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575 South St Newark, NJ 07105

OFF-MARKET Land Google Maps
7.2 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 7.2-acre parcel, located at 575 South St, Newark, NJ 07105, presents a significant opportunity for industrial development or investment. Situated on Stockton St / South St, the property boasts Heavy Industrial (I-3) zoning, offering flexibility for a wide range of uses. The expansive lot size provides ample space for construction or expansion projects. The single-tenant nature of the land simplifies ownership and management. Its location in Essex County, New Jersey, provides easy access to major transportation arteries, facilitating efficient logistics and distribution. The property's address is 575 South St, Newark, NJ, and its precise coordinates are 40.7159851 latitude and -74.15487 longitude. This is a rare opportunity to acquire a substantial piece of industrial land in a thriving urban area. The property is available for sale and offers significant potential for future growth and profitability. The zoning designation allows for a variety of industrial uses, making it an attractive option for businesses seeking to establish or expand their operations in the Newark area. This is a unique opportunity to acquire a large, well-located industrial property in a dynamic market. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 7.2 ac (313,632 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Building Supply Hardware & Home Improvement

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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