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Property profile & analytics
OFF-MARKET Estimated value $1,220,000
Industrial properties

196 Fries Ml Rd Blackwood, NJ 08012-2023

19,780 SF 3.01 ac lot Built 1985
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-0556038
Property summary
AI-generated overview

This exceptional 20,000 square foot industrial property at 196 Fries Mill Road presents a unique opportunity for a single-tenant user. The building is divided into two main sections: a 9,300 square foot area with 15-foot ceilings and an 8,700 square foot area with 14-foot ceilings. Adding to its versatility is an approximately 1,000 square foot showroom or office space, ideal for administrative functions or client interaction. The property boasts ample parking with 45 spaces, conveniently situated within a fenced-in area, ensuring security and ease of access. Loading and unloading are efficient with two loading docks and six overhead drive-in doors. Four existing interior paint booths are available, offering potential for a variety of uses. The building features 435 feet of road frontage, providing excellent visibility and accessibility. The property is zoned HC, offering flexibility for various industrial applications. This well-maintained facility is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a functional and spacious industrial space.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 19,780 SF
Lot 3.01 ac (131,116 SF)
Zoning code HC
APN 18 00115- 02-00008- 02
UPID US59-0556038
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
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.22M
Owner & transaction history
Track 6 LLC · 5 yrs held
Track 6 LLC
since 2021
Last sale
$1.1M
5 recorded transactions
2021
$1.1M
2017
$999,999
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HC · Blackwood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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