99 5Th Ave Paterson, NJ 07524
This exceptional industrial property, known as FROST KING, presents a significant investment opportunity. Located at 99 5th Ave, Paterson, NJ 07524, this single-tenant warehouse boasts a substantial 79,650 square feet of space, spread across two stories. The main floor offers ample room for storage and operations, complemented by a 9,300 square foot second floor accessible via freight elevator. Ceiling heights range from 14 to 30 feet, providing flexibility for various uses. The property features two loading docks, drive-in access with tailgates, and a comprehensive wet sprinkler system for enhanced safety. Electrical systems have been updated to accommodate heavy power demands, with a robust 4000-amp, 240/480-volt service. An active rail spur adds further logistical advantages. Modernization is evident in the recently installed LED motion sensor lighting, controllable via a convenient app. The building's strategic location offers easy access to major highways, ensuring efficient transportation and distribution. The asking price for this impressive warehouse is $6,500,000. This property is ideal for businesses seeking a large, well-equipped warehouse in a prime New Jersey location.
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Filmco Industries Co Factory Production Facility
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Thermwell Products Co Industrial Manufacturer Production Facility
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.