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Property profile & analytics
OFF-MARKET Estimated value $1,340,000
Industrial properties

242 Possum Holw Rd Monroe Township, NJ 08831-8257

7,500 SF 6.76 ac lot
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-1636786
Property summary
AI-generated overview

This exceptional commercial property at 242 Possum Hollow Road #A offers a unique blend of warehouse and office space, ideally situated near Exit 8A of the NJ Turnpike. The single-tenant building sits on a 6.76-acre lot and boasts a total of 5,800 square feet. The warehouse component comprises 5,000 square feet, featuring impressive 20-foot ceilings and a convenient 14-foot overhead door for easy loading and unloading. The space is climate-controlled, ensuring year-round comfort and optimal storage conditions. An 800-square-foot office area provides ample space for administrative functions, complete with a kitchenette for employee convenience. Two bathrooms are included, one in the office and one in the warehouse, enhancing functionality and privacy. The property also includes four parking spaces, providing ample parking for employees and clients. The property's strategic location near a major highway offers unparalleled accessibility and visibility, making it an ideal investment opportunity for businesses seeking a functional and well-located space. The property's single-tenant occupancy provides stability and ease of management. This is a rare opportunity to acquire a versatile and well-maintained commercial property in a high-demand location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 7,500 SF
Lot 6.76 ac (294,466 SF)
APN 12 00079-0000-00001- 1
UPID US59-1636786
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
by Request
CAP Approach CAP
$1.30M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M
Owner & transaction history
M & R Warehousing INC · 14 yrs held
M & R Warehousing INC
since 2012
6 recorded transactions
2017
Price N/A
2014
Price N/A
2012
Price N/A
2005
$1
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.1M +22.8%
Apartment house (5+ units) $1.9M +10.7%
Commercial (general) $1.7M +3.8%
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