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    FOR SALE
    Industrial properties

    285 Highland Cross, Rutherford, NJ 07070

    11,500 SF 1.08 ac lot Built 1920
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US59-2902946
    Property summary
    AI-generated overview

    This 12,050-square-foot Class B warehouse in Rutherford, NJ, is situated on a 1.08-acre lot. Built in 1992 and renovated in 2022, the single-story building features a 13-foot ceiling height, one loading dock, one dock-high door, and five drive-in doors. The property boasts ample parking (34,000 sq ft) and is fully vacant, offering immediate occupancy. The space is divisible, with options ranging from approximately 2,000 to 12,000 square feet, ideal for various industrial uses. Previously used as a truck leasing and fleet servicing center, the warehouse offers clean, column-free space. The property is privately fenced, ensuring security and exclusivity. Light power is currently available. This exceptional location in Rutherford, NJ (zip code 07070) provides easy access to major transportation routes. The property is comprised of three suites within a single building.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1920
    Construction CONCRETE BLOCKS
    Total area 11,500 SF
    Lot 1.08 ac (47,045 SF)
    APN 56 00223-0000-00006- 04-HM
    UPID US59-2902946
    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
    • Meadowlands Tire LLC (Bike/Boat/Book/etc) Store Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.25M
    CAP Approach CAP
    $1.99M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.23M
    Owner & transaction history
    Eumk LLC · 2 yrs held
    Eumk LLC
    since 2023
    Last sale
    $3.2M
    7 recorded transactions
    2023
    $3.2M
    2023
    2021
    2010
    $600,000
    2006
    $990,000
    2004
    $1
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $3.8M +46.7%
    Office building $2.8M +7.9%
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    More about this property
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