Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    215 Deans Ln South Brunswick Township, NJ 08852

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2 Acres, Outdoor Storage, Immediate Availability

    Lot size:
    86,249 SF

    Property Features for 215 Deans Ln

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    86,249 SF

    Spaces For Lease

    at 215 Deans Ln, South Brunswick Township, NJ 08852 Contact us

    We can help!

    Listing Contact
    Jonathan Glick
    Jonathan Glick

    Listing Agency: Sheldon Gross Realty Inc Listing Agent: Jonathan Glick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 1.98-acre industrial land parcel in Monmouth Junction, NJ, presents a unique opportunity for outdoor storage. Located in Middlesex County, this single-tenant property is zoned LI-2 and offers a versatile space ideal for equipment or vehicle storage. The site boasts mostly hard surface area, enhancing functionality and ease of use. A pre-existing structure, comprising approximately 1,200 square feet of garage space and a small office building, adds further value and potential. This property benefits from its strategic location, providing convenient access to major transportation arteries including Routes 1 and 130, and NJ Turnpike Exit 8A. The property is ready for immediate occupancy, with availability commencing in approximately 60 days. This is an excellent opportunity for businesses seeking a secure and well-situated outdoor storage solution in a thriving industrial area. The property's zoning designation, LI-2, should be verified independently to ensure compliance with intended use. Serious inquiries are encouraged to explore this prime industrial land offering.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Skin Care Clinic Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Brunswick Township
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.5175584
    Latitude
    40.4075214

    Nearby Similar for Lease

    • Contact for pricing
      3,000 SF

      Prime Kendall Park Office Space

      3,000 SF Executive Office Suite Available
      3534 Rte 27, South Brunswick Township, NJ 08824
      View Details
    • $9 SF/Yr
      28,144 SF

      Ridge Road Office Space Available

      Prime Monmouth Junction Office Suites
      613 Rdg Rd, South Brunswick Township, NJ 08852
      View Details
    • $24 SF/Yr
      69,000 SF

      2 Commerce Drive Creative Office Space

      South Brunswick, NJ: Modern Creative Office Suites Available
      2 Commerce Dr, South Brunswick Township, NJ 08512
      View Details
    • Contact for pricing
      15,600 SF

      Route 130 North Industrial Space

      Modern Distribution Center; Suites Available
      2382 Us-130, South Brunswick Township, NJ 08810
      View Details
    • $15 SF/Yr
      100,000 SF

      Dayton Business Park: Industrial Space for Lease

      Modern Flex Space, South Brunswick, NJ
      20 Haypress Rd, South Brunswick Township, NJ 08512
      View Details
    • $10 SF/Yr
      6,251 SF

      4301 Us-1 1 &

      Office space
      4301 Us-1 1 &, South Brunswick Township, NJ 08852
      View Details
    • $14 SF/Yr
      1,000 SF

      Prime South Brunswick Warehouse Space

      1,000 SF Industrial Warehouse, NJ
      335 New Rd Rd, South Brunswick Township, NJ 08852
      View Details
    • $12 SF/Yr
      2,900 SF

      South Brunswick Industrial Warehouse

      2900 SF Warehouse, Great Location
      335 New Rd Rd, South Brunswick Township, NJ 08852
      View Details
    • $15 SF/Yr
      455 SF

      Prime Industrial Space, New Road

      455 sq ft Warehouse/Manufacturing Space
      335 New Rd Rd, South Brunswick Township, NJ 08852
      View Details
    • $12 SF/Yr
      1,000 SF

      South Brunswick Warehouse For Sale

      1,000 sq ft Industrial Space in NJ
      335 New Rd Rd, South Brunswick Township, NJ 08852
      View Details
    • $15 SF/Yr
      455 SF

      South Brunswick Industrial Warehouse

      455 SF Warehouse, Great Location!
      335 New Rd Rd, South Brunswick Township, NJ 08852
      View Details

    FAQs

    What type of property is this?
    Land - 2 Acres, Outdoor Storage, Immediate Availability
    Where is this land located?
    The property is located at 215 Deans Ln South Brunswick Township, NJ.
    What are key features of this property?
    This property features: 1.98-acre industrial outdoor storage site available for lease.; Includes approximately 1,200 square feet of garage and small office space.; Suitable for equipment or vehicle storage.
    Request Owner's contact information
    215 Deans Ln South Brunswick Township, NJ 08852
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    215 Deans Ln
    South Brunswick Township, NJ 08852
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 Deans Ln South Brunswick Township, NJ 08852
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jonathan Glick
    Jonathan Glick
    Real Estate License ID: 8636982
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!