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    Industrial Yard with Office Space Title is generated by Realmo AI

    9 Paterson St, Paterson, NJ 07501

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    Claim this Listing
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    For Sale
    $3,000,000

    Secured, gated industrial site with substantial paved yard and building office space for fleet and storage-oriented operations.

    Type:Commercial
    Property size:
    10,000 SF
    Lot size:
    0.76 Acres
    Price / SF:
    $300/SF
    Added:
    Jun 10, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 11 at 4:55 am

    Property Features for 9 Paterson St

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    0.76 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    9999

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    Listing Contact
    NICHOLAS TSELEPIS

    Listing agent NICHOLAS TSELEPIS License #7821189

    Listing office Nicholas Real Estate Agency

    Listing date Jun 10, 2026

    Source Elliman

    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

    HighLights

    • Secured, gated industrial site currently operating as a school bus company
    • Approx. 0.76‑acre lot (33,106 SF) with substantial fully paved yard space for vehicles and outdoor storage
    • Approx. 10,000 SF building with office space and possible expansion opportunity
    • Expansive paved area supports vehicle parking and operational flexibility for fleet and contractor use
    • BikeScore 50, WalkScore 75, and TransitScore 35 (per provided scores)

    Overview

    This versatile industrial property is currently operating as a school bus company and is set up for transportation and equipment use. The secured, gated site includes a substantial fully paved yard and an approximately 10,000-square-foot building with office space. The lot size is approximately 0.76 acres (33,106 square feet), and the property presents possible expansion opportunity to support additional operational needs.

    The site’s design supports daily vehicle activity, contractor work, and equipment storage, with ample room for vehicle parking and outdoor operational flexibility. It is described as having excellent accessibility for fleet operations and convenient access to major highways and transportation routes. Walkability and transit levels are reflected by a walkScore of 75 and transitScore of 35, with a bikeScore of 50.

    With its functional yard, secured perimeter, and existing office space, the property can fit an owner-user or an industrial operator seeking a transportation-ready layout. Potential buyers should review the building and yard configuration for their specific fleet, storage, and office requirements, including how the site’s possible expansion may align with longer-term growth plans.

    Local Financial Insights For Office B

    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 $300.0k $30.00
    − Vacancy −$96.0k −$9.60
    EGI $204.0k $20.40
    − OpEx −$51.0k −$5.10
    NOI $153.0k $15.30
    10,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.19M
    $1.91M – $2.55M (±1% cap)
    NOI $153,000 @ 7.0% cap · market cap 5.10%
    Second Best
    Warehouse
    $1.97M
    $1.73M – $2.30M (±1% cap)
    NOI $138,067 @ 7.0% cap · market cap 4.60%
    Theoretical Best
    Office A
    $2.61M
    $2.28M – $3.05M (±1% cap)
    NOI $182,784 @ 7.0% cap · market cap 6.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Truck terminals

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1679254
    Latitude
    40.9236089

    FAQs

    What type of property is this?
    Truck terminal - Secured, gated industrial site with substantial paved yard and building office space for fleet and storage-oriented operations.
    Where is this truck terminal located?
    The property is located at 9 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: Secured, gated industrial site currently operating as a school bus company; Approx. 0.76‑acre lot (33,106 SF) with substantial fully paved yard space for vehicles and outdoor storage; Approx. 10,000 SF building with office space and possible expansion opportunity
    More about this property
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