5130 W Hurley Pond Rd Wall Township — Sale in Wall Township, NJ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Wall Township, NJ 07727
  • Year built: 1983

Investment Figures

Cap rate
2.73%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Geller Group at Marcus & Millichap is proud to offer this rare Industrial Outdoor Storage (IOS) asset located at 5130 West Hurley Pond Road in Wall Township, New Jersey. Priced at $14,500,000, the property spans 5.85 acres of GI 2 zoned industrial land and now features a 14,750 SF office/industrial/warehouse structure—providing a far more substantial built component alongside significant excess land. This enlarged building footprint enhances functionality for IOS users, fleet operators, contractor yards, and storage driven industrial tenants while preserving the oversized land to building ratio that makes the site strategically valuable. The property’s OFC/INDST/WHSE classification and GI 2 zoning permit a wide array of industrial uses ideal for outdoor storage, staging, heavy equipment parking, and operational yards. County tax records verify the 5.85 acre lot with a land assessment of $585,000, emphasizing strong long term intrinsic value in a constrained IOS submarket. Large, flexible yard oriented sites remain limited throughout Western Monmouth County, significantly enhancing the offering’s scarcity value. This offering represents a powerful value add IOS opportunity, supported by strong existing cash flow and substantial upside through strategic lease up. The property currently produces in place NOI of $367,379, providing immediate yield upon acquisition. By expanding IOS oriented tenancy, optimizing utilization of the enlarged 14,750 SF structure, and aligning rents to market levels, investors can drive performance to a projected pro forma NOI of $1,070,054. This income growth is driven by IOS scarcity, zoning flexibility, and increasing regional demand for yard centric industrial assets—positioning the property for accelerated value creation. Financial fundamentals continue to reflect stability. The site carries an assessed market value of $903,300, with 2024 taxes of $19,131. Historical sale data showing a prior transaction at $1,200,000 in 2013 demonst

Market Context

This industrial in Wall Township, NJ is listed for sale. It is offered at an approximate 2.7% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1983. It has been on the market for 100 days. Compare it against other industrial listings for sale in Wall Township, NJ — view the full market.

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