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Property profile & analytics
OFF-MARKET
Warehouses

99 5Th Ave Paterson, NJ 07524

79,650 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Total area 79,650 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
Current use
Occupant on record · Public records
  • Filmco Industries Co Factory Production Facility
  • Thermwell Products Co Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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