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1045 Limecrest Rd, Lafayette, NJ 07848

Industrial land with favorable feedback for warehouse development.

Property Size52,000 SF
Days on Market746

Property Features for 1045 Limecrest Rd

General Information

Standard status Active
Size 52,000 SF
Property subtype Industrial
Lease Type NNN
Listing Agency: National Land Developers, LLC
Listed By: May Smith · License #****
Source: Crexi
Added: Aug 20, 2024 Changed: Aug 22 Last Checked: Sep 1 at 9:29AM

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 National Land Developers, LLC

Investment Insights

Based on property information with market context.

This site, located in Lafayette, NJ, has been cleared, graded, and prepared for building construction. It was previously approved for two industrial use buildings. An informal preliminary review with Andover Township for a 600,000 square foot warehouse received favorable feedback. A DEP Letter of Interpretation application and review of wetlands was previously approved. An existing 52,000 square foot steel building, constructed in 2020, is 90% completed. The conceptual design includes a new single building up to 500,000 square feet, which would require the removal or relocation of the existing steel building. Built-to-suit options are available for various sizes and configurations. A rail spur extension from the existing rail line along the northeast property line is optional.

Key Highlights

  • Approved for industrial use buildings, with favorable feedback for a 600,000 SF warehouse.
  • Site is cleared, graded, and prepared for building construction.
  • Existing 52,000 SF steel building (90% completed) on site.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Building Supply Law Firm Hair Salon Pharmacy Spa & Massage Center

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

18
Businesses Nearby

Demographics for 07848, NJ

4,818
Population
1,694
Households
2.8
Avg Household Size
52
Median Age
38%
College-Educated
93%
High-School Grad
22.9 sq mi
ZIP Area
210
Density / Sq Mi
$116,042
Median Household Income
$65,511
Median Earnings
$1,438
Median Rent
$412,500
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 with favorable feedback for warehouse development.
Where is this industrial land located?
The property is located at 1045 Limecrest Rd Lafayette, NJ.
What are key features of this property?
This property features: Approved for industrial use buildings, with favorable feedback for a 600,000 SF warehouse.; Site is cleared, graded, and prepared for building construction.; Existing 52,000 SF steel building (90% completed) on site.
More about this property
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