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    1111 Limecrest Rd Lafayette, NJ 07848

    For Sale
    Contact for pricing

    85 Acres, Rail Served, Build-to-Suit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 75-85 acre industrial land parcel in Lafayette, NJ (Sussex County, zip code 07848) presents a unique investment opportunity. Located at 1111 Limecrest Rd, the property boasts an existing, nearly completed 52,000 square foot steel building (constructed in 2020) and is zoned for industrial use. Preliminary township approvals have been received for a 600,000 square foot warehouse, and the site has undergone extensive preparation, including clearing, grading, and wetland delineation. Environmental and preliminary studies are complete, and the entitlement process is underway. Utilities include public electric and gas, along with an on-site well and septic system. A rail spur extension from an existing line along the northeast property boundary is an optional feature. Conceptual designs include a single, up to 500,000 square foot building, which would necessitate the removal or relocation of the existing structure. Built-to-suit options are available to accommodate various sizes and configurations, making this a highly adaptable site for a wide range of industrial projects.

    Property Features for 1111 Limecrest Rd

    General Information

    Property type
    Land
    Lot Size
    3,267,000 SF

    HighLights

    • Entitlement process underway, preliminary studies complete.
    • Utilities include public electric and gas, plus on‑site well and septic.
    • Wetlands delineation already completed.
    • Build‑to‑suit options available.
    • All projects offer commission.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Spa & Massage Hair Salon Nail Salon Pharmacy Garden Center Electrical Service Assisted Living Facility Nursing Home Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.6874589
    Latitude
    41.0555458

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    FAQs

    What type of property is this?
    Land - 85 Acres, Rail Served, Build-to-Suit
    Where is this land located?
    The property is located at 1111 Limecrest Rd Lafayette, NJ.
    What are key features of this property?
    This property features: Entitlement process underway, preliminary studies complete.; Utilities include public electric and gas, plus on-site well and septic.; Wetlands delineation already completed.
    Request Owner's contact information
    1111 Limecrest Rd Lafayette, NJ 07848
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    Lafayette, NJ 07848
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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
    1111 Limecrest Rd Lafayette, NJ 07848
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