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Property profile & analytics
OFF-MARKET Estimated value $1,545,000
Industrial properties

15 Terminal Rd New Brunswick, NJ 08901-3615

14,700 SF 1.41 ac lot Built 1950
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US59-0630626
Property summary
AI-generated overview

This exceptional 14,700-square-foot warehouse presents a compelling investment opportunity in New Brunswick, New Jersey. Situated on a 1.4-acre lot at 15 Terminal Rd, 08901, this property boasts 20 parking spaces and two convenient loading docks. Built in 1962, the warehouse features approximately 14-foot clear height, providing ample storage space. Recent upgrades include a new HVAC system in the offices and updated heating units throughout the warehouse. The property offers an owner-user opportunity or potential for leasing to a new tenant, capitalizing on the robust industrial market in the area. Its strategic location provides easy access to major transportation arteries, including Route 27, US Routes 1 and 130, and proximity to Interstates 95 and 287 (less than 10 miles). The strong fundamentals of the overall industrial market, characterized by low vacancy rates and significant rent growth, further enhance the investment potential of this property. This well-maintained warehouse is ready for immediate occupancy or lease, presenting a rare opportunity to acquire a prime industrial asset in a thriving New Jersey market. The asking price for this exceptional property is $3,100,000.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1950
Total area 14,700 SF
Lot 1.41 ac (61,550 SF)
Zoning code I-2
APN 13 00597- 01-00008
UPID US59-0630626
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.55M
Owner & transaction history
ZANKEL ASSOCIATION LLC
ZANKEL ASSOCIATION LLC
Zoning & alternative use
I-2 · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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