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122 Colden St Jersey City, NJ 07302

OFF-MARKET Land Google Maps
Entity Owned 9-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US59-1347610

Property summary

AI-generated overview

This exceptional 7,500-square-foot industrial land parcel presents a unique investment opportunity. Its prime location offers easy access to New York City, making it ideally suited for various uses. Currently configured as a single-tenant property, this expansive lot provides ample space for a variety of industrial applications. The site's zoning allows for a range of potential developments, including but not limited to, construction yards and vehicle storage facilities. Its strategic location near a major metropolitan area ensures high visibility and convenient access to transportation networks, enhancing its overall appeal and potential for strong returns. The property is offered as a single-tenant land parcel, providing a straightforward investment opportunity with minimal management complexities. Given its size and location, this property is well-positioned to capitalize on the growing demand for industrial space in the region. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. The property's size and location make it an attractive investment for those seeking a stable, single-tenant industrial asset with significant upside potential. The site's versatility allows for a range of uses, catering to diverse business needs. This is a rare opportunity to acquire a substantial industrial land parcel in a highly desirable location.

Property profile

Verified
Property type Land
UPID US59-1347610

Cap rate & NOI

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

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 2017
1 recorded transaction
2017
$1.4M

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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