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1434-1440 County Rd 70,000 SF Industrial Building Wantage, NJ 07461 $8,000,000 ($114.29/SF) 6% Cap Rate

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EXECUTIVE SUMMARY

Discover a remarkable industrial property offering unparalleled investment potential. Situated on an expansive 28-acre lot, this property features a spacious 70,000 square feet of industrial and warehouse space, fully rented and generating consistent income.
Key highlights include:
Turnkey investment: Space is fully leased, ensuring immediate and steady revenue.
Strategic location: Positioned for optimal accessibility to major transportation routes and industrial hubs.
Ample land: The 28-acre parcel offers potential for future expansion or additional development opportunities.
This property combines size, location, and income stability, making it an ideal acquisition for investors seeking a reliable, high-performing asset. Don’t miss the chance to secure this lucrative industrial real estate opportunity.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $621,249 $8.87
Other Income - -
Vacancy Loss - -
Effective Gross Income $621,249 $8.87
Taxes $72,800 $1.04
Operating Expenses $70,000 $1.00
Total Expenses $142,800 $2.04
Net Operating Income $478,449 $6.83

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $621,249
Annual Per SF $8.87
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $621,249
Annual Per SF $8.87
Taxes
Annual $72,800
Annual Per SF $1.04
Operating Expenses
Annual $70,000
Annual Per SF $1.00
Total Expenses
Annual $142,800
Annual Per SF $2.04
Net Operating Income
Annual $478,449
Annual Per SF $6.83

PROPERTY FACTS

Price $8,000,000
Price Per SF $114.29
Sale Type Investment
Cap Rate 6%
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 28.00 AC
Rentable Building Area 70,000 SF
No. Stories 1
Year Built 1968
Tenancy Single
Parking Ratio 1.71/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1
Zoning I - Industrial

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-00007-0000-00008
  • 24-00007-0000-00007-03
Land Assessment
$1,302,900 (2025)
Improvements Assessment
$1,443,500 (2025)
Total Assessment
$2,746,400 (2025)
Annual Taxes
$72,800 ($1.04/SF)
Tax Year
2024
  • Listing ID: 34546615

  • Date on Market: 1/20/2025

  • Last Updated:

  • Address: 1434-1440 County Rd, Wantage, NJ 07461

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