Property profile

50 Tannery Rd Branchburg, NJ 08876

OFF-MARKET
Industrial properties
Property ID
US59-1735734
10.28 ac lot
Trust Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 11,700-square-foot industrial condo unit, located at 50 Tannery Road, Unit 2, Somerville, New Jersey, is now available for lease. Situated in Hunterdon County, this single-tenant property offers a versatile space ideal for various industrial uses, including flex, warehouse, R&D, distribution, and manufacturing. Built in 1990, the building features a single story with a 21-foot ceiling height, providing ample room for operations and storage. The unit includes one loading dock and twenty total parking spaces, ensuring efficient loading and ample employee parking. The property boasts 400 amps of power, sufficient for most industrial needs. Its strategic location offers easy access to major transportation arteries, including Route 22, I-78, and I-287, providing seamless connectivity to key markets in the Northeast, such as Philadelphia and New York City. Property taxes are $2.15 per square foot. This prime location and well-equipped space present an outstanding opportunity for businesses seeking a strategic foothold in New Jersey's thriving industrial sector. The property is part of a larger 93,000 square foot building. This is a rare opportunity to secure a well-positioned industrial space in a highly desirable location. Contact us today to schedule a viewing.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 10.28 ac (447,797 SF)
Zoning code ROM2
APN 22 00039-0000-00053- 04
UPID US59-1735734

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50 Tannery Rd Branchburg, NJ 08876-6034
Branchburg metro Census 11100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2011
Last sale
$2.2M
3 recorded transactions
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ROM2 · Branchburg, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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