End-Unit Flex
For Sale
$259,900
A3-150 Cooper Rd, West Berlin, NJ
End-unit commercial space includes private offices, a kitchen area, two restrooms, and storage.
Property Size1,800 SF
Price / SF$144.39
Days on Market13
Property Features for A3-150 Cooper Rd
General Information
Standard status
Active
Size
1,800 SF
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,896
Listing Agency:
BHHS Fox & Roach-Marlton
(856) 810-5710
Listed By:
Sidney Benstead · License #8032152
(856) 810-5710
Source:
Exprealty
Added: Jul 28
Changed: Aug 7
Last Checked: Aug 8 at 9:39AM
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 BHHS Fox & Roach-Marlton
Investment Insights
Based on property information with market context.
This approximately 1,800-square-foot flex space is positioned as an end unit within a Professional/Industrial Park. The interior includes multiple private offices, a kitchen and break area, two restrooms, and dedicated storage, providing a practical mix of office and support areas.
The property has frontage and visibility along Cooper Road in West Berlin, New Jersey. Its flexible configuration can also be adapted for warehouse use, offering an alternative layout for businesses that need more functional space.
The property has frontage and visibility along Cooper Road in West Berlin, New Jersey. Its flexible configuration can also be adapted for warehouse use, offering an alternative layout for businesses that need more functional space.
Key Highlights
- Approximately 1,800 sq. ft. of commercial flex space
- End unit with frontage directly on Cooper Road
- Multiple private offices with kitchen and break area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,887
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,740
$437.7K
Cap Rate 7%
$312,671
$312.7K
Cap Rate 9%
$243,189
$243.2K
Market Conditions
NOI Build-Up for 1,800 SF
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.
Gross rent
$28.1K $15.60/SF
− Vacancy
−$2.3K −$1.29/SF
EGI
$25.7K $14.31/SF
− OpEx
−$3.9K −$2.15/SF
NOI
$21.9K $12.16/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,740
Cap Rate 7%
$312,671
Cap Rate 9%
$243,189
Alternative Uses
Best Use
Office B
$360.8K
$315.7K – $421.0K
NOI $25,258 @ 7.0% cap · market cap 9.72%
Second Best
Warehouse
$312.7K
$273.6K – $364.8K
NOI $21,887 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$456.4K
$399.4K – $532.5K
NOI $31,948 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Zallie's Catering — 116 Walker Ave, West Berlin, NJ 08091
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- Sweetboards, LLC — 223 Haddon Ave, West Berlin, NJ 08091
Frequently Asked Questions
What type of property is this?
Flex space - End-unit commercial space includes private offices, a kitchen area, two restrooms, and storage.
Where is this flex space located?
The property is located at A3-150 Cooper Rd West Berlin, NJ.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Approximately 1,800 sq. ft. of commercial flex space; End unit with frontage directly on Cooper Road; Multiple private offices with kitchen and break area
