28-38 THOMAS J RHODES INDUSTRIAL DRIVE new to site Save Request In-Person Tour Request Virtual Tour
Hamilton,NJ 08620
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 330,000 sqft
Price per Sqft $7
MLS Listing ID NJME2059970
Year Built 2022
Annual Tax Amount $10,400
Tax Year 2025
Lot Size 7.600 Acres
Property Sub-Type Industrial
Property Description
Exceptional Industrial Investment Opportunity
Perfect opportunity for many possible uses
Fully Serviced 7.6-acre industrial site offers unmatched infrastructure, extensive frontage, and abundant space** to accommodate various business needs. The property has all essential utilities readily accessible **on-site**, including:
- **Fiber optics** for high-speed connectivity
- **Natural gas** for efficient energy solutions
- **69kV electricity (PSEG)** ensuring reliable power capacity
- **Public water & sewer access** for seamless operations
### **Property Overview**
Spanning approximately **330,000 square feet**, the site consists of **contiguous lots (16-21)** and boasts **over 1,100 feet of road frontage with **142,000 square feet of contiguous usable land**, this property is **positioned for flexible industrial or commercial applications.
### Advanced Site Studies Completed
To further streamline development and minimize risk, the following **critical assessments** have been completed and are available for review:
✔ **NJDEP LOI wetlands delineation** – confirms environmental compliance
✔ **Geotechnical soil study** – ensures optimal foundation conditions
✔ **Topographical survey** – provides accurate site measurements
✔ **Variety Preliminary conceptual designs** – available through the listing agent
### **Investment Options**
This **high-potential site** offers two distinct acquisition paths, tailored to investor goals:
Plan A long term unsubordinated ground lease 20k monthly NNN
**Plan B: Strategic Value Acquisition**
- **Usable Acreage:** 3.28 acres (of 7.6 total)
- **Pricing:** $750K per usable acre
- **Total Investment:** $2,460,000
- **Contingency:** Seller will allow purchaser **reasonable time** to obtain a preliminary site plan
- **Advantage:** A **high-upside opportunity** with **significant value-add potential**
#### **Plan C; Fully Entitled, Ready-to-Build Development**
- **Pricing:** 1 million per usable acre
- **Total Investment:** $3,280,000
- **Advantage:** **Turnkey opportunity** for immediate development—eliminating entitlement risks
- **Negotiability:** Open to discussions for **customizing various entry terms**
Current manufacturing zoning permits 36 foot height
Extensive engineering geotechnical and Preliminary conceptual designs are available thru listing agent
Location
State NJ
County Mercer
Area Hamilton Twp (21103)
Zoning MANUFACTURING INDUSTRIAL
Interior
Hot Water None
Heating Heat Pump - Gas BackUp
Cooling Geothermal
Exterior
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available
Water Access N
Building
Lot Description Road Frontage,Trees/Wooded
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Hamilton Township
Others
Acceptable Financing Lease Purchase,Seller Financing
Listing Terms Lease Purchase,Seller Financing
Special Listing Condition Standard