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    11 Commerce Dr Cranford, NJ 07016

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    For Lease
    $26 SF/Yr ($5,780 /Mo)

    90,000 SF building suitable for hotel, restaurant, or office.

    Property size:
    2,668 SF
    Lot size:
    3.94 Acres

    Property Features for 11 Commerce Dr

    General Information

    Size
    2,668 SF
    Lot size
    3.94 Acres

    Source: Cushman & Wakefield | Morristown Agent William O'Keefe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Space in Cranford, NJ

    This property features a three-story, 90,000 square foot building constructed with masonry and glass. It is suitable for hotel, restaurant, or office use. The property is located at 11 Commerce Dr in Cranford, NJ and offers 2,668 square feet of space for lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hasselblad Bron Inc Camera Store Tirosint Medical Clinic Samirah Bostic Psychiatrist Mahamaya Bhattacharyya Psychiatrist GuardTrax, LLC Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cranford
    County
    Union
    State
    New Jersey
    Longitude
    -74.2847357
    Latitude
    40.6466884

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    FAQs

    What type of property is this?
    Office space - 90,000 SF building suitable for hotel, restaurant, or office.
    Where is this office space located?
    The property is located at 11 Commerce Dr Cranford, NJ.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Hotel and restaurant property; - 90,000 square foot building offers ample space; - Three story building
    (973) 993-1200
    Request Owner's contact information
    11 Commerce Dr Cranford, NJ 07016
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    Cranford, NJ 07016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Commerce Dr Cranford, NJ 07016
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