Building Details

Buildings 1

Stories 1

Listing Agency: Commercial Property Agents, LLC

Listed By: Jeffrey Rosenberg · License #8935243

Source: Crexi

Added: Mar 25, 2021 Changed: Aug 17 Last Checked: Aug 21 at 5:58PM

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Investment Insights

Based on property information with market context.

This industrial land site in Morris County, NJ, presents a purchase opportunity for a user or investor. Situated in a corporate park setting just off a 4-way interchange of I-80, the property is offered for sale with site plan approvals for a 64,515 SF industrial/warehouse building. The approved plans feature ceiling heights of 40 feet, column spans of 48 feet 3 inches by 50 feet, and parking for up to 36 cars. Loading capabilities include 15 dock doors and 1 drive-in door. Public utilities such as water, sewer, gas, and electric are available at the street.

Key Highlights

• Approved site plan for a 64,515 SF industrial/warehouse building.
• Located directly off a 4‑way interchange of I‑80 in Morris County, NJ.
• Benefit from 40’ ceiling heights.

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Daycare Center Tech Support Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39

Businesses Nearby

Explore this area Business Placement

Demographics for 07828, NJ

14,473

Population

5,970

Households

2.4

Avg Household Size

39

Median Age

44%

College-Educated

95%

High-School Grad

14.2 sq mi

ZIP Area

1,019

Density / Sq Mi

$96,989

Median Household Income

$57,074

Median Earnings

$1,483

Median Rent

$433,200

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial land for sale with approved plans in Morris County.

Where is this industrial land located?

The property is located at 217 Waterloo Valley Rd Mount Olive, NJ.

What are key features of this property?

This property features: Approved site plan for a **64,515 SF industrial/warehouse building.**; Located directly off a 4‑way interchange of I‑80 in Morris County, NJ.; Benefit from **40’ ceiling heights.**