Property profile

1160 Chestnut St Elizabeth, NJ 07201

OFF-MARKET
Warehouses
Property ID
US59-0630037
6,500 SF
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 6,500-square-foot industrial property, located at 1160 Chestnut Street in Elizabeth, New Jersey (zip code 07201), presents a unique opportunity for businesses seeking versatile space. Classified as both warehouse and flex space, this single-tenant building offers a blend of functionality and adaptability. The existing structure includes built-out office space and a kitchen, providing immediate usability. However, the landlord is willing to remove existing interior structures to accommodate a tenant's specific needs, offering significant customization potential. The property's location in Elizabeth, New Jersey, provides convenient access to major transportation routes, enhancing logistical efficiency. This is an ideal space for businesses requiring a combination of warehouse storage and office functionality, offering a significant footprint for operations and growth. The property's flexibility makes it suitable for a wide range of industrial and light manufacturing uses. The building's single-tenant occupancy ensures exclusive use and control over the entire 6,500 square feet. Serious inquiries are encouraged to explore this exceptional opportunity. Contact us to schedule a viewing and discuss your specific requirements.

Property profile

Verified
Property type Warehouses
Total area 6,500 SF
UPID US59-0630037

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1160 Chestnut St Elizabeth, NJ 07201
Elizabeth metro
Google Maps

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

since 2024
2 recorded transactions
2024
$999,999
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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