293 Marshall St Paterson, NJ 07503
This exceptional 38,500-square-foot industrial property in Paterson, New Jersey, presents a compelling investment opportunity. Located at 293 Marshall St, 07503, this single-story, Class B building, constructed in 1960 and extensively renovated in 2022, offers versatile space ideal for distribution, manufacturing, or warehousing. The property boasts a 16-foot ceiling height, enhancing operational efficiency. Two interior loading docks and four drive-in doors ensure seamless logistics. A comprehensive security system and existing shelving are in place, minimizing upfront setup costs. The flexible layout allows for divisibility, accommodating businesses requiring anywhere from 2,800 to 38,500 square feet. The I1 zoning designation provides operational flexibility. This prime location offers easy access to major highways, facilitating efficient transportation and distribution. This ready-to-occupy space represents a significant advantage for businesses seeking immediate operational capacity in a strategically advantageous location. The property is situated in Passaic County, New Jersey.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.