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Property profile & analytics
OFF-MARKET Estimated value $9,540,000
Industrial properties

20 Haypress Rd Cranbury, NJ 08512-3420

52,916 SF 11.5 ac lot
Individually Owned 9-yr Hold Free & Clear
Property ID
US59-1467087
Property summary
AI-generated overview

This exceptional Class A industrial property, Dayton Business Park, offers 100,000 square feet of flexible space in South Brunswick Township, NJ, with a Cranbury mailing address (20 Haypress Road, Cranbury, NJ 08512). Built in 2018, the park features 23 suites, ranging from 2,977 to 9,000 contiguous square feet, with a minimum divisible space of 2,977 square feet. The building boasts a 21-foot ceiling height and four loading docks. Its prime location offers easy access to major transportation arteries, including the New Jersey Turnpike (Exit 8A), Route 1, and Route 130, providing convenient commutes to both New York City (approximately one hour) and Philadelphia (approximately one hour). Nearby public transportation includes the NYC Park and Ride and Princeton Junction train station. The property is zoned I-3 General Industrial District, accommodating a wide array of uses, including but not limited to manufacturing, distribution, warehousing, R&D, office space, and light retail. Units can be customized to meet specific tenant needs, with the possibility of combining spaces to create larger areas. Lease terms are flexible, and utilities are the responsibility of the tenant. This park-like setting is ideal for businesses serving central New Jersey, including Jamesburg, Monroe Township, and surrounding communities.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 52,916 SF
Lot 11.5 ac (500,940 SF)
Zoning code I-3
APN 21 00037-0000-00012- 16
UPID US59-1467087
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
  • FRIENDS TEXTILES INC. Big Box & Wholesale Store
  • Mytra Fusion Department Store
  • Düraamen Industrial Coatings & Polished Concrete Flooring Carpet & Flooring Store Hardware & Home Improvement
  • Dayton Business Park Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.54M
Owner & transaction history
Constitution Bk · 9 yrs held
Constitution Bk
since 2017
7 recorded transactions
2020
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2017
$10.7M
2017
Price N/A
1969
Price N/A
Zoning & alternative use
I-3 · Cranbury, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $14.5M +22.8%
Apartment house (5+ units) $13.0M +10.7%
Commercial (general) $13.0M +10.1%
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