Industrial Building with Drive-Through
New
For Sale
Contact for pricing
880 Bangert Blvd, Toms River, NJ 08757
A separate office mezzanine includes a conference room and private suite.
Property Size14,000 SF
Price / SF$482.14
Days on Market4
Property Features for 880 Bangert Blvd
General Information
Standard status
Active
Size
14,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Office Build-Out
1,200 SF
Mezzanine
1,200 SF
Listing Agency:
Sitar Realty Company - Corporate
(732) 283-9000
Listed By:
Robert Bogash · License #0792604
(732) 319-4680
Source:
Moodyscre
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 5:39PM
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 Sitar Realty Company - Corporate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 14,000-SF industrial property is arranged in two sections. Approximately 8,000 SF features 30-foot ceilings, a drive-through bay measuring 80 feet, and four additional bays with 14-foot-high by 12-foot-wide doors. The other approximately 6,000-SF section has three bays and an approximately 1,200-SF second-floor mezzanine. The mezzanine contains offices, a conference room, and a private suite.
Key Highlights
- Approximately 8,000 SF with 30' ceilings and an 80' drive‑through bay
- Four bays with doors measuring 14' high by 12' wide
- Approximately 6,000 SF section includes three bays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$190,812
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,816,240
$3.8M
Cap Rate 7%
$2,725,886
$2.7M
Cap Rate 9%
$2,120,133
$2.1M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$238.6K $17.04/SF
− Vacancy
−$14.1K −$1.01/SF
EGI
$224.5K $16.03/SF
− OpEx
−$33.7K −$2.41/SF
NOI
$190.8K $13.63/SF
Area
Ocean County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,816,240
Cap Rate 7%
$2,725,886
Cap Rate 9%
$2,120,133
Alternative Uses
Best Use
Warehouse
$2.73M
$2.39M – $3.18M
NOI $190,812 @ 7.0% cap · market cap 2.83%
Second Best
Industrial
$2.24M
$1.96M – $2.62M
NOI $157,139 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$3.66M
$3.20M – $4.26M
NOI $255,898 @ 7.0% cap · market cap 3.79%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 08757, NJ
34,679
Population
19,302
Households
1.8
Avg Household Size
63
Median Age
19%
College-Educated
90%
High-School Grad
17.8 sq mi
ZIP Area
1,948
Density / Sq Mi
$56,133
Median Household Income
$37,571
Median Earnings
$1,714
Median Rent
$253,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - A separate office mezzanine includes a conference room and private suite.
Where is this industrial property located?
The property is located at 880 Bangert Blvd Toms River, NJ.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Approximately 8,000 SF with 30' ceilings and an 80' drive‑through bay; Four bays with doors measuring 14' high by 12' wide; Approximately 6,000 SF section includes three bays
