Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Canale Dr Egg Harbor Township, NJ 08234
    Back to Search
    Property profile & analytics

    Canale Dr Egg Harbor Township, NJ 08234

    View on Map
    • Warehouses
    • 36,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 0 Canale Dr

    Property size
    36,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional Class A industrial property, located in the thriving Egg Harbor Industrial Park in Atlantic County, NJ, offers 36,000 square feet of versatile space ideal for manufacturing, warehousing, and distribution. Currently under development with anticipated completion by March 2025, this single-tenant building features a 0.69-acre lot and boasts impressive 32-foot ceilings. The property is strategically positioned for easy access to major transportation arteries, including the Atlantic City Expressway and Garden State Parkway, providing seamless distribution throughout New Jersey and beyond to markets in Wilmington, DE, and Philadelphia, PA. Half of the building is already pre-leased to a reputable national tenant, providing immediate return on investment for owner-users or investors. The remaining 18,000 square feet is available for sale or lease. The building can be delivered with up to 4,000 AMPS of power, and the seller offers construction financing options. The asking sale price is $275 per square foot, totaling $9,900,000, and the asking lease rate is $18 per square foot annually ($1.50 per square foot monthly), totaling $27,000 plus NNN charges monthly. This property is suitable for a variety of industrial uses, including cold storage, dry storage, and is primed for cannabis licensing. The building can be delivered as a turnkey build-to-suit solution or as a white box facility with new HVAC and all utilities in place. This is a unique opportunity to acquire a state-of-the-art industrial facility in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Egg Harbor Township
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5585
    Latitude
    39.4214

    Comparable in this City

    • Value Estimation by Request
      28,500 SF

      Township Egg Hbr

      Manufacturing properties • 28,500 SF
      Township Egg Hbr, Egg Harbor Township, NJ 08234
      View Details
    • Value Estimation by Request
      36,000 SF

      Canale Dr

      Manufacturing properties • 36,000 SF
      0 Canale Dr, Egg Harbor Township, NJ 08234
      View Details
    • Value Estimation by Request
      28,500 SF

      Township NJ Egg Hbr

      Distribution properties • 28,500 SF
      Township NJ Egg Hbr, Egg Harbor Township, NJ 08234
      View Details
    • Value Estimation by Request
      30,000 SF

      12 Canale Dr

      Distribution properties • 30,000 SF
      12 Canale Dr, Egg Harbor Township, NJ 08234
      View Details
    • Value Estimation by Request

      104 Parkway Dr

      Distribution properties
      104 Parkway Dr, Egg Harbor Township, NJ 08234
      View Details
    • Value Estimation by Request
      8,500 SF

      2733 Fire Rd

      Distribution properties • 8,500 SF
      2733 Fire Rd, Egg Harbor Township, NJ 08234
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      171,000 SF

      Available Warehouse Space For Sale

      Warehouse space available ranging from 50,000 to 171,000 square feet.
      207 W Parkway Dr, Egg Harbor Township, NJ 08234
      View Details
    • Contact for pricing

      Egg Harbor Industrial Warehouse

      246,500 SF industrial building in Egg Harbor Township, NJ.
      Egg Hbr, Egg Harbor Township, NJ 08234
      View Details
    • Contact for pricing

      Industrial Space in Egg Harbor

      Available industrial space in Egg Harbor Township, New Jersey.
      Egg Hbr, Egg Harbor Township, NJ 08234
      View Details
    • Contact for pricing

      Industrial Facility Leased to FedEx

      36,720 SF industrial facility on 4 acres, fully leased.
      4 Canale Dr, Egg Harbor Township, NJ 08234
      View Details
    • $895,000
      9,433 SF

      Industrial Warehouse in Egg Harbor

      Versatile warehouse on 1.03 acres with excellent visibility.
      6064 Reega Ave, Egg Harbor Township, NJ 08234
      View Details
    • $3,549,000

      Prime Development Opportunity

      7.84-acre property with existing structure and development potential.
      439 Westcoat Rd, Egg Harbor Township, NJ 08234
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,500 SF

      Office/Flex Building with Warehouse

      9,000+/- SF office/flex building with warehouse space for rent.
      2727 Fire Rd, Egg Harbor Township, NJ 08234
      View Details
    • $28 SF/Yr
      304,049 SF

      Egg Harbor Flex Space Available

      Flex space available for lease in Egg Harbor Township, NJ.
      3393 Bargaintown Rd, Egg Harbor Township, NJ 08234
      View Details
    • $5,250 /Mo

      9,000 SF Office/Flex Building

      Office/flex building with warehouse space, convenient highway access.
      2727 Fire Rd, Egg Harbor, NJ 08234
      View Details
    • Contact for pricing

      Retail and Warehouse Space Available

      Retail and warehouse spaces for rent in Egg Harbor.
      6418 Black Horse Pike, Egg Harbor Township, NJ 08234
      View Details
    • New
      $2,950 /Mo

      New Flex-Warehouse with Office-Showroom

      New flex-warehouse with office-showroom available for lease.
      2501 Fernwood Ave, Egg Harbor Township, NJ 08234
      View Details
    • $4,167 /Mo

      Egg Harbor Township Commercial Space

      Office, service, and flex spaces available for rent.
      2511 Fire Rd, Egg Harbor Township, NJ 08234
      View Details
    Request Owner's contact information
    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.
    Canale Dr
    Egg Harbor Township, NJ 08234
    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
    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

    Thank You for Inquiry
    Canale Dr, Egg Harbor Township, NJ, 08234
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!