216 Belgrove Dr, Kearny, NJ 07032
This 10,000 square foot warehouse located at 216 Belgrove Drive in Kearny, New Jersey, presents a unique investment opportunity. Currently vacant, the property is ideally suited for auto detailing or parking uses, as per its zoning designation (mechanic shop use is not permitted). The building boasts four drive-in doors, providing convenient access for vehicles. The interior features open warehouse space and strategically placed floor drains, enhancing functionality for detailing operations. The asking price is $1,400,000. The property is situated in Hudson County, New Jersey, with a zip code of 07032. This newly renovated warehouse offers a compelling opportunity for an investor seeking a ready-to-occupy space in a high-traffic area. The property's features, including the multiple drive-in doors and floor drains, make it particularly well-suited for its designated uses. This is a vacant property, allowing for immediate occupancy and customization to meet specific business needs. The property's location in Kearny, NJ offers excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, functional warehouse in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.