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    199 Smith Rd Parsippany, NJ 07054

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    For Lease
    $1,800 /Mo

    Prime 800 SF therapy/salon space within Envy Sports Club.

    Property size:
    400,000 SF
    Lot size:
    400,000 SF

    Property Features for 199 Smith Rd

    General Information

    Standard status
    Active
    Size
    400,000 SF

    Building Details

    Year built
    1987

    Source: WEICHERT REALTORS Agent MARK ROGALO

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

    Overview

    Therapy/Salon Space in Parsippany

    Located within the Envy Sports Club and Pools, Resort Health Club, in Parsippany, NJ, this Therapy/Salon Space offers approximately 800 square feet of space. The property benefits from a location with traffic from hotel and fitness center guests throughout the day. Clients have access to locker rooms, fitness equipment, indoor and outdoor pools, as well as a sauna. The space is comprised of a guest meeting area, 3 therapy rooms, and a waiting area. This location is suited for a therapist looking to establish or expand their presence. With its high visibility, steady traffic, and close proximity to major transportation routes, this Therapy/ Salon space is a rare opportunity in an increasingly sought-after location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sheraton Parsippany Hotel Hotel Envy Sports Club ... Gym TMJ Surgery Mini ... Dentist North Jersey Aquatic ... Swimming School

    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
    Parsippany
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4122472
    Latitude
    40.8617544

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    FAQs

    What type of property is this?
    Retail space - Prime 800 SF therapy/salon space within Envy Sports Club.
    Where is this retail space located?
    The property is located at 199 Smith Rd Parsippany, NJ.
    What is the lease rate?
    The lease rate is $0.05 SF/Yr.
    What are key features of this property?
    This property features: - Prime location within the Envy Sports Club and Pools, Resort Health Club, ensuring high visibility and foot traffic.; - Access to a constant stream of potential clients from the hotel and fitness center guests.; - Features a guest meeting area, 3 therapy rooms, and a waiting area.
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    Parsippany, NJ 07054
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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
    199 Smith Rd Parsippany, NJ 07054
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