MINE HILL, NJ-NAI James E. Hanson has been named by Tarzan Inc. to market an 80-acre parcel that is one of the last developable spaces available in Mine Hill, NJ. The site, located in Morris County, consists of two connected parcels, one of 20 acres and one of 60 acres, located Canfield Avenue and Route 10, near Middlebury Industrial Park. Currently being used as farmland, the tract is zoned for industrial use.
"This offering provides an exceptionally unique opportunity for a builder, developer or user because there is virtually no other land in this area that is available for industrial development," says SVP John J. Schilp, who is marketing the property with VP Barry J. Cohorsky. "The variety of permitted uses should solicit significant attention from the development community."
The property has been approved for manufacturing, scientific research and development, light warehousing, business office and telecommunication towers and antennae uses. According to LoopNet, the asking price is $7.5 million.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.