Property profile

525 Main St Belleville, NJ 07109

FOR LEASE
Warehouses
Property ID
US59-1193281
9.52 ac lot Built 1935
Entity Owned 23-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Belleville, NJ industrial warehouse offers 45,500 square feet of versatile space, perfect for warehouse/distribution or manufacturing needs. Located at 525 Main Street, Unit 2, this property boasts a total building size of 200,000 square feet and features 14-foot ceilings, providing ample vertical storage capacity. The unit includes four loading docks and four drive-ins, ensuring efficient loading and unloading operations. Ample parking is available on-site for employees and visitors. The property is equipped with 400 amps of power, sufficient for most industrial operations. Strategically located in Essex County, this warehouse offers convenient access to major transportation arteries, including immediate access to Route 21 and a short 3.7-mile drive to Route 3, facilitating seamless logistics and distribution. This single-suite warehouse within a larger building presents a unique opportunity for businesses seeking a well-equipped and conveniently located industrial space in a thriving New Jersey market. The property is situated in Belleville, NJ, zip code 07109.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1935
Construction CONCRETE BLOCKS
Lot 9.52 ac (414,691 SF)
APN 01 10101-0000-00001
UPID US59-1193281

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Post Office
  • Warehouse & Storage
  • Government Office

Location

525 Main St Belleville, NJ 07109
Belleville metro Census 14400 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
$970k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$970k

Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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