Industrial Distribution Facility with
741 Landis Ave Bridgeton, NJ 08302
New
For Sale
$795,000
Former petroleum distribution site with a fenced yard, large sliding doors, and a loading rack serving a clear-span warehouse.
Property Size4,428 SF
Lot Size1.33 Acres
Price / SF$179.54
Days on Market2
Property Features for 741 Landis Ave
General Information
- Standard status
- Active
- Size
- 4,428 SF
- Lot size
- 1.33 Acres
Building Details
- Year Built
- 1982
Listing Agency:
Warner Real Estate & Auction Company
(856) 769-4111
Listed By:
Richard G Warner · License #120281
Source:
Kandorre
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 3:10AM
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 Warner Real Estate & Auction Company
Investment Insights
Based on property information with market context.
This former petroleum distributor property includes a wood-framed warehouse with metal sandwich panels, an A-type metal roof, and a concrete slab foundation. The interior offers clear-span space with open wood-truss roof framing and approximately 14’ clear ceiling height, plus three sliding barn-type doors along the front, side, and rear. The package also features a fenced yard with 6’ chain-link fencing and an automatic gate, parking for at least 20 tractor-trailers, and a loading rack with two arms (3’ and 4’) alongside a Veeder-Root monitoring system. Storage includes 75,000 gallons.
The property is located in the Center Mixed Use (CMU) zoning district and sits just off SR 55 Exit 32 on Landis Avenue (SR 56). Recorded traffic counts on Landis Avenue are 8,041 vehicles per day (NJDOT 2020).
The sale package also includes a well-maintained, two-story colonial-style 2-bedroom dwelling on a 1.05-acre lot with a new gas heater.
The property is located in the Center Mixed Use (CMU) zoning district and sits just off SR 55 Exit 32 on Landis Avenue (SR 56). Recorded traffic counts on Landis Avenue are 8,041 vehicles per day (NJDOT 2020).
The sale package also includes a well-maintained, two-story colonial-style 2-bedroom dwelling on a 1.05-acre lot with a new gas heater.
Key Highlights
- 1.33+/- acre former petroleum distributor property (package sale) at 741 Landis Avenue and 716 Willow Street
- 4428+/- SF clear‑span warehouse (54' x 82') with 14'+/- clear ceiling height and open wood‑truss roof framing
- Warehouse exterior with metal sandwich panels and A‑type metal roof on concrete slab foundation; wood‑framed construction
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 | $39.9k | $9.00 |
| − Vacancy | −$3.3k | −$0.75 |
| EGI | $36.5k | $8.25 |
| − OpEx | −$5.5k | −$1.24 |
| NOI | $31.1k | $7.02 |
4,428 SF · lease $9.00/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$443.8K
$388.3K – $517.7K
NOI $31,063 @ 7.0% cap · market cap 3.91%
Second Best
Industrial
$369.8K
$323.6K – $431.5K
NOI $25,888 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$6.65M
$5.82M – $7.76M
NOI $465,408 @ 7.0% cap · market cap 58.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
FAQs
What type of property is this?
Distribution center - Former petroleum distribution site with a fenced yard, large sliding doors, and a loading rack serving a clear-span warehouse.
Where is this distribution center located?
The property is located at 741 Landis Ave Bridgeton, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 1.33+/- acre former petroleum distributor property (package sale) at 741 Landis Avenue and 716 Willow Street; 4428+/- SF clear‑span warehouse (54' x 82') with 14'+/- clear ceiling height and open wood‑truss roof framing; Warehouse exterior with metal sandwich panels and A‑type metal roof on concrete slab foundation; wood‑framed construction
