1-23 Tompkins Point Rd Newark, NJ 07114
This exceptional 1,500-square-foot warehouse, located at 1-23 Tompkins Point Road in Newark, New Jersey, presents a significant opportunity for businesses seeking efficient industrial space. Situated on a generous 1.42-acre lot, this single-tenant property offers ample outdoor storage and truck parking, a critical asset for logistics and distribution operations. The building's zoning is designated Industrial (I-3), allowing for a wide range of industrial uses. The entire 1,500 square feet is currently vacant and ready for immediate occupancy. The property's address is conveniently located in Essex County, New Jersey, with a zip code of 07114. This location provides easy access to major transportation arteries, streamlining logistics and distribution. The property's size and features make it suitable for a variety of businesses requiring both indoor and outdoor space. The expansive outdoor area provides significant potential for storage, staging, or fleet parking. This is a rare opportunity to secure a well-located, functional industrial space in a thriving area. The property's single-tenant status offers simplicity and control, making it an attractive option for businesses seeking a straightforward and efficient workspace. Contact us today to learn more about this exceptional opportunity.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.