Technical
Financial
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Property profile

115 St Nicholas Ave South Plainfield, NJ 07080

OFF-MARKET
Warehouses
35,700 SF
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Property summary

AI-generated overview

This exceptional Middlesex County industrial property offers a 35,700-square-foot warehouse on an expansive 8.75-acre lot. Currently vacant, this single-tenant building is undergoing significant capital improvements, including exterior and interior renovations, lighting upgrades, fresh paint, new dock packages, roof replacements, and paving improvements. The property boasts convenient ingress/egress points on St. Nicholas Avenue and/or Skyline Drive, along with ample parking and outdoor storage space. Its strategic location makes it ideal for various uses, including last-mile/final-mile logistics, third-party logistics (3PL), less-than-truckload (LTL) operations, fleet storage and maintenance, and general warehousing. The property is zoned M-3. The complex comprises three buildings: a 20,000-square-foot truck terminal with 34 loading docks (33 measuring 9' x 10', and one 20' x 14'), plus one drive-in door and 14' clear height and 38.33' x 21.5' column spacing; a 3,700-square-foot maintenance facility featuring three 12' x 14' grade-level drive-in doors and 16' clear height; and a 12,000-square-foot maintenance facility with two 25' x 14' drive-in doors, one 9' x 10' drive-in door, and 14' clear height. This property presents a rare opportunity to acquire a fully renovated, strategically located warehouse in a high-demand market.

Property profile

Verified
Property type Warehouses
Total area 35,700 SF

Cap rate & NOI

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

Location

115 St Nicholas Ave South Plainfield, NJ 07080
South Plainfield 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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