4475 Clinton Ave South Plainfield, NJ 07080
- Industrial properties
- 2.56 lot acres
Current Use by Public Records
- Silverland Services / General Contractor
- Snelling Staffing of Middlesex County New Jersey / Employment Agency / Employment Center
- Jo-Ann's Dance Studio-The Performing Arts Centre / Music Instructor / Performing Arts Theater
- Sirius Drive / Transportation Service
- Action Security Services / Security System Supplier
Property Details for 4475 Clinton Ave
- Lot size
- 2.56 lot acres
- Zone code
- M3
- Property type
- Industrial properties
- APN
- 22 00476-0000-00007
- APU
- 2200476000000007
Description
This exceptional South Plainfield, NJ property at 4475 S Clinton Ave offers 57,000 square feet of versatile commercial space, ideal for a variety of businesses. The building features a blend of executive office, warehouse, distribution, and traditional office space, making it suitable for diverse operational needs. With multiple tenancy options available, businesses can lease a minimum of 30 square feet or up to a contiguous 1,727 square feet, providing flexibility for expansion or downsizing. Currently, 12,500 square feet of space is vacant. The two-story building sits on a 2.56-acre lot and boasts a 14-foot ceiling height in the warehouse area, enhancing storage and operational efficiency. Loading and unloading are facilitated by four loading docks and six drive-in bays. Ample parking is provided with 137 spaces. The property is equipped with 800-amp power, ensuring sufficient capacity for various industrial and office equipment. The M-3 zoning designation allows for a wide range of permitted uses. This property presents a unique opportunity to secure a well-located, functional space in a thriving New Jersey market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $12,350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $11,985,000
- 6.5%
- $10,900,000
- 7%
- $12,010,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $12,590,000
- Geo Method
- $10,520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $12,600,000
- Retail
- $12,725,000
- Mixed-Use
- $9,875,000
- Hospitality
- $11,405,000
- Educational
- $9,325,000
- Residential Income
- $12,255,000
- Energy
- $11,280,000
- Income-Based Land
- $10,365,000
- Food Service
- $10,930,000
Location Insight
- Map
- Local Demand
- City
- South Plainfield
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4269
- Latitude
- 40.5596
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
