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    201 Wood Ave Middlesex, NJ 08846-2554

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    201 Wood Ave Middlesex, NJ 08846-2554


    • Industrial properties
    • 6,290 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Apr 10, 2024
    $1,500,000
    Property ID
    US59-1423632
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,500,000
    Show details
    Cap Rate Potential
    4.7%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Falcon Maintenance / Electrical Service / General Contractor
    • Little Jimmy & The Starlites / Music Venue / Theater & Performing Art Venue
    • Stirling Audio Services / IT Consulting Firm / Tech Support Center

    Property Details for 201 Wood Ave

    Year built
    1978
    Lot size
    0.29 lot acres
    Property size
    6,290 SF
    Zone code
    IND
    Property type
    Industrial properties
    APN
    10 00290-0000-00038
    APU
    1000290000000038

    Description

    This exceptional 15,000-square-foot industrial flex space at 201-205 Wood Avenue in Middlesex, New Jersey, presents a unique investment opportunity. Built in 1971 and extensively renovated in 2024, this Class B property offers a clean, open layout ideal for various businesses. The building features a 14-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by three dock-high doors and one drive-in door, ensuring efficient loading and unloading. Currently, the entire 15,000 square feet is available for lease, divisible into two units: one 4,000-square-foot unit and one 3,000-square-foot unit. The monthly rent for the 4,000-square-foot unit is $6,600, and the 3,000-square-foot unit is $5,100. The property is zoned for industrial use and is located in Middlesex, NJ, 08846. The number of parking spaces is to be determined. This flexible space offers a low fixed monthly rent, making it an attractive option for businesses seeking a cost-effective and functional workspace. The property's recent renovation ensures modern amenities and a well-maintained environment. This is an excellent opportunity to secure a prime industrial space in a desirable New Jersey location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,500,000
      ML approach
      $1,500,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,175,000
      6.5%
      $1,085,000
      7%
      $1,010,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,017,000
      Market price range: $581k - $1.29M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,010,000
      Current use
      OFFICE BUILDING
      $1,720,000
      Change: +70% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,550,000
      Change: +53% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,540,000
      Change: +52% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Middlesex
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4873
    Latitude
    40.5723
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $17,675
    $200,000
    $554,800
    $754,800
    -
    $200,000
    $554,800
    $754,800
    More about this property
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