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Property profile & analytics
OFF-MARKET
Warehouses

1000 2Nd St Plainfield, NJ 07063

280,000 SF 10 ac lot Built 1974
Property ID
Property summary
AI-generated overview

This 280,000-square-foot Class B industrial warehouse, built in 1974 and renovated in 2023, is situated on a 10-acre lot (431,680 sq ft) in Plainfield, New Jersey. The single-story building offers multiple tenancy options, with a minimum divisible space of 35,000 square feet and a maximum contiguous space of 180,000 square feet. Currently, 80,000 square feet is vacant. The property boasts 18- to 45-foot ceiling heights, ten loading docks, three drive-in doors, and ample parking for 1000 vehicles. Heavy power (1,600a/3p) is available. The building features approximately 38,000 square feet of fenced outdoor storage/parking. Taxes are $0.60 per square foot. Its strategic location provides easy access to Interstates 287 and 78, placing it within convenient reach of major transportation arteries, including the Garden State Parkway, New Jersey Turnpike, Newark Liberty International Airport, and the Ports of New York/New Jersey and Philadelphia. The property benefits from a strong local workforce, with over 15% of the labor force within a 10-mile radius employed in warehousing. This makes it an ideal location for distribution and logistics operations serving New Jersey, Pennsylvania, and New York.

Property profile
Verified
Property type Warehouses
Year built 1974
Total area 280,000 SF
Lot 10 ac (435,600 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
Current use
Occupant on record · Public records
  • Detailed Designs Store Business Management Consultant
  • Injectron Corporation Factory Production Facility
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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