50 Cragwood Road
South Plainfield, NJ 07080 · Sold · $8,800,000
4.77 acres of M-2 industrial land directly off Interstate 287, sold for a 59,649 SF ground-up industrial development.
At a glance
- Sale price
- $8,800,000
- Deal type
- Land sale
- Land
- 4.77 acres
- Zoning
- M-2 Industrial
- Planned building
- 59,649 SF
- Exterior doors
- 7
- Drive-in doors
- 1
- Access
- Directly off I-287
The deal
Josh sold this 4.77-acre site in South Plainfield's I-287 industrial corridor for $8,800,000. The land is zoned M-2 and the sale was structured as part of a property swap.
It was sold for ground-up development: a new 59,649 SF industrial building with seven exterior doors and one drive-in door.
The site
- Location
- South Plainfield, Middlesex County
- Highway
- Directly off Interstate 287
- Zoning
- M-2
- Use
- Ground-up industrial development
Own industrial land in New Jersey?
Josh will tell you what your site would sell for to a developer or owner-user, and how a swap or 1031 exchange could fit.