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INVESTMENT HIGHLIGHTS
- Building has flexible zoning including retail, flex, warehouse, light assembly, etc.
- Property is corner to corner and contains 1.4 acres with parking for over 50 cars in fully fenced lot.
- The property is fully sprinklered with heat and air conditioning.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,100,000 | No. Stories | 1 |
| Price Per SF | $113.30 | Year Built | 1950 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.46/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 1.40 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 27,362 SF | ||
| Zoning | B1S - Urban Enterprise Zone; Opportunity Zone | ||
| Price | $3,100,000 |
| Price Per SF | $113.30 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.40 AC |
| Rentable Building Area | 27,362 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 1.46/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
| Zoning | B1S - Urban Enterprise Zone; Opportunity Zone |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The property consists of a 27,362 SF building with a 100-foot width on a 1.4-acre lot spanning four corners, block to block. It features 12-foot clear ceilings, one loading dock, city sewer, wet sprinkler system, and 900-amp power. There is a 10’x12’ chemical storage room, parking for 30 cars in a fenced lot, and traffic volume of 20,000 cars per day. Zoning is B1S, and the site is located in both an Urban Enterprise Zone and an Opportunity Zone, with direct access to Route 29 and Exit 7A of the NJ Turnpike.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 27,362 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 27,362 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 27,362 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
The property consists of a 27,362 SF building with a 100-foot width on a 1.4-acre lot spanning four corners, block to block. It features 12-foot clear ceilings, one loading dock, city sewer, wet sprinkler system, and 900-amp power. There is a 10’x12’ chemical storage room, parking for 30 cars in a fenced lot, and traffic volume of 20,000 cars per day. Zoning is B1S, and the site is located in both an Urban Enterprise Zone and an Opportunity Zone, with direct access to Route 29 and Exit 7A of the NJ Turnpike.
PROPERTY TAXES
| Parcel Number | 11-18201-0000-00001 | Improvements Assessment | $278,200 |
| Land Assessment | $685,000 | Total Assessment | $963,200 |
PROPERTY TAXES
Presented by
480 Lalor St
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