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52,000 SF High-Ceiling GC-Zoned Flex/Industrial Facility | Docks, Drive-Ins, Outdoor Storage | UEZ | Below Market

$5,500,000

201 West Decatur Avenue, Pleasantville, NJ 08232

Active
Last Updated: 11/26/2025

9

Pro Forma Cap Rate

52,000 sqft

Building Size

Details:
Pro Forma Cap Rate :    9%
Building Size:    52,000 sqft
Lot Area:    2.56 acres
Year Built:    1985
Price Per Sqft:    $105.76
Zoning:    GC
Tenancy:    Multiple
Floors:    2
Opportunity Zone:    Yes
Seller Financing:    No
Parking Spots:    150
Construction Status:    Existing
Parking Ratio:    3
Warehouse %:    65%
Number of Elevators:    1
Roof:    Well Maintained
HVAC:    Heating In Warehouse & HVAC In Office
Floor:    Reinforced concrete slab
Restrooms:    10
CeilingHeight:    28
Gross Leaseable Area:    52,000
Year Last Renovated:    2009
Highlights:
  • Versatile 52,000 SF GC-zoned facility suitable for sports, healthcare, industrial, logistics, creative production, or flex use
  • Ideal mix of space: approx. 32,000 SF warehouse + 20,000 SF office/production/showroom
  • High ceilings (24–28 ft) with wide-open clear spans
  • Excellent loading infrastructure: 4 loading docks + 3 drive-in doors
  • 2 acres of fenced outdoor storage/parking with 150+ parking spaces
  • Located in the Urban Enterprise Zone (UEZ) offering 50% sales tax savings and business incentives
  • GC zoning allows an extremely broad range of commercial, medical, recreational, and industrial uses
  • Energy-efficient LED lighting, fully sprinklered, heated warehouse, and conditioned office areas
  • Below-market pricing: offered at $105.76/SF (NJ comps typically $180–$250/SF)
  • Value-add or owner-user opportunity—vacant and ready for immediate occupancy
  • Proven viability for national tenants — Walmart previously leased the facility
  • Strong building pedigree — former ACS (Atlantic Coin & Slot) facility
  • Located minutes from Atlantic City, AC Expressway, and the Garden State Parkway
  • Surrounded by major national retailers: Walmart, Sam’s Club, Home Depot, KFC, Walgreens
  • Positioned in a high-growth corridor with 106,000+ residents within 5 miles and $94,000+ average household income
  • Flexible configuration allows single-tenant or multi-tenant layout potential
  • Ideal for manufacturing, training/sports complex, medical center, contractor hub, distribution staging, fleet operations, or creative use
Description:

Versatile 52,000 SF GC-Zoned Facility in Pleasantville, NJ — Ideal for Sports, Healthcare, Flex, Industrial, or Logistics Uses

A rare General Commercial (GC) Zoned property offering unmatched flexibility for sports, healthcare, industrial, creative, and logistics uses.
In today’s market—where single-use buildings limit growth—this multi-venue compatible property lets you shape the space to your exact vision.

Building pedigree:

Walmart previously leased this facility for seasonal operations

Formerly home to ACS (Atlantic Coin & Slot Services), known for high-quality, secure, high-clearance industrial infrastructure

True 28' high ceilings (not nominal), providing genuine vertical clearance for racking, sports, or medical equipment

Perfect for Multiple Uses (GC Zoning – Extremely Flexible)

This building is fully adaptable for:

Sports & Recreation Uses

Sports training facility

Indoor turf field

Basketball / volleyball courts

Pickleball complex

Fitness center / CrossFit gym

Dance / cheer / martial arts studios

Batting cages / pitching tunnels

Trampoline park / indoor adventure park

Esports arena / gaming center

Healthcare & Medical Uses

Outpatient surgery center

Medical imaging / radiology

Urgent care or specialty clinic

Physical therapy & rehabilitation

Behavioral health / wellness center

Community health hub

Medical or pharmaceutical supply distribution

Dialysis, lab, or outpatient diagnostic center

Industrial, Flex & Commercial Uses

Light manufacturing / assembly

Fabrication / workshop

Logistics & distribution

Contractor yard & supply center

Equipment rental operations

Self-storage / micro-warehouse

Creative production, film sets, content studios

R&D, tech labs, innovation space

Fleet storage / utility & infrastructure operations

A true multi-use asset—ideal for operators, investors, owner-users, and visionaries.

Property Features

52,000 SF clear-span space

True 24–28 ft high ceilings (sports-ready & industrial-ready)

4 loading docks + 3 drive-ins

2 acres of fenced outdoor storage / expansion land

Energy-efficient LED lighting

Fully sprinklered & heated

GC Zoning (extraordinary range of allowed uses)

Urban Enterprise Zone (UEZ): 50% sales tax savings

Move-in-ready layout

Easily subdivided for multi-tenant or consolidated for single-user occupancy

Previously leased by Walmart (6-month seasonal operations)

Prime Accessible Location

10 minutes from Atlantic City

1 mile to Atlantic City Expressway (Philadelphia AC)

2 miles to Garden State Parkway

55 minutes to Central NJ

Surrounded by retail anchors: Walmart, Sam’s Club, Home Depot, KFC, Walgreens

Pro-business workforce region

Below-Market Pricing
Lease:

$8.00/SF NNN
(Comparable flexible-use buildings in NJ lease for $16–$20/SF)

Purchase:

$5,500,000 (≈ $105.76/SF)
(New Jersey commercial/industrial comps: $180–$250/SF)

One of the best-value GC-zoned flex/industrial assets in the state.

Why This Property Stands Out

GC zoning = unlimited possibilities

True 28' high ceilings = sports, warehousing, healthcare equipment, racking

Strong logistics features support medical, industrial, retail, and distribution

UEZ status creates major operational tax savings

Outdoor acreage supports fleet, storage, recreation, expansion pads

Former home of ACS (Atlantic Coin & Slot) ensures high-quality build

Previous Walmart lease proves national-tenant viability

Adaptable for single-tenant or multi-tenant uses

This is the rare property that can be anything — sports, healthcare, entertainment, industrial, creative, storage, logistics, or a hybrid multi-use concept.

Virtual Tour

https://lnkd.in/etcDkCzF

Demographics & Market Strength

Surrounded by major national retailers with:

106,000+ residents within 5 miles

Average household income over $94,000

High visibility and easy signage opportunities

Direct access to major transportation corridors

Positioned for commercial AND industrial growth, this site offers significant upside in a fast-developing corridor of Atlantic County.

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