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Property profile

2 Allyson Way Mantua Township, NJ 08051

OFF-MARKET
Warehouses
86,550 SF 10.4 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity: a fully approved, 86,550-square-foot flex warehouse development in Mantua Township, New Jersey. This Class A property, situated on 10.4 acres, comprises six buildings offering a blend of 77,860 square feet of flex space and 8,690 square feet of office space. Currently 100% occupied, the property boasts 30-foot ceiling heights, ideal for various uses including mini-warehousing, storage, and contractor storage facilities. Ample parking is provided with 123 spaces, including provisions for electric vehicles and handicapped accessibility. Each unit features a convenient drive-in bay. The property's strategic location offers easy access to major roadways such as Routes 195, 95, 295, 33, 9, 18, and Monmouth Road, ensuring excellent logistical advantages. The asking price is $3,900,000, translating to $45 per square foot. This multi-tenant property presents a strong return on investment with its current occupancy and prime location. Final non-appealable approvals are in place, minimizing future development risks.

Property profile

Verified
Property type Warehouses
Total area 86,550 SF
Lot 10.4 ac (453,024 SF)

Cap rate & NOI

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

Location

2 Allyson Way Mantua Township, NJ 08051
Mantua Township metro
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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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