Industrial Development Site w/ Approved Plans 1471 W Whitty Rd 93,700 SF Vacant Industrial Building Online Auction Sale Toms River, NJ 08755

Make a mark on the sought-after New Jersey industrial market with this rare opportunity to acquire a premier development site with approved plans for two modern warehouses at 1471 W Whitty Road in Toms River.

Spanning 7.43 acres with light industrial (LI) zoning, this flexible development is ideal for the creation of high-quality new space for light manufacturing, logistics, warehousing, and distribution. The approved plans comprise two facilities for a total floor area of 93,700 square feet. Building A is set to include 17,203 square feet of total space, with 14,568 square feet of warehouse area and 2,635 square feet of dedicated office space. Building B will span a total of 76,497 square feet, with a 58,382-square-foot warehouse and 18,115 square feet of offices.

Both buildings at 1471 W Whitty Road are designed with efficiency and function at their core, ideally poised to meet the needs of today’s industrial landscape. The robust loading infrastructure is planned to include eight dock-high doors, three grade-level drive-in doors, and flexible clear heights up to 45 feet, allowing for convenient vertical storage. The site will be improved with abundant parking for up to 139 vehicles, a large truck court, and separate points of ingress and egress for seamless access and logistics. There is an existing entry point built on Lakewood Road, allowing for simplified development access.

Situated just 1 mile off the Garden State Parkway, this premier location allows businesses to tap into the area’s best-in-class logistics infrastructure. The site is easily accessible to major highways, including Routes 9, 37, and 70, connecting to major metro areas such as Philadelphia in 68 miles, Newark in 65 miles, and New York City in 70 miles. The property’s central location also allows businesses to quickly reach multiple international airports, rail terminals, and the ports of New York in New Jersey, offering impressive multimodal freight solutions.

Situated within the Ocean County Industrial Submarket, between Toms River and Lakewood Industrial Park, 1470 W Whitty Road offers the chance for industrial businesses to create a bespoke space to grow their operations in a well-connected commercial hub. The surrounding area promotes a culture of growth and expansion for businesses, supported by a blue-collar workforce of more than 16,000 within 5 miles of the property. Investors will also be able to capture substantial returns, with average annual rent growth of 6.1% during the past five years. Once the property is occupied, a new owner will be able to quickly offload the property for a premium, given the submarket's strong liquidity, with 18 sales and $57.5 million in sales volume recorded over the past 12 months. This also opens the door for a lucrative potential sale-leaseback by an owner/user, offsetting the development costs while retaining full control of the construction standards.

Dream big with this fully approved industrial development featuring top-tier design, a flexible and efficient layout, and a premier location near several multimodal distribution hubs at 1471 W Whitty Road.

Property tours are by appointment only. Please contact the listing broker to schedule.