Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    45 Griffith St Salem, NJ 08079

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $9,200,000

    92,000 SF warehouse on 12.13 acres with 16 docks.

    Property size:
    92,000 SF
    Lot size:
    12.07 Acres

    Property Features for 45 Griffith St

    General Information

    Size
    92,000 SF
    Lot size
    12.07 Acres

    Source: Wolf Commercial Real Estate, LLC/CORFAC International | New Jersey Agent Ryan J. Barikian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salem Warehouse with Dock Doors

    This 92,000 square foot warehouse is situated on a 12.13 acre lot. The building features 16 dock height doors, with one currently configured as a drive-in. The interior clear height reaches 34 feet. The floor thickness measures 6 inches. The building is equipped with a dry sprinklered system and LED lighting. It features heavy 3-phase power, with 880 amps.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ploughman's Restaurant Asian Restaurant Courier Systems Inc Courier Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    New Jersey
    Longitude
    -75.4720505
    Latitude
    39.5754834

    Nearby Similar for Sale

    • $249,900
      3,688 SF

      Victorian Multifamily Property in Salem

      Well-maintained Victorian duplex with classic features and ample parking.
      330-332 E Broadway, Salem, NJ 08079
      View Details
    • $345,000
      0.48 Acres

      Medical Office Building Near Hospital

      Professional medical office building across from Inspira Medical Center.
      1 Pointers Auburn Rd, Mannington, NJ 08079
      View Details
    • $495,000
      4,584 SF

      Turnkey Auto Repair Shop Opportunity

      Commercial property with auto shop, home, and income potential.
      139 Route 45, Salem, NJ 08079
      View Details
    • $350,000
      2,146 SF

      Iconic Salem Oak Diner For Sale

      Turnkey Silk City diner in historic Salem, New Jersey.
      113 W Broadway, Salem, NJ 08079
      View Details
    • New
      $150,000
      3,135 SF

      Historic Colonial Gem in Salem

      Circa-1900 Colonial with potential for restoration in historic Salem, NJ.
      52 Market St, Salem, NJ 08079
      View Details
    • New
      $280,000
      6,325 SF

      Salem Schoolhouse with Redevelopment Potential

      Two-story brick schoolhouse with subdivision potential in Salem, NJ.
      31 Oak St, Salem, NJ 08079
      View Details

    FAQs

    What type of property is this?
    Warehouse - 92,000 SF warehouse on 12.13 acres with 16 docks.
    Where is this warehouse located?
    The property is located at 45 Griffith St Salem, NJ.
    What is the asking price?
    The asking price for this property is $9,200,000.
    What are key features of this property?
    This property features: - 34' Ceiling Height; - 16 Dock Height Doors (1 Currently Drive-In); - Heavy 3 Phase Power/880 AMP
    (856) 383-5355
    Request Owner's contact information
    45 Griffith St Salem, NJ 08079
    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.
    45 Griffith St
    Salem, NJ 08079
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    45 Griffith St Salem, NJ 08079
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.