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    480 Lalor St Trenton, NJ 08611

    For Lease
    $9 SF/Yr

    Prime Trenton location, 27,500 sq ft flex space, high visibility.

    Lot size:
    27,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 27,500-square-foot industrial property at 480 Lalor Street in Trenton, New Jersey, presents a unique investment opportunity. The single-tenant building, constructed in 1950, boasts a flexible layout suitable for various uses, including manufacturing, flex space, warehouse, and even retail, given its "MU" Mixed Use zoning. The building features a spacious 12-15 foot ceiling height, one loading dock, and ample parking with 30+ off-street spaces. The property sits on 1.4 acres of land and offers 200 feet of frontage on Lalor Street, ensuring high visibility for businesses. An average daily traffic count of 20,000 vehicles further enhances its appeal. The building's electrical capacity is 800 amps, 3-phase power. Its classification is Class C. The property's history as the former Switlik Parachute Company manufacturing and testing facility speaks to its robust construction. Its location within a Designated Urban Enterprise Zone offers potential economic advantages. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a high-traffic area of Trenton. The entire 27,500 square feet is currently vacant.

    Property Features for 480 Lalor St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,500 SF
    Class
    C
    Total Rate
    22802.08

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    27,500 SF
    Rate per SF
    $9

    HighLights

    • 27,500 SF industrial building on 1.4 acres in Trenton, NJ.
    • Single‑tenant, vacant building with flexible layout suitable for manufacturing, flex, warehouse, or retail uses (MU zoning).
    • Features 12‑15' ceilings, one loading dock, 30+ parking spaces, and 200' of frontage on Lalor Street (ADT 20,000).
    • 800‑amp, 3‑phase power; Class C building; fully climate controlled with a wet sprinkler system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Switlik Parachute Company, ... Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7508113
    Latitude
    40.1991074

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    FAQs

    What type of property is this?
    Distribution property - Prime Trenton location, 27,500 sq ft flex space, high visibility.
    Where is this distribution property located?
    The property is located at 480 Lalor St Trenton, NJ.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 27,500 SF industrial building on 1.4 acres in Trenton, NJ.; Single-tenant, vacant building with flexible layout suitable for manufacturing, flex, warehouse, or retail uses (MU zoning).; Features 12-15' ceilings, one loading dock, 30+ parking spaces, and 200' of frontage on Lalor Street (ADT 20,000).
    Request Owner's contact information
    480 Lalor St Trenton, NJ 08611
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    Trenton, NJ 08611
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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
    480 Lalor St Trenton, NJ 08611
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