29-31 Industrial Ave Fairview, NJ 07022
This exceptional investment opportunity presents a unique chance to acquire a substantial industrial property located at 29-31 Industrial Avenue in Fairview, New Jersey. The property is listed at $1,825,000 and offers significant potential for various commercial uses. While the exact square footage is not currently specified, the property's size and location make it an attractive proposition for businesses seeking a strategic foothold in a thriving area. Situated in Fairview, NJ, the property benefits from excellent access to major transportation routes, facilitating efficient logistics and distribution. The address, 29-31 Industrial Avenue, places it within a well-established industrial zone, offering proximity to other businesses and supporting infrastructure. The property sits on a lot of zero acres, suggesting a compact yet potentially highly functional layout. The property type is classified as "Other," indicating a versatile space adaptable to a range of commercial needs. This presents a blank canvas for prospective buyers to tailor the space to their specific operational requirements. Given the price point and location, this property is ideal for investors seeking a strong return on investment or businesses looking to establish a presence in a dynamic and accessible location. Further due diligence is encouraged to fully assess the property's potential and suitability for intended use. Interested parties are encouraged to contact the listing agent for additional information and to schedule a viewing.
ermitted for in the following districts, and as regulated herein. a. R-D - Medium Density Garden Apartment Zone District b. R-E - Senior Housing Zone District c. R-F - High Density High Rise Residential Zone District d. I - Industry Zone District e. The following requirements shall be applicable to lots with more than one principal building: 1. The front, si…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I · Fairview, NJermitted for in the following districts, and as regulated herein. a. R-D - Medium Density Garden Apartment Zone District b. R-E - Senior Housing Zone District c. R-F - High Density High Rise Residential Zone District d. I - Industry Zone District e. The following requirements shall be applicable to lots with more than one principal building: 1. The front, side and rear yard requirements shall be complied with for all buildings; 2. The of
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.