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    480-490 No Beverwyck Rd Parsippany, NJ

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    For Lease
    Contact for pricing

    Retail property with triple drive-thru, close to major routes.

    Property size:
    11,151 SF
    Lot size:
    3.86 Acres

    Property Features for 480-490 No Beverwyck Rd

    General Information

    Size
    11,151 SF
    Lot size
    3.86 Acres

    Source: RIPCO Real Estate - New Jersey Agent Deborah Stone

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

    Overview

    Parsippany Retail Property For Rent

    This retail property, offering 11,151 square feet, features a triple drive-thru. The site benefits from high visibility and is situated in the main downtown shopping district of Parsippany, New Jersey. Its location provides convenient access to Route 46, Route 80, and Route 287, as well as close proximity to NJ Transit.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Parsippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4270192
    Latitude
    40.8574813

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail property with triple drive-thru, close to major routes.
    Where is this drive through restaurant located?
    The property is located at 480-490 No Beverwyck Rd Parsippany, NJ.
    What are key features of this property?
    This property features: - Triple drive thru; - High visibility; - Located in the main downtown shopping district
    (201) 777-2300
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    Parsippany, NJ
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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
    480-490 No Beverwyck Rd Parsippany, NJ
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