Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1301 Metropolitan Ave West Deptford, NJ 08066

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1301 Metropolitan Ave West Deptford, NJ 08066

    View on Map
    • Commercial real estate
    • 2.62 lot acres
    For Lease
    $5,550,000
    View Listing →
    Warehouse/Industrial Building Near I-295 For Lease
    $5,550,000
    41,920 SF

    Warehouse/Industrial Building Near I-295

    41,920 SF multi-tenanted warehouse/industrial building, convenient highway access.

    1301 Metropolitan Ave, West Deptford, NJ 8066
    View Listing
    Property ID
    US59-1261353
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,550,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • www.BBToyStore.com / (Bike/Boat/Book/etc) Store / Arcade & Gaming Center
    • B B Novelties, LLC / (Bike/Boat/Book/etc) Store
    • Camin Cargo Control Inc / Freight Service / Logistics Company

    Property Details for 1301 Metropolitan Ave

    Lot size
    2.62 lot acres
    Property type
    Commercial real estate
    APN
    20 00347- 03-00003
    APU
    20003470300003

    Description

    This exceptional 41,920-square-foot industrial property, located at 1301 Metropolitan Avenue in West Deptford, New Jersey, presents a significant opportunity. The building, constructed in 1964 and classified as Class C, offers a versatile single-tenant occupancy arrangement with 10,480 square feet currently vacant. The property sits on a substantial 2.62-acre lot, providing ample space for operations and potential expansion. The building features a desirable 16-foot ceiling height, ideal for various industrial uses, and robust power capabilities with 200-amp, 480-volt, 3-phase electrical service. Its convenient location just off I-295 (Exit 20) in Gloucester County, New Jersey (zip code 08066) ensures excellent access to major transportation routes, streamlining logistics and distribution. The property's flex/warehouse subtype caters to a wide range of businesses seeking efficient and adaptable space. The available 10,480 square feet presents a prime opportunity for immediate occupancy and operational commencement. This property is an excellent investment for businesses seeking a strategic location and functional industrial space in a thriving New Jersey market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,900,000
      ML approach
      $5,755,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Deptford
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.1953
    Latitude
    39.8309
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $69,502
    $248,900
    $1,776,800
    $2,025,700
    -
    $248,900
    $1,776,800
    $2,025,700

    Comparable in this City

    • Value Estimation by Request
      1,525 SF

      600 Broad St

      Commercial real estate • 1,525 SF
      600 Broad St, Paulsboro, NJ 08066
      View Details
    • Value Estimation
      $14,010,000
      7.54 Acres

      1400 Imperial Way, Unit 1480

      COMMERCIAL (GENERAL) • 7.54 Acres
      1400 Imperial Way, West Deptford, NJ 08066-1811
      View Details
    • Value Estimation by Request
      0.10 Acres

      22 Washington St

      COMMERCIAL (GENERAL) • 0.10 Acres
      22 Washington St, Paulsboro, NJ 08066-1270
      View Details
    • Value Estimation by Request
      0.56 Acres

      350 Buck St

      COMMERCIAL (GENERAL) • 0.56 Acres
      350 Buck St, Paulsboro, NJ 08066-1060
      View Details
    • Value Estimation by Request
      3,303 SF

      1306 Delaware St, Unit 8

      COMMERCIAL (GENERAL) • 3,303 SF
      1306 Delaware St, Paulsboro, NJ 08066-1322
      View Details
    • Value Estimation by Request
      4.33 Acres

      684 Mantua Grv Rd

      COMMERCIAL (GENERAL) • 4.33 Acres
      684 Mantua Grv Rd, West Deptford, NJ 08066-1733
      View Details

    Similar Nearby for Sale

    • $485,000
      5,000 SF

      Paulsboro Commercial Building - Huge Potential

      Iconic building, 5000+ sq ft, prime location.
      402 Cook Ave, Paulsboro, NJ 08066
      View Details
    • Contact for pricing
      0.11 Acres

      Land in Paulsboro, NJ

      Land available in Paulsboro, New Jersey.
      106 E Adams St, Paulsboro, NJ 08066
      View Details
    • $425,000
      4,464 SF

      Paulsboro Multifamily Investment Opportunity

      Four-unit multifamily property with value-add potential in Paulsboro, NJ.
      53-55 Roosevelt St, Paulsboro, NJ 08066
      View Details
    • $99,950
      0.25 Acres

      Prime Corner Lot in Paulsboro

      Corner lot in C-1 zoning district, public utilities available.
      242 Billingsport Rd, Paulsboro, NJ 08066
      View Details
    • $335,000
      1.18 Acres

      Prime Commercial Land Opportunity

      1.18 acre lot in redevelopment zone with high traffic.
      Lodge Ave, Paulsboro, NJ 08066
      View Details
    • Contact for pricing
      Pending

      Prime Land in Interchange Redevelopment

      4 +/- acres in Interchange Redevelopment zoning district.
      L8 Lodge Ave, Paulsboro, NJ 08066
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial/Flex Unit For Lease

      6,000 SF industrial/flex unit available for lease.
      195 Borelli Blvd, Paulsboro, NJ 08066
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Space Available

      Prime retail space for lease in Paulsboro Plaza, NJ.
      545 W Broad St, Paulsboro, NJ 08066
      View Details
    • Contact for pricing

      Industrial Warehouse Near I-295 Exit

      99,783 SF warehouse with convenient highway access.
      1480 Grandview Ave, Thorofare, NJ 08066
      View Details
    • Contact for pricing

      Commercial Land Ready For Rent

      3.25 acres of paved, lit parking with highway access.
      181 Borelli Blvd, Paulsboro, NJ 08066
      View Details
    • Contact for pricing
      19,462 SF

      West Deptford Flex R&D Space

      Flex R&D space available for lease in West Deptford.
      1222 Forest Pkwy, West Deptford, NJ 08066
      View Details
    • $10 SF/Yr

      Warehouse Building with Rail Access

      179,785 SF divisible warehouse with rail access near I-295.
      1370 Imperial Way, West Deptford, NJ 08066
      View Details
    View Listing
    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.
    1301 Metropolitan Ave
    West Deptford, NJ 08066
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!