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Property profile & analytics
OFF-MARKET
Warehouses

99 5Th St Paterson, NJ 07524

79,650 SF Built 1950
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 99 E 5th Avenue in Patterson, Passaic County, NJ, offers 90,000 square feet of warehouse space, ideal for a single tenant. The building, originally constructed in 1950 and extensively renovated in 2024, boasts a range of desirable features. The space includes a substantial 9,300 square foot second floor accessible via a freight elevator, along with 1,350 square feet of dedicated office space. Ample parking is provided with 25 spaces on-site. High ceilings, ranging from 12 to 30 feet, accommodate various operational needs. The property benefits from two drive-in doors and two tailgates, ensuring efficient loading and unloading. Safety is prioritized with a wet sprinkler system throughout. A significant advantage is the active rail spur, providing direct rail access for shipping and receiving. The electrical system is robust, offering more than 4,000 amps of 240/480v power. The property's 2020 tax rate was $1.80 per square foot. This former Frost King building presents a rare opportunity to acquire a fully renovated, heavy industrial warehouse with exceptional features and convenient rail access.

Property profile
Verified
Property type Warehouses
Year built 1950
Total area 79,650 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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