Property profile

12 Cork Hl Rd Franklin, NJ 07416

OFF-MARKET
Industrial properties
Property ID
US59-2145393
46.56 ac lot Built 1956
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 48,000 square foot commercial office building is situated on a generous 46.56-acre lot in Franklin, New Jersey. Built to suit, the property is ideally suited for a variety of businesses seeking a modern and functional workspace. The interior layout is thoughtfully designed to accommodate multiple tenants or a single large organization. Features include numerous private offices, providing ample space for individual work and team collaboration. A welcoming reception area creates a professional first impression for clients and visitors. A dedicated conference room facilitates meetings and presentations, while a convenient kitchenette allows for easy catering or employee break times. Each office suite includes its own private bathroom, enhancing privacy and convenience. The expansive lot offers significant potential for future expansion or additional development, providing flexibility for growth and adaptation to changing business needs. The property's location in Franklin, NJ offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. This turnkey office space presents a rare opportunity to secure a high-quality, well-appointed commercial property in a desirable location. The building is ready for immediate occupancy, allowing businesses to quickly establish their operations and begin maximizing their productivity. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1956
Construction CONCRETE BLOCKS
Lot 46.56 ac (2,028,154 SF)
Zoning code MIX
APN 06 02301-0000-00027
UPID US59-2145393

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Corporate Office
  • Department Store
  • Parking Lot & Garage
  • Industrial Manufacturer Production Facility

Location

12 Cork Hl Rd Franklin, NJ 07416-1304
Franklin metro Census 372900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2004
2 recorded transactions
2004
Price N/A
2003
Price N/A

Zoning & alternative use

MIX · Franklin, NJ

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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