860 Springfield Rd, Union, NJ 07083-8614
This exceptional 23,985-square-foot freestanding warehouse in Union, New Jersey, presents a remarkable owner-user opportunity. Situated on approximately 1.01 acres, this single-story building offers ample space for various industrial operations. The property boasts 4 loading docks and 4 dock-high doors, ensuring efficient loading and unloading. A convenient drive-in door further enhances operational flexibility. The warehouse features a generous 16-foot clear ceiling height, providing ample vertical space for storage and equipment. In addition to the expansive warehouse area, the property includes approximately 1,920 square feet of modern office space, perfect for administrative functions. Currently vacant, the property is available for occupancy starting July 1, 2024, allowing for immediate customization and move-in. Located at 860 Springfield Road, Union, NJ 07083, this property offers excellent access to major transportation routes, making it an ideal location for businesses needing efficient logistics. The property's size, features, and location combine to create a compelling investment opportunity for owner-occupiers seeking a functional and strategically located industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.