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Property profile

212-216 Highland Pkwy 216 Roselle, NJ 07203

OFF-MARKET
Industrial properties
Property ID
US59-0940482
View Sample
0.27 ac lot Built 1965
Entity Owned 21-yr Hold Absentee Owner Free & Clear

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Construction CONCRETE BLOCKS
Lot 0.27 ac (11,844 SF)
Zoning code I
APN 14 02904-0000-00002
UPID US59-0940482

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2005
2 recorded transactions
2005
$330,000
1969
Price N/A

Zoning & alternative use

I · Roselle, NJ
Zoning description

The purpose of the Industrial Zone is to provide for the expansion and development of light industrial land uses in the Borough of Roselle to provide for a compatible land use relationship; to restrict the emission of an…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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