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Property profile & analytics
OFF-MARKET
Commercial real estate

1589 Reed Rd Pennington, NJ 08534-5006

4.97 ac lot
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-0444600
Property summary
AI-generated overview

This exceptional 3,200 square foot industrial warehouse space at 1589 Reed Road offers a fantastic opportunity for businesses seeking efficient and well-equipped facilities. The property features a two-story building with one suite totaling 3,200 square feet of vacant space, perfect for a single tenant. Access is convenient via a single 14' x 10' drive-in door. Inside, you'll find 18-foot high ceilings, providing ample vertical space for storage or operations. The warehouse and office areas benefit from a full HVAC system, ensuring year-round comfort and climate control. An added benefit is the high-efficiency HVAC system and air purifying system, contributing to a productive and healthy work environment. Parking is abundant, with 40 spaces available (a ratio of 3 spaces per 1,000 square feet). The location provides excellent access to major transportation arteries, including I-95 and Routes 1, 31, 202, and 206, making commuting and logistics seamless. This property is ideal for businesses needing immediate occupancy and a strategic location. Don't miss this chance to secure this prime industrial warehouse space.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 4.97 ac (216,493 SF)
Zoning code SI
APN 06 00091-0000-00014- 032
UPID US59-0444600
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
  • On Time Heat And Air Hardware & Home Improvement HVAC Service
  • We Stand Behind Our Work General Contractor
  • Sparkling Pools Original Swimming Pool Hardware & Home Improvement
  • Leaffilter Hardware & Home Improvement General Contractor
  • we translate your dreams General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Maceo Spectrum LLC
Maceo Spectrum LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
SI · Pennington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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