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Property profile & analytics
OFF-MARKET Estimated value $1,500,000
Industrial properties

201 Wood Ave Middlesex, NJ 08846-2554

6,290 SF 0.29 ac lot Built 1978
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-1423632
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Total area 6,290 SF
Lot 0.29 ac (12,500 SF)
Zoning code IND
APN 10 00290-0000-00038
UPID US59-1423632
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.50M
Owner & transaction history
Wood Stock Holdings LLC · 2 yrs held
Wood Stock Holdings LLC
since 2024
Last sale
$1.5M
1 recorded transaction
2024
$1.5M
Zoning & alternative use
IND · Middlesex, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

l District. § 420-52 AR-3 Attached Residential District. § 420-53 SCR Senior Citizen Residential District. § 420-54 G-B General Business District. § 420-55 CLW Commercial/Light Manufacturing/Wholesale District. § 420-56 IND Industrial District. § 420-57 HI Heavy Industrial District. § 420-58 M Municipal District. Article VII Conditional Uses § 420-59 Conditi…

Zone name Industrial
General category INDUSTRIAL
Zone area 391.04 ac
Top alternative use upside
Office building $1.7M +70.1%
Apartment house (5+ units) $1.6M +53.3%
Commercial (general) $1.5M +52.4%
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