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    285 Highland Cross Rutherford, NJ 07070

    Sponsored
    For Sale
    $5,200,000

    12,500 SF Warehouse, 1-acre lot, NJ

    Property size:
    12,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,500-square-foot warehouse, located at 285 Highland Cross in Rutherford, New Jersey (zip code 07070), presents a unique owner-user opportunity. The property, situated on a 1.08-acre lot, boasts a Class B designation and is currently vacant, allowing for immediate occupancy. Built in 1955 and extensively renovated in 2022, this single-story building offers a clean, column-free open space ideal for various industrial uses. The property features five large drive-in doors (13.7 feet high) and one loading dock, ensuring efficient loading and unloading. The permitted zoning is LI - Clean open space, No Columns. Ample parking is available on the private and fenced property, which has no other tenants. The asking price is $5,200,000, with a triple net (NNN) lease type. This former Miller truck leasing and fleet servicing center offers a rare combination of size, location, and modern amenities in a highly desirable Bergen County location.

    Property Features for 285 Highland Cross

    General Information

    Property type
    Distribution properties
    Square Feet
    12,500 SF
    Class
    B
    Lot Size
    47,045 SF

    Building Details

    Year Built/Renovated
    1955/2022
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Former Miller Truck Leasing and Fleet Service Center.
    • Large, clean, open bay space.
    • Five drive‑in doors plus one loading dock.
    • Ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Meadowlands Tire LLC Tire Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0976138
    Latitude
    40.8199902

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    FAQs

    What type of property is this?
    Distribution property - 12,500 SF Warehouse, 1-acre lot, NJ
    Where is this distribution property located?
    The property is located at 285 Highland Cross Rutherford, NJ.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: Former Miller Truck Leasing and Fleet Service Center.; Large, clean, open bay space.; Five drive-in doors plus one loading dock.
    Request Owner's contact information
    285 Highland Cross Rutherford, NJ 07070
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    Rutherford, NJ 07070
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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
    285 Highland Cross Rutherford, NJ 07070
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