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    Property profile & analytics
    OFF-MARKET Estimated value $2,170,000
    Industrial properties

    69 5th Ave, Hawthorne, NJ 07506-2139

    0.8 ac lot Built 1948
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US59-1099528
    Property summary
    AI-generated overview

    This exceptional 25,000-square-foot industrial property in Hawthorne, NJ, offers a unique opportunity for businesses seeking versatile manufacturing or warehouse space. Located at 69 5th Ave, this single-story, Class B building boasts 14-foot ceilings, providing ample vertical storage capacity. Built in 1988 and renovated in 2020, the property features a total of two suites, with the entire 25,000 square feet currently vacant and immediately available for lease. The building's efficient layout includes convenient access with four drive-in doors and one loading dock, easily accommodating 53-foot trailers. Robust 3-phase electric power ensures operational efficiency. The property sits on a 0.34-acre lot with a building floor area ratio (FAR) of 1.69. Annual property taxes are $2.28 per square foot. This well-maintained space presents a compelling opportunity for businesses seeking a functional and strategically located industrial facility. The property's features make it ideal for a variety of manufacturing and warehousing operations. The combination of ample space, modern upgrades, and convenient loading capabilities makes this a highly desirable location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1948
    Construction CONCRETE BLOCKS
    Lot 0.8 ac (35,000 SF)
    APN 04 00197-0000-00004
    UPID US59-1099528
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.50M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.17M
    Owner & transaction history
    141 Fifth Ave LLC · 4 yrs held
    141 Fifth Ave LLC
    since 2021
    Last sale
    $1.9M
    2 recorded transactions
    2021
    $1.9M
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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