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Property profile & analytics
OFF-MARKET Estimated value $6,200,000
Commercial real estate

721 Lincoln Ave Rahway, NJ 07065-5713

24,624 SF 0.96 ac lot Built 1971
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-2033829
Property summary
AI-generated overview

This exceptional 25,118-square-foot industrial warehouse in Rahway, Union County, presents a unique opportunity for immediate occupancy. The single-tenant building sits on a one-acre lot and boasts a generous 18-foot ceiling height, providing ample storage and operational flexibility. Two loading docks and one drive-in door ensure efficient loading and unloading of goods. The property includes 25 total parking spaces for employees and visitors. The warehouse is equipped with 400 amps of power, sufficient for most industrial operations. Its strategic location offers easy access to a large local workforce, placing your business within reach of a skilled and readily available talent pool. Furthermore, its proximity to Newark Liberty International Airport and the Elizabeth/Newark Ports provides unparalleled logistical advantages for businesses involved in import/export or requiring convenient air travel access. This property is ideal for a variety of industrial uses, offering a combination of size, functionality, and location that is rarely found. The building's single-tenant status ensures complete control and operational independence. This is a rare opportunity to secure a substantial, well-equipped industrial space in a highly desirable location. Don't miss out on this chance to establish or expand your business in a prime industrial setting.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1971
Total area 24,624 SF
Lot 0.96 ac (41,927 SF)
APN 13 00389-0000-00031
UPID US59-2033829
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
  • Indian Groceries & Spices Inc Big Box & Wholesale Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.20M
CAP Approach CAP
$5.00M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.20M
Owner & transaction history
Garwood Real Estate LLC · 2 yrs held
Garwood Real Estate LLC
since 2024
Last sale
$6.2M
7 recorded transactions
2025
Price N/A
2024
$6.2M
2017
Price N/A
2006
$10
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $5.0M +9.3%
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