254 Mercer St Stirling, NJ 07980
- Industrial properties
- 1.11 lot acres
Current Use by Public Records
- Grind Time Fitness / Physical Fitness Program / Personal Trainer
Property Details for 254 Mercer St
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.11 lot acres
- Zone code
- B-2
- Property type
- Industrial properties
- APN
- 30 11513-0000-00013
- APU
- 3011513000000013
Description
This exceptional 8,000-square-foot freestanding warehouse and office space is available for lease at 254 Mercer Street in Stirling, New Jersey, within Morris County. The property is categorized as both retail and industrial, offering a versatile space suitable for a variety of businesses. The building consists of a single suite encompassing the entire 8,000 square feet, currently vacant and ready for immediate occupancy. The "freestanding" nature of the building provides excellent visibility and accessibility. Beyond the main warehouse space, the property also includes valuable additional outside storage area, perfect for inventory, equipment, or materials. Located in Long Hill Township, the property benefits from a convenient location within Morris County, New Jersey, with the address being 254 Mercer Street, Stirling, NJ 07980. This presents a unique opportunity for a business seeking a substantial, well-situated warehouse space with ample outdoor storage. The property type is listed as both retail and industrial, suggesting flexibility in permitted uses. Interested parties should inquire about specific zoning regulations and permitted uses to ensure compatibility with their business operations. The entire building is available for lease, offering a significant footprint for a single tenant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $365,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $430,000
- 7%
- $500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $510,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $575,000
- Retail
- $495,000
- Mixed-Use
- $555,000
- Hospitality
- $540,000
- Educational
- $545,000
- Residential Income
- $425,000
- Energy
- $515,000
- Income-Based Land
- $450,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Stirling
- County
- Morris
- State
- New Jersey
- Longitude
- -74.4919
- Latitude
- 40.6698
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
