Godfrey Properties
Donna Godfrey, Godfrey PropertiesPhone: (267) 688-0536
Email: donna@donnag.com

Real estate listing preview #1Real estate listing preview #2
listing
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CommercialFor Sale
$2,460,000
28-38 Thomas J Rhodes Industrial Drive
Hamilton, NJ 08620
Listed by: Rohrer Real Estate, 8568588800
MLS: Bright MLS
330,000Sq Ft
Est. Mortgage
$12,798/mo

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

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This data is up-to-date as of 06/06/2025 02:16 AM. Listing provided by Jeffrey Bisk of Rohrer Real Estate.
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