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Property profile & analytics
OFF-MARKET Estimated value $3,175,000
Warehouses

15 Oscar Dr Roosevelt, NJ 08555-7010

23,728 SF 2.21 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1851635
Property summary
AI-generated overview

This exceptional 24,000 square foot industrial property, located at 15 Oscar Drive Unit 15 in Roosevelt, New Jersey, presents a significant opportunity for businesses seeking a strategic location and ample space. The property is ideally suited for manufacturing, warehousing, or distribution operations. Its design incorporates features specifically beneficial to large-scale operations, including high ceilings and convenient loading docks, facilitating efficient material handling and storage. The expansive square footage allows for flexible layouts to accommodate diverse operational needs. The property's strategic location near major highways ensures seamless transportation and logistics, minimizing transit times and maximizing operational efficiency. This translates to significant cost savings and improved overall business performance. The property's industrial-friendly infrastructure and adaptable space make it an attractive option for businesses looking to expand their operations or optimize existing processes. The asking price for this exceptional warehouse is $5,499,999. This represents a compelling investment opportunity in a thriving industrial market. The property sits on a 0-acre lot. Serious inquiries are encouraged.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 23,728 SF
Lot 2.21 ac (96,268 SF)
Zoning code I-80
APN 40 00006-0000-00019
UPID US59-1851635
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
  • Roosevelt Appliance Repair Home Appliance Store
  • Icy Cools, Inc Big Box & Wholesale Store Distribution Center
  • Action Packaging Automation Industrial Manufacturer Factory
  • Apai Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.18M
CAP Approach CAP
$4.25M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.18M
Owner & transaction history
15 Oscar Drive LLC · 3 yrs held
15 Oscar Drive LLC
since 2023
Last sale
$3.2M
1 recorded transaction
2023
$3.2M
Zoning & alternative use
I-80 · Roosevelt, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $4.6M +113.8%
Auto repair, garage $3.6M +63.7%
Apartment house (5+ units) $3.1M +43.4%
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