educational facilities.
The property is located at 520 James Street in Lakewood, New Jersey, with access described as off James St. The site is identified under a Commercial zoning description, supporting a mixed educational and warehouse-oriented use within a single campus arrangement.
For buyers, this offering provides a warehouse campus opportunity with existing income from a fully leased educational and commercial component. It may also be relevant to operators or owners planning a transition, since the property can be delivered vacant. With a defined commercial zoning designation and multiple improved structures, the campus format can be suitable for organizations seeking a single-site platform for warehouse and educational facilities.
Local Financial Insights For Warehouse
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 | $1.08M | $17.04 |
| − Vacancy | −$63.6k | −$1.01 |
| EGI | $1.01M | $16.03 |
| − OpEx | −$152.1k | −$2.41 |
| NOI | $862.1k | $13.63 |
63,250 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$12.32M
$10.78M – $14.37M
NOI $862,062 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.52M
$14.45M – $19.27M
NOI $1,156,109 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Labriute Meals
Big Box & Wholesale Store
Jazzer Shack
Big Box & Wholesale Store
BNU Marble
Building Supply
Unlimited Pure Water
General Contractor
Tracarts
Department Store
Similar Places Nearby
- Excel Business Park 5 — 1 Havenwood Ct, Lakewood, NJ 08701
- CubeSmart Self Storage — 1255 Prospect St, Lakewood, NJ 08701
- CubeSmart Self Storage — 1519 Prospect St, Lakewood, NJ 08701
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2378745
- Latitude
- 40.0788305
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Educational and commercial warehouse campus offering fully leased space on a single commercial-zoned site.
Where is this warehouse located?
The property is located at 520 James Street Lakewood, NJ.
What is the asking price?
The asking price for this property is $14,500,000.
What are key features of this property?
This property features: 4.42‑acre commercial‑zoned educational and commercial warehouse campus; Fully leased campus with 63,250 SF of improved structures across the site; Can be delivered vacant (per listing remark)
