Fully Leased Industrial Warehouse
520 James Street Lakewood, NJ 08701
520 James Street, Lakewood, NJ, 08701
$14,500,000
Pending
For Sale
$14,500,000
Pending
COMMERCIAL - Lakewood, NJ
Property Size63,250 SF
Lot Size4.42 Acres
Days on Market69
Property Features for 520 James Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Interior features
- Dock Height
- Standard status
- Pending
- APN
- 15-00356-0000-00001
- Size
- 63,250 SF
- Lot size
- 4.42 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 46664
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Flooring type
- Concrete
Listing Agency
Imperial Real Estate Agency
(732) 905-5511
212 Second Street Suite 405, Lakewood, NJ
Listed by
Asher Brodt · License #0450338
(732) 905-5511
Added: May 12 Checked: Jul 19 at 6:06 am
MLS# 22613831
Copyright © 2026 More 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.
This fully leased educational and commercial warehouse campus presents an uncommon blend of classroom-related and industrial space within a consolidated property. The offering includes 63,250 square feet of improved structures on 4.42 acres, providing a defined site and a turnkey income stream. The property is currently fully leased and can be delivered vacant, offering flexibility for an investor’s or operator’s next step.
Located at 520 James Street in Lakewood, New Jersey, the campus is situated in Ocean County. The size and campus-style arrangement make it well-suited for buyers looking for a warehouse-oriented asset with more than one functional use, while maintaining a manageable, single ownership footprint.
For investors, this asset’s fully leased status and emphasis on long-term rental income make it an attractive addition to a portfolio seeking stability. For operators, the option to take delivery vacant can simplify transition planning, particularly for groups that can support an educational-and-commercial warehouse configuration. Overall, it’s a practical opportunity for buyers interested in an income-producing campus with room to adapt based on leasing strategy.
Located at 520 James Street in Lakewood, New Jersey, the campus is situated in Ocean County. The size and campus-style arrangement make it well-suited for buyers looking for a warehouse-oriented asset with more than one functional use, while maintaining a manageable, single ownership footprint.
For investors, this asset’s fully leased status and emphasis on long-term rental income make it an attractive addition to a portfolio seeking stability. For operators, the option to take delivery vacant can simplify transition planning, particularly for groups that can support an educational-and-commercial warehouse configuration. Overall, it’s a practical opportunity for buyers interested in an income-producing campus with room to adapt based on leasing strategy.
Key Highlights
- Fully leased educational and commercial warehouse campus on 4.42 acres
- 63,250 SF of improved structures
- Parking lot parking
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
Industrial
$10.14M
$8.87M – $11.83M
NOI $709,934 @ 7.0% cap · market cap 4.90%
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.
Property Analytics
Property Profile
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 For Sale Nearby
Similar Off Market 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
FAQs
What type of property is this?
Warehouse - Rare income-producing warehouse campus with educational and commercial use, strong long-term rentals, and potential vacant delivery.
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: Fully leased educational and commercial warehouse campus on 4.42 acres; 63,250 SF of improved structures; Parking lot parking
