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    1100 Randolph Rd Somerset, NJ 08873-1287

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    Property profile & analytics

    1100 Randolph Rd Somerset, NJ 08873-1287


    • Industrial properties
    • 7,475 SF
    • 20.98 lot acres
    Off-Market
    Property ID
    US59-1436528
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,015,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 1100 Randolph Rd

    Lot size
    20.98 lot acres
    Property size
    7,475 SF
    Zone code
    M1
    Property type
    Industrial properties
    APN
    08 00517- 04-00001- 01
    APU
    800517040000101

    Description

    This exceptional Class A industrial warehouse, totaling 102,393 square feet, is available for lease. Located on Schoolhouse Road in the Somerset submarket, this single-story building boasts a 36-foot clear height, making it ideal for high-volume storage and distribution. The property features 16 loading docks and one drive-in door, ensuring efficient material handling. Ample parking is available for trucks and trailers. The building is equipped for potential power upgrades ranging from 2,000 to 8,000 amps. Sustainability is a key feature, with provisions for EV charging connections already in place. The warehouse is strategically situated approximately two miles from I-287, providing easy access to major transportation arteries, and within a 30-minute drive of ports, facilitating seamless logistics. Built in 2024, this modern facility offers approximately 13,820 pallet positions. The property is zoned for Business and Industry use and is ready for immediate occupancy. A build-to-suit office is also available. This is a rare opportunity to secure a state-of-the-art warehouse in a prime location. The property is available for lease as a single, 102,393 square foot unit. Delivery is expected in January 2025. Contact us today to learn more.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,400,000
      6.5%
      $1,290,000
      7%
      $1,200,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,147,000
      Market price range: $313k - $1.15M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5544
    Latitude
    40.5304
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $407,600
    $8,000,000
    $14,000,000
    $22,000,000
    -
    $8,000,000
    $14,000,000
    $22,000,000
    More about this property
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