Property profile

28-38 Thomas J Rhodes Industrial Dr Hamilton Township, NJ 08619

OFF-MARKET
Land
7.6 ac lot
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Property summary

AI-generated overview

This exceptional 7.6-acre commercial land parcel in Hamilton Township, New Jersey, presents a significant development opportunity. Located at 28-38 Thomas J Rhodes Industrial Drive (zip code 08619), this property boasts a prime location in Mercer County, offering 1000 feet of street frontage and convenient access to all public utilities. The site is zoned for Manufacturing and Mixed Use, allowing for a wide range of development possibilities. Preliminary assessments suggest the land could support the construction of a warehouse up to 75,000 square feet, with permitted building clearances of 40 feet. While some wetlands are present on lots 16-21, the majority of the 7.6 acres are level and wooded, providing a versatile canvas for development. The asking price is $5,000,000, translating to $750,000 per acre. The township is known for its business-friendly environment, and the property's strategic location across the street from FedEx further enhances its appeal. Additionally, the property is situated within a municipality that permits cannabis cultivation, as detailed in the provided link: [Https://ecode360.com/38404265]. This presents a unique opportunity for investors seeking a high-potential industrial development site in a thriving New Jersey location. The total buildable area is estimated at 330,000 square feet.

Property profile

Verified
Property type Land
Lot 7.6 ac (331,056 SF)

Cap rate & NOI

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

Location

28-38 Thomas J Rhodes Industrial Dr Hamilton Township, NJ 08619
Hamilton Township metro
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Value estimations

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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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