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    2461 Iorio St Union, NJ 07083

    Sponsored
    For Lease
    Contact for pricing

    ±10,200 SF warehouse; 2.5 acres; ideal for distribution.

    Lot size:
    10,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located at 2461 Iorio Street in Union, NJ 07083, presents a significant opportunity for businesses seeking a versatile and spacious warehouse facility. The building encompasses approximately 10,200 square feet of single-tenant warehouse space, complemented by an expansive 2.5 acres of outdoor storage area, perfect for inventory management or equipment storage. The warehouse boasts a generous 15-foot clear ceiling height, providing ample vertical space for efficient storage and operations. Loading and unloading are facilitated by one loading dock and four convenient drive-in doors, ensuring smooth and efficient material handling. The property is equipped with robust electrical power, featuring a 1,400-amp, 120-280V heavy-duty service, capable of supporting demanding industrial operations. The entire 10,200 square feet is currently vacant, offering immediate occupancy for a new tenant. This combination of ample indoor and outdoor space, high ceilings, multiple access points, and substantial power capacity makes this property an attractive option for a wide range of industrial and distribution businesses. Inquire for pricing details.

    Property Features for 2461 Iorio St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,200 SF

    Unit(s) available at that property

    Space
    10,200 SF / 2.5 Acres IOS
    Size
    10,200 SF

    HighLights

    • 10,200 SF industrial warehouse on 2.5 acres of land.
    • Single‑tenant occupancy.
    • 15' clear ceiling height.
    • One loading dock and four drive‑in doors.
    • 1,400 amp, 120‑280V heavy power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Union
    County
    Union
    State
    New Jersey
    Longitude
    -74.2998295
    Latitude
    40.694573

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    FAQs

    What type of property is this?
    Distribution property - ±10,200 SF warehouse; 2.5 acres; ideal for distribution.
    Where is this distribution property located?
    The property is located at 2461 Iorio St Union, NJ.
    What are key features of this property?
    This property features: 10,200 SF industrial warehouse on 2.5 acres of land.; Single-tenant occupancy.; 15' clear ceiling height.
    Request Owner's contact information
    2461 Iorio St Union, NJ 07083
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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
    2461 Iorio St Union, NJ 07083
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