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Property profile & analytics
FOR LEASE
Warehouses
2000 Rand Blvd Phillipsburg, NJ 08865
Individually Owned
5-yr Hold
Property ID
US59-0910513
For Lease
1 / 3
Contact for pricing
2000 Rand Blvd, Phillipsburg, NJ 08865
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Property summary
AI-generated overview
• 2 miles to I-78 • 2 miles to Route 33 • 20 miles to I-476 • 55 miles to Port of Newark • 85 miles to Port of Philadelphia Available now for sublease Furniture available Security system Fully fenced 175,055 SF 3,423 SF main office area 703 SF receiving office area 130' 6" truck court depth 36' ceiling height 55' x 44'6" (60' speed bay) column spacing 32 loading docks 2 drive-in door 140 car parking spaces 205 stalls available within the park Demised by a chain link fence
Property profile
Verified
Property type
Warehouses
Total area
92,555 SF
UPID
US59-0910513
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pr Logistics 2000 · 5 yrs held
Pr Logistics 2000
since 2020
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Phillipsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Phillipsburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Status
For Lease
Total area
92,555 SF
UPID
US59-0910513
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Pr Logistics 2000
Individual
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
—
Pr Logistics 2000
Logistics Park 1-78 II
Grant Deed
related
—
Oct 10, 2019
—
I-78 Logistics Pk It Phillipsb
—
Deed
related
$167,610,000 · Miscellaneous Ins Co
Feb 15, 2018
$30,000,000
1-78 Logistics Pk Phillipsburg Urban Renewal LLC
Phillipsburg Commerce Park Urban Renewal LLC
Grant Deed
related
—
Jan 11, 2018
—
Phillipsburg Cmrc Pk Urban Ren
Town Of Phillipsburg
Deed
related
—
Jul 1, 2016
$2,500,000
Phillipsburg Commerce Park Urb
Town Of Phillipsburg
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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