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    81 Industrial Rd Berkeley Heights, NJ 07922

    For Lease
    $7 SF/Yr

    Versatile Yard Space, Prime Location

    Lot size:
    2,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional industrial property in Berkeley Heights, New Jersey, offers 70 to 2,200 square feet of flexible yard space at 81 Industrial Road, zip code 07922. The single-tenant property is classified as industrial land and is ideal for a variety of uses. Its location in the thriving Berkeley Heights area provides excellent accessibility and visibility. The space is perfectly suited for businesses requiring secure outdoor storage, parking for industrial vehicles, or overflow inventory space. Consider this property for landscaping companies needing secure equipment storage, businesses needing additional space for trucks or cars, or companies needing to store trailers or excess inventory. The property's size allows for customization to meet specific operational needs within the 70 to 2,200 square foot range. This is a unique opportunity to secure a strategically located yard space in a highly desirable area of New Jersey, offering significant potential for growth and operational efficiency. The property's latitude and longitude coordinates are 40.6817884 and -74.4347927 respectively. This is a single-tenant property, providing exclusive use and control.

    Property Features for 81 Industrial Rd

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,200 SF

    Unit(s) available at that property

    Space
    Size
    2,200 SF
    Rate per SF
    $8
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Forst Contracting & Development ... Home Builder Enright Foundation Charity

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Berkeley Heights
    County
    Union
    State
    New Jersey
    Longitude
    -74.4347927
    Latitude
    40.6817884

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    FAQs

    What type of property is this?
    Specialty property - Versatile Yard Space, Prime Location
    Where is this specialty property located?
    The property is located at 81 Industrial Rd Berkeley Heights, NJ.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    Request Owner's contact information
    81 Industrial Rd Berkeley Heights, NJ 07922
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    Berkeley Heights, NJ 07922
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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
    81 Industrial Rd Berkeley Heights, NJ 07922
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