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    OFF-MARKET
    Industrial properties

    575 Corporate Dr, Mahwah, NJ 07430-2330

    10.08 ac lot Built 1986
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US59-2110467
    Property summary
    AI-generated overview

    This exceptional commercial property at 575 Corporate Drive offers a diverse range of immediately available spaces, totaling 12,475 square feet within a larger 144,570-square-foot building. The property features a mix of office, warehouse, and flex space to suit various business needs. Available units include a 2,218-square-foot office space (Unit 3100), a 1,035-square-foot storage unit (Unit 3103), which can be combined for a total of 3,253 square feet. A substantial 7,348-square-foot industrial/flex unit (Unit 401) is also available, comprising 4,995 square feet of warehouse space and 2,353 square feet of office space. Additionally, an 1,874-square-foot office space (Unit 4202) is ready for immediate occupancy. The building boasts a 24-foot clear ceiling height throughout, providing ample vertical space. Conveniently located with easy highway access to Route 17, US-202, I-287, and I-87, this property benefits from excellent transportation links. Nearby amenities include retail shops and restaurants, enhancing the convenience for employees and clients. Public transportation options are also readily available, with NJ Transit rail service from Mahwah station and Short Line Bus service to the Port Authority Bus Terminal. This is a rare opportunity to secure high-quality commercial space in a desirable location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1986
    Lot 10.08 ac (439,085 SF)
    APN 33 00137-0000-00011
    UPID US59-2110467
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CoolBLUE Inductive Absorbers Department Store
    • Metrix Premium Chassis Parts Auto Parts Store
    • Celtic Speed Motorsports Freight Service Logistics Company
    • Infinity Roofing Roofing Company General Contractor
    • Forge Health Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Yahuda Zisapel Properties INC · 3 yrs held
    Yahuda Zisapel Properties INC
    since 2023
    3 recorded transactions
    2023
    $8.9M
    2016
    $7.2M
    2013
    $9.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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