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Property profile & analytics
OFF-MARKET
Refrigerated & Cold Storage

40 Enterprise Ave Lawrence Township, NJ 08648

261,646 SF Built 2023
Entity Owned 1-yr Hold
Property ID
US59-0883440
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 40 Enterprise Ave in Lawrence Township, NJ, offers 261,646 square feet of versatile warehouse, manufacturing, distribution, and refrigerated/cold storage space. Built and renovated in 2023, the single-story building boasts a 40-foot ceiling height, 46 loading docks with 46 dock-high doors, and two drive-in doors. The property features ample parking with 141 spaces, expandable to 197. Power is supplied by a robust 2500-amp system. Units are available from a minimum of 100,000 square feet. Strategically located with excellent visibility on Route 1 (approximately 50,000 vehicles per day), this property benefits from a strong blue-collar labor pool and a 30-year PILOT program for real estate tax advantages. This is a long-term lease opportunity with a reputable landlord. The property is situated in Mercer County, NJ, zip code 08648. This is an ideal location for businesses seeking modern, efficient, and strategically located industrial space in a thriving market. The property is currently multi-tenant.

Property profile
Verified
Property type Refrigerated & Cold Storage
Year built 2023
Total area 261,646 SF
UPID US59-0883440
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
40 Lawrence Logistics LLC · 1 yrs held
40 Lawrence Logistics LLC
since 2025
2 recorded transactions
2025
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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