56 Hook Rd Bayonne, NJ 07002
- Industrial properties
- 1.50 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 56 Hook Rd
- Construction
- BRICK
- Lot size
- 1.50 lot acres
- Property type
- Industrial properties
- APN
- 01 00426-0000-00002
- APU
- 100426000000002
Description
This exceptional 44,000-square-foot industrial distribution warehouse is ideally situated in Bayonne, New Jersey, at 56 Hook Rd, 07002. The property boasts a single-story, Class B building constructed on a 1.5-acre lot within a permitted industrial zoning area. Renovated in 2020, the warehouse offers significant operational advantages. The high ceilings, ranging from 12 to 14 feet, provide ample vertical space for efficient storage and handling of goods. Three loading docks ensure smooth and efficient loading and unloading operations. The building's substantial size, with 32,200 square feet on the ground floor, provides ample space for various distribution needs. Its location in Hudson County, New Jersey, offers easy access to major transportation arteries, making it a strategic location for businesses requiring seamless logistics. This property presents a compelling opportunity for businesses seeking a well-maintained, spacious, and strategically located distribution center in a thriving industrial area. The property's recent renovation ensures modern functionality and efficiency. This is a turnkey solution for businesses seeking immediate occupancy and operational readiness.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,415,000
- 6.5%
- $4,745,000
- 7%
- $5,710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,365,000
- Geo Method
- $5,170,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,325,000
- Retail
- $6,155,000
- Mixed-Use
- $4,620,000
- Hospitality
- $4,685,000
- Educational
- $4,600,000
- Residential Income
- $4,715,000
- Energy
- $4,555,000
- Income-Based Land
- $5,740,000
- Food Service
- $5,545,000
Location Insight
- Map
- Local Demand
- City
- Bayonne
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0999
- Latitude
- 40.6586
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
