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Value-Add Industrial Redevelopment 93 Route 31 75,000 SF Industrial Building Online Auction Sale Washington, NJ 07882
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Investment Highlights
- Investors and owner/users can take advantage of this perfectly placed redevelopment opportunity in Washington, New Jersey.
- Area demographics bode well for buyers with a population on the rise and a workforce of nearly 7,500 employees within 5 miles.
- Just a quick drive to retailers and conveniences like Dunkin’, CVS, Taco Bell, Washington Diner, Muheisen’s Bagel & Deli, and many more.
- Benefits from being a part of the I-95 Northeast logistics hub that provides access to one-third of the nation's population within a one-day drive.
- Washington is a premier place for industrial properties as it grants easy access to the New York, New Jersey, and Pennsylvania markets.
Executive Summary
93 Route 31 presents a compelling redevelopment opportunity in Washington, New Jersey, positioned to capture the attention of users, investors and developers.
Delivered vacant, the property gives future ownership a clean slate to reimagine the site and move quickly from concept to execution. The existing structure spans 75,000 square feet and sits on 9.3 acres, offering the scale and flexibility that redevelopment teams look for. Built in 1991, the building has long been part of Washington’s industrial landscape and is now ready for its next chapter. The site is equipped with 120 surface parking spaces, eighteen dock doors, ±22-foot clear heights, and 50-foot by 60-foot column spacing. These features support a range of industrial redevelopment strategies. Zoned I for industrial use, 93 Route 31 opens the door to multiple possibilities, making it an exciting opportunity for investors and developers ready to unlock the property’s full potential.
Positioned on Route 31, the site benefits from strong regional connectivity. 93 Route 31's proximity to town adds another layer of value, placing future ownership near a mix of local favorites such as Nossa Terra Café and Grill and Dicola’s Pizza, along with national retailers and service providers including Taco Bell, Advance Auto Parts, Exxon, and more. For investors, this combination of strategic access and nearby amenities strengthens the property’s long-term appeal.
Washington, New Jersey, stands out as a strategic setting for industrial investment. Washington offers access to the highly sought-after New York, New Jersey, and Pennsylvania corridor while maintaining the advantages of a more cost-effective operating environment. Positioned within the Northeast Interstate 95 logistics network, the location provides reach to one-third of the nation’s population within a one-day drive, making it especially attractive for distribution, warehousing, and last-mile strategies. Connectivity to major East Coast markets and the Port of New York and New Jersey further strengthens the 93 Route 31's long-term appeal, while strong regional demand for industrial space adds to the area’s investment potential.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Delivered vacant, the property gives future ownership a clean slate to reimagine the site and move quickly from concept to execution. The existing structure spans 75,000 square feet and sits on 9.3 acres, offering the scale and flexibility that redevelopment teams look for. Built in 1991, the building has long been part of Washington’s industrial landscape and is now ready for its next chapter. The site is equipped with 120 surface parking spaces, eighteen dock doors, ±22-foot clear heights, and 50-foot by 60-foot column spacing. These features support a range of industrial redevelopment strategies. Zoned I for industrial use, 93 Route 31 opens the door to multiple possibilities, making it an exciting opportunity for investors and developers ready to unlock the property’s full potential.
Positioned on Route 31, the site benefits from strong regional connectivity. 93 Route 31's proximity to town adds another layer of value, placing future ownership near a mix of local favorites such as Nossa Terra Café and Grill and Dicola’s Pizza, along with national retailers and service providers including Taco Bell, Advance Auto Parts, Exxon, and more. For investors, this combination of strategic access and nearby amenities strengthens the property’s long-term appeal.
Washington, New Jersey, stands out as a strategic setting for industrial investment. Washington offers access to the highly sought-after New York, New Jersey, and Pennsylvania corridor while maintaining the advantages of a more cost-effective operating environment. Positioned within the Northeast Interstate 95 logistics network, the location provides reach to one-third of the nation’s population within a one-day drive, making it especially attractive for distribution, warehousing, and last-mile strategies. Connectivity to major East Coast markets and the Port of New York and New Jersey further strengthens the 93 Route 31's long-term appeal, while strong regional demand for industrial space adds to the area’s investment potential.
Property tours are available by appointment only. Please contact the listing broker to schedule.
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Property Facts
| Sale Type | Investment | Rentable Building Area | 75,000 SF |
| Sale Condition | Auction Sale | No. Stories | 2 |
| Type of Ownership | Fee Simple | Year Built | 1991 |
| Property Type | Industrial | Parking Ratio | 1.6/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 22’ |
| Building Class | B | No. Dock-High Doors/Loading | 18 |
| Lot Size | 9.30 AC | Parcel Number | 21-00037-0000-00004 |
| Zoning | Industrial | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 9.30 AC |
| Rentable Building Area | 75,000 SF |
| No. Stories | 2 |
| Year Built | 1991 |
| Parking Ratio | 1.6/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 18 |
| Zoning | Industrial |
| Parcel Number | 21-00037-0000-00004 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Philadelphia
1,584,138
62
1 h 36 m
New York
8,398,748
70
1 h 33 m
Washington
702,455
204
4 h 29 m
Boston
694,583
276
5 h 44 m
Columbus
892,533
507
9 h 29 m
Charlotte
872,498
585
11 h 18 m
Access and Labor Force
10 Miles
Total Population
96,610
Total Labor Force
54,783
Unemployment Rate
3.83%
Median Household Income
$115,564
Warehouse Employees
8,727
High School Education Or Higher
94.30%
Sale Advisors
Sale Advisors
Robert Adams, Principal/Broker of Record
Mr. Adams joined Garden State Realty, specializing in industrial real estate, in March 2013 as a Managing Member. His activities include assisting users of warehouse, distribution or manufacturing space with supply chain services. He has represented clients such as NFI, Bosal USA, I & J Fisnar, Matheson Flight Extenders, Bartell Morrison USA, Indo American Granite, Alliance Trucking, Horizon Moving & Storage, and Armstrong World Industries. He also works on behalf of owners such as ProLogis, Tulfra Realty, Saddleback Realty, Industrial Income Trust, and First Industrial Realty Trust, assisting them on agency leasing assignments, acquiring suitable facilities, and disposing of surplus property. Prior to joining Garden State Realty, Mr. Adams served in a variety of roles in the financial advisory, residential and commercial mortgage, and most recently corporate real estate brokerage with Cushman and Wakefield of New Jersey, Inc. since November 2007. While joining Garden State Realty, Mr. Adams also assisted with starting a successful residential development company and construction company that focused on buying, renovating, and selling distress residential homes. As a managing member of both companies, he focused on the day to day business operations and helped his team facilitate both companies’ achievements. Mr. Adams’ skill set in the residential real estate arena allows him to use his expertise to represent sellers, buyers, renters, and investors alike with confidence. Since becoming the sole Managing Member of Garden State Realty, he has relinquished ownership of the development and construction companies to focus on the growth and success of Garden State Realty. Mr. Adams earned his Bachelor of Science degree in Finance from Fairleigh Dickinson University. He is a licensed real estate Salesperson in the State of New Jersey and a CCIM candidate.
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Value-Add Industrial Redevelopment | 93 Route 31
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Value-Add Industrial Redevelopment | 93 Route 31
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