Commercial Space with Visible
For Sale
Contact for pricing
66 Georges Rd, New Brunswick, NJ 08901
Open commercial space ideal for storage, manufacturing, and distribution.
Property Size1,450 SF
Price / SF$2.00
Days on Market227
Property Features for 66 Georges Rd
General Information
Standard status
Active
Size
1,450 SF
Listing Agency:
CENTURY 21 BURKE REALTY
Listed By:
JOHN H. BURKE · License #3522589
(732) 658-6800
Source:
Goldstandardrealty
Added: Mar 5
Changed: Oct 17
Last Checked: Oct 7 at 1:35PM
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 CENTURY 21 BURKE REALTY
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Investment Insights
Based on property information with market context.
This open, spacious commercial space features visible frontage and is ideally suited for storage, manufacturing, distribution, and commercial contractors. A large garage with storage is located on the side of the building and includes a drive-in door. The property is conveniently located close to the New Jersey Turnpike, Route 1, and Route 18. The property size is 1450 square feet.
Key Highlights
- Open and spacious commercial space suitable for various uses.
- Visible frontage for business exposure.
- Large garage with drive‑in door.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,275
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,500
$325.5K
Cap Rate 7%
$232,500
$232.5K
Cap Rate 9%
$180,833
$180.8K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$24.7K $17.04/SF
− Vacancy
−$1.5K −$1.01/SF
EGI
$23.3K $16.03/SF
− OpEx
−$7.0K −$4.81/SF
NOI
$16.3K $11.22/SF
Area
Middlesex County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,500
Cap Rate 7%
$232,500
Cap Rate 9%
$180,833
Alternative Uses
Best Use
Warehouse
$282.3K
$247.0K – $329.4K
NOI $19,763 @ 7.0% cap · market cap 681.48%
Second Best
Industrial
$232.5K
$203.4K – $271.3K
NOI $16,275 @ 7.0% cap · market cap 561.21%
Theoretical Best
Office A
$378.6K
$331.3K – $441.7K
NOI $26,504 @ 7.0% cap · market cap 913.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08901, NJ
56,278
Population
17,071
Households
3.3
Avg Household Size
27
Median Age
24%
College-Educated
66%
High-School Grad
6.3 sq mi
ZIP Area
8,933
Density / Sq Mi
$60,248
Median Household Income
$25,192
Median Earnings
$1,790
Median Rent
$316,800
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
- Crown Fine Art New Jersey | Packing, Shipping, Storage and Logistics — 409 Joyce Kilmer Ave Suite #307, New Brunswick, NJ 08901
Frequently Asked Questions
What type of property is this?
Warehouse - Open commercial space ideal for storage, manufacturing, and distribution.
Where is this warehouse located?
The property is located at 66 Georges Rd New Brunswick, NJ.
What are key features of this property?
This property features: Open and spacious commercial space suitable for various uses.; Visible frontage for business exposure.; Large garage with drive‑in door.
