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

    1829 Underwood Blvd Delran, NJ 08075

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

    NJ Flex Warehouse, 13,061 SF Vacant

    Lot size:
    39,941 SF

    Property Features for 1829 Underwood Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,941 SF

    Building Details

    Year Built
    1976
    Stories
    1

    Spaces For Lease

    at 1829 Underwood Blvd, Delran, NJ 08075 Contact us

    We can help!

    Listing Contact
    Scott Mertz
    Scott Mertz

    Listing Agency: NAI Mertz Listing Agent: Scott Mertz

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

    Learn more

    Property Insight Report

    Overview

    This exceptional Delran, New Jersey industrial property, located at 1829 Underwood Blvd, offers a prime opportunity for businesses seeking flexible warehouse or flex space. The single-story building, constructed in 1976, boasts a total of 39,941 square feet and sits on a generous 3.35-acre lot. Currently, there is 13,061 square feet of vacant space available, divisible into units as small as 3,045 square feet, with a maximum contiguous space of 5,008 square feet. The building features an impressive 18-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by 11 loading docks and a single drive-in door. The property is equipped with 208/120v, 200 amp, 3-phase power, ensuring sufficient electrical capacity for a variety of industrial operations. The property's APN is 10-00009-0000-00041-12 and is situated in Burlington County, New Jersey, with a zip code of 08075. This multi-tenant building presents a versatile solution for businesses seeking a strategic location in a well-established industrial park. The property's size and features make it ideal for a range of industrial and distribution needs. Contact us today to learn more about this exceptional opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rancocas Creek Mold ... Food Market Tvr Communication Telecommunications Service Kaleidoscope Inc. Advertising Agency New Jersey Safety ... Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Delran
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.9587789
    Latitude
    40.0179246

    Nearby Similar for Lease

    • Contact for pricing
      39,941 SF

      Industrial Flex Building in Delran

      Multi-tenanted industrial/flex building with tailgate loading and office space.
      1829 Underwood Blvd, Delran, NJ 08075
      View Details
    • Contact for pricing
      34,722 SF

      Warehouse with Fenced Lot

      34,722 SF warehouse with air-conditioned office and fenced lot.
      1816 Underwood Blvd, Delran, NJ 08075
      View Details
    • Contact for pricing

      Retail Space on Route 130

      Retail property on Route 130 with high traffic volume.
      5011 Route 130, Delran, NJ 08075
      View Details
    • Contact for pricing
      2,405 SF

      Retail Spaces Available For Rent

      Multiple small shop spaces available for rent.
      1341 S Fairview St, Delran, NJ 08075
      View Details
    • Contact for pricing
      1,700 SF

      Delran Retail Spaces Available

      Multiple small shop spaces available for rent in Delran.
      1361 Fairview Blvd, Delran, NJ 08075
      View Details
    • Contact for pricing
      11,000 SF

      Retail Spaces Available For Rent

      Multiple small shop spaces available for rent in Delran.
      7006 Route 130, Delran, NJ 08075
      View Details
    • Contact for pricing
      3,400 SF

      Retail Space on Route 130

      Retail space available on high-traffic Route 130.
      5011 Us-130, Delran, NJ
      View Details
    • Contact for pricing
      4,000 SF

      Delran Retail Spaces Available

      Multiple small shop spaces available for rent in Delran.
      1331 Fairview Blvd, Delran, NJ 08075
      View Details
    • Contact for pricing
      8,255 SF

      Retail Space on Route 130

      Retail space available on high-traffic Route 130 in Delran.
      5029 Us 130, Delran, NJ
      View Details
    • Contact for pricing
      10,390 SF

      Retail Space on Route 130

      Highly visible retail space with strong traffic and accessibility.
      4004 Us-130, Delran, NJ
      View Details
    • Contact for pricing
      41,301 SF

      Industrial Flex Building For Rent

      Multi-tenanted industrial/flex building with tailgate and drive-in loading.
      1819 Underwood Blvd, Delran, NJ 08075
      View Details
    • Contact for pricing
      30,045 SF

      Industrial Building in Millside Park

      30,045 SF industrial building for lease in Delran, NJ.
      1812 Underwood Blvd, Delran, NJ 08075
      View Details

    FAQs

    What type of property is this?
    Distribution property - NJ Flex Warehouse, 13,061 SF Vacant
    Where is this distribution property located?
    The property is located at 1829 Underwood Blvd Delran, NJ.
    What are key features of this property?
    This property features: Each unit features tailgate loading.; High ceilings (17'-18') in warehouse area.; Air-conditioned office space.
    (609) 413-5647 Call to check price and availability
    Request Owner's contact information
    1829 Underwood Blvd Delran, NJ 08075
    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.
    1829 Underwood Blvd
    Delran, NJ 08075
    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
    1829 Underwood Blvd Delran, NJ 08075
    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 Scott Mertz
    Scott Mertz
    Real Estate License ID: 9701310
    (609) 413-5647 (856) 802-6529
    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!