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580 Elm St 24,000 SF 100% Leased Industrial Building Kearny, NJ 07032 $2,950,000 ($122.92/SF)
Executive Summary
Industrial property of 24000 sq ft situated on just about .59 acre. Property ideal for industrial use and yard storage/truck parking. Alternative uses can be residential development, as the property is sitting in a residential zoning. The industrial property is grandfathered in residential zoning, therefore may translate to easier approvals of development.
Property Facts
| Price | $2,950,000 | Rentable Building Area | 24,000 SF |
| Price Per SF | $122.92 | No. Stories | 3 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1945/1990 |
| Sale Condition | High Vacancy Property | Parking Ratio | 0.5/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’5” |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.59 AC | ||
| Zoning | M1 - Property is located in a residential zoning of R-2. The industrial property is grandfathered in as a non conforming use. | ||
| Price | $2,950,000 |
| Price Per SF | $122.92 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.59 AC |
| Rentable Building Area | 24,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1945/1990 |
| Parking Ratio | 0.5/1,000 SF |
| Clear Ceiling Height | 14’5” |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1 - Property is located in a residential zoning of R-2. The industrial property is grandfathered in as a non conforming use. |
Amenities
- Smoke Detector
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | 07-00169-0000-00002 | Improvements Assessment | $157,000 |
| Land Assessment | $128,000 | Total Assessment | $285,000 |
Property Taxes
Parcel Number
07-00169-0000-00002
Land Assessment
$128,000
Improvements Assessment
$157,000
Total Assessment
$285,000
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580 Elm St
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