Technical
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Distress signals
Property profile

258 Prospect Plns Rd Cranbury, NJ 08512

OFF-MARKET
Other warehouses
Property ID
US59-2155743
58.2 ac lot Built 2002
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A warehouse facility totaling approximately 255,000 square feet, configured with a minimum 38-foot clear ceiling height. The structural layout includes 45-foot by 45-foot column spacing and 60-foot speed bays. Loading is served by approximately 24 dock doors, with 19 equipped with pit levelers, and a truck court measuring about 130 to 135 feet. The site provides 20 car parking spaces. The building is equipped with an ESFR sprinkler system and a fire pump, with heating provided by roof-mounted gas-fired Cambridge units and LED lighting throughout. The roof system is a fully adhered EPDM installation, and the interior floor consists of a 7 to 9 inch reinforced slab. Electrical service is rated at 6,000+ amps and is supported by solar.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Lot 58.2 ac (2,535,401 SF)
Zoning code LI
APN 02 00004-0000-00001- 02
UPID US59-2155743

Cap rate & NOI

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

Location

258 Prospect Plns Rd Cranbury, NJ 08512-3605
Cranbury metro Census 8700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2013
3 recorded transactions
2013
$98.0M
2011
$80.5M
1969
Price N/A

Zoning & alternative use

LI · Cranbury, NJ
Zoning description

General Commercial (GC) District. § 150-22 Community Mixed-Use (C-M) District. § 150-22.1 Highway Mixed-Use (H-M) District. § 150-23 Industrial-Light Impact (I-LI) Zone. § 150-24 Research Office and Light Industrial (RO/…

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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