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Property profile & analytics
FOR LEASE
Industrial properties

1480 Grandview Ave Thorofare, NJ 08066

7.2 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-3045855
Property summary
AI-generated overview

This exceptional 99,783-square-foot industrial warehouse, situated at 1480 Grandview Avenue in Paulsboro, New Jersey, presents a significant opportunity. The single-tenant property boasts a substantial 7.2-acre lot and is conveniently located near Exit 20 of I-295, ensuring seamless logistics and accessibility. Built in 1970, the warehouse features a single story with a generous 20-foot ceiling height, ideal for various industrial uses. The property includes eight dock-high doors and two drive-in doors, facilitating efficient loading and unloading operations. Power is supplied by an 800-amp, 3-phase system, capable of supporting demanding industrial equipment. The property is zoned M-1, allowing for a range of industrial applications. The building's address is 1480 Grandview Ave, Paulsboro, NJ 08066, and its APN is 20-00346-01-00010, located in Gloucester County. This well-maintained warehouse offers a significant amount of space and excellent access, making it an attractive investment for businesses seeking a strategic location in Southern New Jersey. The property's size and features make it suitable for distribution and warehousing operations.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1975
Construction CONCRETE BLOCKS
Lot 7.2 ac (313,458 SF)
APN 20 00346- 01-00010
UPID US59-3045855
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aramsco Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.03M
Owner & transaction history
Airef Grandview Ic LLC · 3 yrs held
Airef Grandview Ic LLC
since 2022
Last sale
$13.4M
7 recorded transactions
2022
$13.4M
2016
Price N/A
2012
$5.1M
2010
$3.9M
2007
Price N/A
2005
$3.0M
2004
$3.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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