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Cold Storage & Warehouse 148 Compton Rd 30,000 SF 100% Leased Industrial Building Wantage, NJ 07461 $4,650,000 ($155/SF)
Investment Highlights
- 40-Year History of Food Distribution and Temperature-Controlled Storage
- Freezer & Cooler Make Up Approximately 27% of GLA
- 19' High Ceilings In Cold Storage Areas
- Convenient Access to Route 23, Route 94 and Route 15
Executive Summary
148 Compton Road presents the opportunity to acquire a specialized cold storage and warehouse facility in Sussex County, New Jersey. The property consists of a 30,000-square-foot industrial building situated on 3.76 acres within the township's Limited Industrial zoning district. The facility has operated with a long history of food distribution and temperature-controlled storage and includes freezer and cooler areas representing approximately 27% of the building area. Warehouse operations are supported by 28-foot clear heights with racking capacity, while cold storage sections feature 19-foot ceilings designed for refrigerated storage requirements.
The site layout is configured to support logistics and distribution activity, with parking and staging areas designed for truck circulation and daily delivery operations. Building infrastructure includes 600-amp, 120/240-volt electrical service, exterior loading positions, and a single-story configuration that supports efficient movement of goods. Renovations completed in 2023 contribute to the property's operational functionality for industrial users requiring cold-chain capabilities.
The property's location provides access to several regional transportation corridors, including Route 23, Route 94, Route 15, and U.S. Route 206. The facility is positioned approximately 53 miles from New York City, 52 miles from Newark, and 41 miles from Morristown, supporting distribution throughout northwestern New Jersey and surrounding markets. The Limited Industrial zoning designation permits a range of industrial, warehousing, wholesale distribution, research, agricultural, and related commercial uses, providing flexibility for future ownership and occupancy strategies.
The site layout is configured to support logistics and distribution activity, with parking and staging areas designed for truck circulation and daily delivery operations. Building infrastructure includes 600-amp, 120/240-volt electrical service, exterior loading positions, and a single-story configuration that supports efficient movement of goods. Renovations completed in 2023 contribute to the property's operational functionality for industrial users requiring cold-chain capabilities.
The property's location provides access to several regional transportation corridors, including Route 23, Route 94, Route 15, and U.S. Route 206. The facility is positioned approximately 53 miles from New York City, 52 miles from Newark, and 41 miles from Morristown, supporting distribution throughout northwestern New Jersey and surrounding markets. The Limited Industrial zoning designation permits a range of industrial, warehousing, wholesale distribution, research, agricultural, and related commercial uses, providing flexibility for future ownership and occupancy strategies.
Property Facts
| Price | $4,650,000 | Lot Size | 3.76 AC |
| Price Per SF | $155 | Rentable Building Area | 30,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1990/2023 |
| Property Subtype | Refrigeration/Cold Storage | Clear Ceiling Height | 28’ |
| Building Class | C | No. Dock-High Doors/Loading | 3 |
| Zoning | LI | ||
| Price | $4,650,000 |
| Price Per SF | $155 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Refrigeration/Cold Storage |
| Building Class | C |
| Lot Size | 3.76 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2023 |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 3 |
| Zoning | LI |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 24-00018-0000-00012-07 | Improvements Assessment | $935,700 |
| Land Assessment | $219,000 | Total Assessment | $1,154,700 |
Property Taxes
Parcel Number
24-00018-0000-00012-07
Land Assessment
$219,000
Improvements Assessment
$935,700
Total Assessment
$1,154,700
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