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Flex Space with Office and Garage
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612 Creek Road, Bellmawr, NJ 08031

Office and garage configuration supports contractor and service-business operations near the I-295 interchange.

Property Size1,547 SF
Price / SF$210.08
Days on Market60

Property Features for 612 Creek Road

General Information

Standard status Active
Size 1,547 SF
Class C
Property subtype Industrial

Additional Details

Highway Access Yes
Three-Phase Power Yes
Listing Agency: Opus Elite Realty
Listed By: Rocco Yedman · License #2331345
Source: Crexi
Added: Aug 18 Changed: Oct 5 Last Checked: Oct 14 at 7:45PM

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 Opus Elite Realty

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Investment Insights

Based on property information with market context.

This flex property combines office space with a garage-oriented work area, creating a practical setup for contractor and service-business operations. The configuration is suited to electricians, plumbers, HVAC companies, fabricators, and similar businesses requiring both administrative and operational space.

The property is located in Bellmawr, New Jersey, near the I-295 interchange. Its South Jersey location provides access to a regional highway connection while maintaining a dedicated office-and-garage format for business use.

Key Highlights

  • Office and garage facility for integrated administrative and operational use
  • Located near the I‑295 interchange in Bellmawr, NJ
  • Suited for contractors, electricians, plumbers, HVAC companies, and fabricators

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,708
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,160 $434.2K
Cap Rate 7%
$310,114 $310.1K
Cap Rate 9%
$241,200 $241.2K
Market Conditions
NOI Build-Up for 1,547 SF
Gross rent
$34.0K $21.96/SF
− Vacancy
−$5.0K −$3.25/SF
EGI
$28.9K $18.71/SF
− OpEx
−$7.2K −$4.68/SF
NOI
$21.7K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,160
Cap Rate 7%
$310,114
Cap Rate 9%
$241,200

Alternative Uses

Best Use
Office B
$310.1K
$271.4K – $361.8K (±1% cap)
NOI $21,708 @ 7.0% cap · market cap 6.68%
Second Best
Industrial
$215.3K
$188.4K – $251.2K (±1% cap)
NOI $15,074 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$392.2K
$343.2K – $457.6K (±1% cap)
NOI $27,457 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08031, NJ

11,707
Population
5,118
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
3,902
Density / Sq Mi
$74,812
Median Household Income
$46,043
Median Earnings
$1,141
Median Rent
$216,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Similar Off Market Nearby

  • Heavy Kevy's Barbecue — 507 Garfield Ave, Mt Ephraim, NJ 08059

Frequently Asked Questions

What type of property is this?
Flex space - Office and garage configuration supports contractor and service-business operations near the I-295 interchange.
Where is this flex space located?
The property is located at 612 Creek Road Bellmawr, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Office and garage facility for integrated administrative and operational use; Located near the I‑295 interchange in Bellmawr, NJ; Suited for contractors, electricians, plumbers, HVAC companies, and fabricators
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