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    56 Us Highway 46 Columbia, NJ 07832

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    For Lease
    $20,000 /Mo ($19 SF/Yr)

    Fully equipped trucking facility on 8+ acres near Route 80.

    Property size:
    12,104 SF
    Lot size:
    8.43 Acres

    Property Features for 56 Us Highway 46

    General Information

    Standard status
    Active
    Size
    12,104 SF
    Lot size
    8.43 Acres

    Building Details

    Year built
    9999

    We can help!

    Listing Contact
    Frank W. Anderson
    Source: Corcoran

    Listing Agency: RE/MAX TOWN & VALLEY Listing Agent: Frank W. Anderson

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

    Learn more

    Overview

    Turnkey Trucking Facility For Lease

    This commercial trucking facility is available for lease. Situated on over 8 acres, the property provides parking for more than 75 tractors, trailers, and commercial vehicles. The facility features a 4-bay truck repair shop, a parts department, a main office, a dispatch area, bathrooms, and a kitchenette. It is suitable for trucking, logistics, or fleet operations. The property is located approximately 3 minutes from Route 80 at Exit 4, about 72 miles from NYC and 94 miles from Philadelphia, positioning it to service NJ, PA, and NY. The property offers infrastructure and a strategic location for companies looking to grow, relocate, or streamline operations. The property contains 12,104 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Truck terminals

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Auto Repair Shop Hotel & Motel Pharmacy Food Market Accounting Firm Grocery & Convenience Store Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Warren
    State
    New Jersey
    Longitude
    -75.07331
    Latitude
    40.89821

    Nearby Similar for Lease

    • $20,000 /Mo
      12,104 SF

      Turnkey Trucking Facility For Lease

      Fully equipped trucking facility on 8+ acres near Route 80.
      56 Us Highway 46, Columbia, NJ 07832
      View Details
    • $370,000

      Industrial Warehouse Space Available

      Industrial warehouse space for rent.
      470 Rte, Columbia, NJ 07832
      View Details

    FAQs

    What type of property is this?
    Truck terminal - Fully equipped trucking facility on 8+ acres near Route 80.
    Where is this truck terminal located?
    The property is located at 56 Us Highway 46 Columbia, NJ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location: **3 minutes from Route 80 (Exit 4)** for servicing NJ, PA, and NY.; - Expansive 8+ acre facility with parking for over 75 tractors, trailers, and commercial vehicles.; - **Turnkey trucking facility:** includes 4-bay truck repair shop, parts department, main office, dispatch area, bathrooms, and kitchenette.
    (908) 303-5564
    Request Owner's contact information
    56 Us Highway 46 Columbia, NJ 07832
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    Columbia, NJ 07832
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    56 Us Highway 46 Columbia, NJ 07832
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    We can help!
    Listing Contact
    Frank W. Anderson
    Real Estate License ID: 8640596
    (908) 303-5564 (908) 852-1333 (908) 459-9888
    Learn more
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