Warehouse Development Opportunity 438 Pompton Rd

LC Realty, as exclusive agent, presents a prime investment opportunity at 438 Pompton Road, Wayne, NJ. Set on 4.36 acres, the property is currently encumbered by approximately 13,372 square feet of functionally obsolete warehouse, and is primed for the development of a 56,975 square foot state-of-the-art warehouse facility. Ownership is in the process of obtaining final site plan approval. The planned development features 38’ building height, 11 loading docks, 1 drive-in loading ramp, and parking for 22 cars, catering to the high demand for logistic spaces in a competitive market. Located in the (B)Business zoning district, the property has secured a bifurcated use variance, relief, and “bulk” variance relief with an E.P waiver, enabling warehouse construction in a high-barrier-to-entry locale. Its strategic placement within the Route 46/23/3 Interchange submarket in Northern New Jersey ensures unparalleled access to the New York City metro area and positions it as a premier last-mile redevelopment opportunity in a swiftly expanding industrial market.
With Passaic County’s limited new warehouse space due to high entry barriers, 438 Pompton Road stands as a significant investment prospect. Its proximity to key roadways and the potential to serve a vast consumer base highlight the property’s development potential. This offering capitalizes on the area’s near-full occupancy and the anticipated growth, driven by its strategic location and robust surrounding infrastructure. For more detailed information on this opportunity, please contact Edan Cohen and Linda Cinelli at LC Realty.