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Property profile & analytics
OFF-MARKET
Industrial properties

5 Johnson Dr Raritan, NJ 08869-1662

18.64 ac lot Built 1966
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US59-0078779
Property summary
AI-generated overview

This exceptional 10,000-square-foot industrial property, located at 5 Johnson Drive in Somerset County, presents a unique leasing opportunity. The single-tenant building, constructed in 1966, offers a spacious and versatile layout ideal for manufacturing, warehousing, or trucking/delivery operations. The entire 10,000 square feet is currently vacant, providing immediate occupancy for a prospective tenant. The property features a single story design, simplifying logistics and operations. Its convenient location within Somerset County offers easy access to major transportation routes, enhancing distribution efficiency. The property's Assessed Parcel Number (APN) is 16-00062-0000-00003. This is an excellent opportunity for a business seeking a substantial, readily available industrial space in a prime Somerset County location. The property's single-tenant status ensures exclusive use and control, minimizing potential conflicts with other occupants. The building's age provides a solid foundation, while the ample square footage allows for customization to meet specific operational needs. This property is ready for immediate occupancy and offers significant potential for growth and success. Serious inquiries are encouraged to explore this exceptional leasing opportunity further.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1966
Lot 18.64 ac (811,828 SF)
APN 16 00062-0000-00003
UPID US59-0078779
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
Current use
Occupant on record · Public records
  • Wandenn Global Marketing & Advertising IT Consulting Firm
  • FREEDOS GROUP Logistics Company
  • East Coast Van Lines Inc. Moving Company
  • Knauer Realty Corporation Real Estate Agency
  • S2C2 Inc. Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Raritan Johnson Associates LLC · 19 yrs held
Raritan Johnson Associates LLC
since 2007
3 recorded transactions
2007
$9.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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