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Property profile & analytics
OFF-MARKET
Land

2 Debaun Rd Millstone, NJ 08535

11.82 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.82-acre industrial land parcel in Millstone, New Jersey, presents a fully approved opportunity for warehouse distribution development. Located at the main entrance to Riverside Center, a thriving 170-acre business park, this site offers unparalleled access to major transportation arteries, including the New Jersey Turnpike (Exit 8) and Route 33. Approved in July 2023, the site boasts a PCD Warehouse Distribution zoning designation and is ready for immediate development. Plans include a 102,960 square foot building featuring 99,960 square feet of warehouse space and 3,000 square feet of office space. The design incorporates 13 loading bays, a loading ramp, and 48 parking spaces. Building height is approved for 35 feet. Existing infrastructure includes internal roads connecting to major roadways, regional drainage, septic, and fire suppression systems. The site benefits from a .25 FAR, .20 maximum building coverage, and .55 maximum lot coverage. Water service is provided by a potable well. Riverside Center is home to established businesses such as Amazon, Scanell Properties, Monroe Sports Center, and Duck River Textiles, ensuring a strong and reputable business environment. This prime location and fully approved plans make this an exceptional investment opportunity for developers seeking a strategic foothold in a high-demand market. The final resolution, compliance, and appeal period will be complete within 60-70 days of the approval date.

Property profile
Verified
Property type Land
Lot 11.82 ac (514,879 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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