4 American Way Spotswood, NJ 08884-1280
- Industrial properties
- 77,981 SF
- 14.96 lot acres
Current Use by Public Records
- Dart Seasonal Products Inc / Snow Removal Service / Store
Property Details for 4 American Way
- Lot size
- 14.96 lot acres
- Property size
- 77,981 SF
- Property type
- Industrial properties
- APN
- 24 00091- 3-00006
- APU
- 2400091300006
Description
This exceptional 79,500-square-foot warehouse, situated on a generous 14.96-acre lot in Spotswood, New Jersey, presents a compelling investment opportunity. The single-story building features 11 loading docks and one dock-high door, ensuring efficient loading and unloading operations. Ceiling heights range from 16 to 24 feet, providing ample vertical space for storage and various industrial uses. The property is zoned for light industrial use, offering flexibility for a range of businesses. Its strategic location offers convenient access to major transportation arteries. Located just one mile from the New Jersey Turnpike and Route 1, this property provides seamless connectivity to regional and national transportation networks. Furthermore, its proximity to the Port of Newark/Elizabeth (approximately 30 minutes away) makes it an ideal location for businesses involved in import/export activities. The expansive lot size allows for significant outdoor storage and trailer parking, adding considerable value and operational flexibility. This property is an excellent choice for businesses seeking a well-located, spacious, and functional warehouse facility in a thriving industrial area. The address is 4 American Way, Spotswood, NJ 08884, within Middlesex County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,830,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $9,525,000
- 6.5%
- $10,045,000
- 7%
- $9,990,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,920,000
- Geo Method
- $8,570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,920,000
- Retail
- $8,160,000
- Mixed-Use
- $10,500,000
- Hospitality
- $10,285,000
- Educational
- $8,430,000
- Residential Income
- $8,830,000
- Energy
- $10,340,000
- Income-Based Land
- $10,875,000
- Food Service
- $9,485,000
Location Insight
- Map
- Local Demand
- City
- Spotswood
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3834
- Latitude
- 40.4035
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
