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    47 Commerce Dr Cranbury, NJ 08512

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    For Sale
    $10,900,000

    43,500 SF building near NJ Turnpike Exit 8A.

    Property size:
    43,500 SF
    Lot size:
    8.67 Acres

    Property Features for 47 Commerce Dr

    General Information

    Size
    43,500 SF
    Lot size
    8.67 Acres

    Source: Fennelly Associates Agent Gerard J. Fennelly

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

    Overview

    Cranbury Warehouse and Office Space

    This 43,500 square foot building is situated on 8.65 acres. It features 13,619 square feet of office space in the front and an additional 1,500 square feet in the back. The property is equipped with 600 Amps of power, natural gas, and city water and sewer connections. The building has 18-foot ceilings and 40’ x 40’ column spacing. Loading and access are facilitated by one drive-in door and two external loading docks. The property is zoned I-3 and is located approximately ¼ mile from NJ Turnpike Exit 8A. The roof was updated in 2020 with a TPO membrane using a heat-welded seam. The front offices are serviced by five Carrier HVAC units, which were replaced in 2019, and the rear office has one Carrier HVAC unit. There are six bathrooms located throughout the building. The property taxes are $73,580.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lumiko USA Inc. ... Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Auto Repair Shop Hair Salon Clothing Store Nail Salon Wholesale Shop

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

    Similar Places Nearby

    Smart Warehouse & Logistics, W.B. Mason Warehouse, GRM Document Management South Brunswick

    Location Insight

    • Map
    • Local Demand
    City
    Cranbury
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.488998
    Latitude
    40.340612

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    FAQs

    What type of property is this?
    Warehouse - 43,500 SF building near NJ Turnpike Exit 8A.
    Where is this warehouse located?
    The property is located at 47 Commerce Dr Cranbury, NJ.
    What is the asking price?
    The asking price for this property is $10,900,000.
    What are key features of this property?
    This property features: - Excellent Location: ¼ mile to NJ Turnpike Exit 8A; - Substantial Building Size: 43,500 SF Building on 8.65 Acres; - Functional Loading: 1 Drive-in and 2 External Loading Docks
    (609) 306-3158
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    47 Commerce Dr Cranbury, NJ 08512
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    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
    47 Commerce Dr Cranbury, NJ 08512
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