Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6 Wyckoff Mills Rd Cranbury, NJ 8512

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $975,000

    Two contiguous lots in a strategic industrial zone for sale.

    Added:
    May 27, 2025
    Days on Market:
    310
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 6 Wyckoff Mills Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    SUSAN DILEO

    Listing agent SUSAN DILEO

    Listing office MELCHOR REALTY

    Listing date May 27, 2025

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of MELCHOR REALTY

    Overview

    Industrial Land in Cranbury Township

    This offering presents a rare investment or development opportunity within one of Middlesex County's key industrial corridors. Located at 6 Wyckoffs Mills Road, this property comprises two adjacent parcels zoned Light Impact Industrial (L-I), suitable for various permitted uses, including warehousing, light manufacturing, flex space, and logistics. The site benefits from its proximity to NJ Turnpike Exit 8A, Route 130, and major distribution hubs, providing exceptional connectivity for business operations. Cranbury is a thriving location for industrial users, characterized by strong demand and limited supply. These two contiguous lots offer flexibility for development or resale in a well-established industrial zone with easy access to major transportation arteries. This represents an excellent investment in a high-demand industrial market. Buyer to perform their own due diligence regarding permitted uses and development requirements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Pharmacy Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cranbury
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.4891
    Latitude
    40.2832

    Nearby Similar for Sale

    • $599,900

      Cranbury Twp Land For Sale

      8+ acre site with commercial potential in Cranbury Twp.
      Us 130, Cranbury Twp, NJ 08512
      View Details
    • $995,000

      Commercial Lot Near Route 130

      1.5+ acre commercial lot with existing structure near Route 130.
      110 S MAIN Street, CRANBURY, NJ 08512
      View Details
    • $197,000

      Three Acres in Cranbury, NJ

      Three-acre partially wooded land parcel in Cranbury, New Jersey.
      82 MILLER ROAD, CRANBURY, NJ 08512
      View Details
    • Contact for pricing
      100,000 SF

      Self-Storage Redevelopment Opportunity

      Land for self-storage redevelopment, Route 130 frontage.
      1274 South River Road, Cranbury, NJ 08512
      View Details
    • $249,000

      Cranbury Land For Sale

      1.13 acre land available in Cranbury, New Jersey.
      6 RYAN Road, CRANBURY, NJ 08512
      View Details
    • Contact for pricing
      65,277 SF

      South Brunswick Warehouse Opportunity

      Warehouse space near Exit 8A and major transportation hubs.
      19 Commerce Dr, Cranbury, NJ
      View Details

    FAQs

    What type of property is this?
    Industrial land - Two contiguous lots in a strategic industrial zone for sale.
    Where is this industrial land located?
    The property is located at 6 Wyckoff Mills Rd Cranbury, NJ.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Strategic location in a high‑demand industrial market with close proximity to NJ Turnpike Exit 8A, Route 130, and major distribution hubs.; Zoned Light Impact Industrial (L‑I) ideal for a wide range of permitted uses including warehousing, light manufacturing, flex space, and logistics.; Rare investment or development opportunity in a strategic industrial corridor.
    (908) 475-2050
    We can help!
    Listing Contact
    SUSAN DILEO
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!