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400 Ferry St Newark, NJ 07105

OFF-MARKET Industrial properties Google Maps
27,838 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 27,838-square-foot flex space at 400 Ferry Street in Newark, New Jersey, presents a unique opportunity. The property boasts a multitude of desirable features, including a recently renovated exterior, updated roofs, fresh paint, improved common areas, new signage, and upgraded windows. Loading is facilitated by two interior loading docks and five drive-in doors, complemented by twelve parking spaces. The warehouse space features a substantial 21-foot ceiling height, ideal for various industrial uses. The space is entirely temperature-controlled, further enhanced by several refrigerated/cooler boxes of varying sizes. Approximate dimensions for these temperature-controlled areas include four 30' x 45' boxes, two 24' x 20' boxes, and one 25' x 25' box. The warehouse also includes convenient floor drains for efficient waste management. This fully vacant building is ready for immediate occupancy and offers significant potential for a variety of businesses seeking a modern and well-maintained industrial space in a prime Newark location. The property is located at 400 Ferry Street, Newark, NJ 07105.

Property profile

Verified
Property type Industrial properties
Total area 27,838 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Processing Plant
  • Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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