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Property profile & analytics
OFF-MARKET
Industrial properties

254 Mercer St Stirling, NJ 07980

1.11 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US59-3102404
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 1.11 ac (48,395 SF)
Zoning code B-2
APN 30 11513-0000-00013
UPID US59-3102404
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
  • Grind Time Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
254 Mercer Investors Tic I LLC · 8 yrs held
254 Mercer Investors Tic I LLC
since 2018
4 recorded transactions
2018
$500,000
2017
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Stirling, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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