Secured Industrial Yard with
9-21 PATERSON ST Paterson, NJ 07501
9-21 PATERSON ST, Paterson, NJ, 07501
Contact for pricing
For Sale
Contact for pricing
Gated, fully paved yard with office space supports fleet operations, contractors, and equipment storage.
Property Size9,875 SF
Lot Size0.76 Acres
Price / SF$303.80
Days on Market51
Property Features for 9-21 PATERSON ST
General Information
- Standard status
- Active
- Size
- 9,875 SF
- Lot size
- 0.76 Acres
- Property subtype
- Mixed Use
Listing agency
Nicholas Real Estate Agency
(973) 725-3778
Listed by
Nicholas Tselepis · License #7821189
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 7:06AM
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 Nicholas Real Estate Agency
Investment Insights
Based on property information with market context.
The property is a versatile industrial site currently operating as a school bus company, built around a secured, gated, and fully paved yard. The offering includes an approximately 10,000 square foot building with office space, along with substantial outdoor area designed for vehicle parking and operational use. The expansive lot provides room for outdoor storage and gives operators practical flexibility for day-to-day fleet and contractor needs, including possible expansion considerations.
Located in one of Paterson’s active industrial corridors, the site is positioned for efficient movement of vehicles and equipment. It is described as having easy access to major highways and transportation routes, supporting logistics-oriented users and transportation-related operations.
This configuration is well suited for an owner-user looking for a functional yard-and-office setup for fleet operations, contractors, transportation companies, or teams that need dedicated equipment storage outdoors. The secured grounds and paved lot can also support operations that benefit from controlled access and straightforward vehicle staging. For buyers considering redevelopment or an expanded footprint, the existing office component and noted expansion opportunity provide a practical starting point for future planning.
Located in one of Paterson’s active industrial corridors, the site is positioned for efficient movement of vehicles and equipment. It is described as having easy access to major highways and transportation routes, supporting logistics-oriented users and transportation-related operations.
This configuration is well suited for an owner-user looking for a functional yard-and-office setup for fleet operations, contractors, transportation companies, or teams that need dedicated equipment storage outdoors. The secured grounds and paved lot can also support operations that benefit from controlled access and straightforward vehicle staging. For buyers considering redevelopment or an expanded footprint, the existing office component and noted expansion opportunity provide a practical starting point for future planning.
Key Highlights
- Approximately 0.76‑acre (33,106 SF) secured, gated industrial site with a fully paved yard
- Approx. 10,000 SF building with office space
- Substantial fully paved yard space for vehicle parking and outdoor storage
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.6k | $17.28 |
| − Vacancy | −$10.2k | −$1.04 |
| EGI | $160.4k | $16.24 |
| − OpEx | −$24.1k | −$2.44 |
| NOI | $136.3k | $13.81 |
9,875 SF · lease $17.28/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.95M
$1.70M – $2.27M
NOI $136,341 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$1.60M
$1.40M – $1.87M
NOI $112,281 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,499 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Truck terminals
Similar For Sale Nearby
FAQs
What type of property is this?
Truck terminal - Gated, fully paved yard with office space supports fleet operations, contractors, and equipment storage.
Where is this truck terminal located?
The property is located at 9-21 PATERSON ST Paterson, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Approximately 0.76‑acre (33,106 SF) secured, gated industrial site with a fully paved yard; Approx. 10,000 SF building with office space; Substantial fully paved yard space for vehicle parking and outdoor storage
