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    45 Griffith St Salem, NJ 08079

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    45 Griffith St Salem, NJ 08079


    • Industrial properties
    • 12.13 lot acres
    Salem Warehouse with Dock Doors For Sale
    $9,200,000
    92,000 SF

    Salem Warehouse with Dock Doors

    92,000 SF warehouse on 12.13 acres with 16 docks.

    45 Griffith St, Salem, NJ
    View Listing
    Property ID
    US59-2391752
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ploughman's Restaurant / Restaurant
    • Courier Systems Inc / Courier Service / Postal Service

    Property Details for 45 Griffith St

    Year built
    1940
    Lot size
    12.13 lot acres
    Property type
    Industrial properties
    APN
    13 00010-0000-00001
    APU
    1300010000000001

    Description

    This exceptional single-tenant industrial distribution facility, located at 45 Griffith Street in Salem, New Jersey, presents a compelling investment opportunity. The property boasts a substantial 92,000 square feet of warehouse space within a single, one-story building constructed in 2000. The building features impressive ceiling heights ranging from 16 to 28 feet, providing ample vertical storage capacity. Efficient operations are ensured with 18 loading docks, including 16 dock-high doors, and two drive-in doors. Extensive parking is available with 50+ spaces. The property sits on a generous 12.13 acres of land, fully fenced, and offers valuable outside storage space. The building is zoned for industrial use and benefits from robust power capabilities, with 800 amps at 480 volts. Annual property taxes are $0.95 per square foot. This well-maintained property is ideally suited for a variety of distribution and manufacturing operations, offering a strategic location in Salem County, New Jersey, with easy access to major transportation routes (specific details not provided). The property's size, features, and location make it an attractive option for businesses seeking efficient and expansive warehouse space. This is a rare opportunity to acquire a high-quality industrial property in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $8,600,000
      ML approach
      $6,715,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    New Jersey
    Longitude
    -75.4746
    Latitude
    39.5754
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $84,130
    $353,300
    $765,900
    $1,119,200
    -
    $353,300
    $765,900
    $1,119,200
    View Listing
    More about this property
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