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Property profile & analytics
OFF-MARKET Estimated value $6,715,000
Industrial properties

100 Grv St Bridgeton, NJ 08302-3030

6.74 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-0048026
Property summary
AI-generated overview

This exceptional 6.74-acre industrial property located at 100 Grove Street, Bridgeton, NJ, presents a compelling redevelopment opportunity for discerning business owners and investors. The substantial warehouse building encompasses approximately 83,712 square feet and is currently in need of repair, offering a blank canvas for a comprehensive renovation or repurposing project. The property's strategic location within the Urban Enterprise Zone provides access to potential tax incentives and economic development programs, further enhancing its investment appeal. The expansive 6.74-acre lot offers ample space for expansion, additional construction, or the incorporation of outdoor operational areas. This substantial property is priced at $2,249,000 and represents a significant opportunity to acquire a large-scale industrial asset in a prime location with considerable upside potential. The existing structure, while requiring renovation, provides a solid foundation for a variety of industrial uses, making it an attractive proposition for businesses seeking to establish a strong presence in the Bridgeton market. The scale of the property and its location within the Urban Enterprise Zone combine to create a unique investment opportunity with significant long-term growth potential. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 6.74 ac (293,638 SF)
APN 01 00146-0000-00001- 02
UPID US59-0048026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.72M
Owner & transaction history
Universal Hemp C LLC · 3 yrs held
Universal Hemp C LLC
since 2022
Last sale
$6.0M
4 recorded transactions
2022
$6.0M
2022
Price N/A
2022
$500,000
2022
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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