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Property profile & analytics
FOR SALE
Flex space

50 Springfield Ave 1 Springfield, NJ 07081

7,000 SF Built 1965
Property ID
US59-Q008630
Property summary
AI-generated overview

Rare opportunity to secure a premier 7,000 SF professional flex facility in the heart of the prestigious Springfield/Short Hills corridor. Designed for the modern 2026 logistics landscape, this property offers unrivaled vehicle capacity and operational flexibility.The site features a rare 23 total v ... ehicle stalls (19 surface spaces + 4 internal garages), providing a 320% parking surplus that is ideal for high-staff medical clinics or fleet-heavy service contractors. Logistics are optimized with five high-clearance drive-in bays, including an oversized 12' door for high-roof Sprinter vans and four 10' bays for standard fleet vehicles.The interior boasts a turn-key professional wing with two private offices, allowing management to operate seamlessly alongside warehouse or showroom activities. Five distinct access points facilitate a high-efficiency circular workflow, while the flexible footprint is easily divisible for scale-up tenants (3,000"5,000 SF). Minutes from NJ-24, I-78, and the GSP, this high-visibility facility offers significant signage opportunities in a high-wealth demographic area.

Property profile
Verified
Property type Flex space
Year built 1965
Total area 7,000 SF
UPID US59-Q008630
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
  • Tru Form Inc Cosmetic Store
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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