1111 Limecrest Rd Lafayette, NJ 07848
This site was previously approved for 2 industrial use buildings. Informal preliminary review with Andover Township for 600,000 SF Warehouse received favorable feedback. DEP L.O.I. application and review of wetlands was previously approved. Site has been cleared, graded and prepared for building construction. Existing 52,000 SF steel building constructed in 2020 stands 90% completed. Conceptual design includes a new single building up to 500,000 SF, removal or relocation of existing steel building required. Built-to-suit options available for various sizes and configurations. Rail spur/extension from existing rail line along northeast property line, optional.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.