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447 Ferry St Newark, NJ 07105

OFF-MARKET Industrial properties Google Maps
635,482 SF 13.5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 635,482 square foot industrial flex building in Essex County offers two immediately available units perfect for a variety of uses. Recently renovated, the property boasts significant capital improvements including new roofs, exterior paint, common areas, signage, windows, loading facilities, elevators, and parking areas. The building sits on a generous 13.5-acre lot and features a single building with heavy power capabilities. Unit one comprises 46,517 square feet, offering three tailgates, six drive-ins, parking for 10-20 trailers, and a 24-foot clear ceiling height. Unit two encompasses 21,000 square feet, including four loading docks, heavy power, and a 10-15-foot clear ceiling height. The property includes a total of four loading docks. The building is currently available for lease. Taxes are $3.01 per square foot, and CAM charges are $1.85 per square foot. This is a rare opportunity to secure high-quality industrial space in a desirable location with excellent access and ample parking. Don't miss out on this chance to lease in a recently upgraded facility with significant improvements. Inquire today for lease rates and further details.

Property profile

Verified
Property type Industrial properties
Total area 635,482 SF
Lot 13.5 ac (588,060 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
  • Roofing Company General Contractor

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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