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    111 Maltese Dr Totowa, NJ 07512

    Sponsored
    For Lease
    Contact for pricing

    30,959 SF Flex Space; Q4 2024 Availability

    Lot size:
    30,959 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 30,959-square-foot industrial flex building, situated on a generous 4.6-acre lot in Passaic County, presents a unique opportunity. Boasting a 23-foot ceiling height, this single-tenant space is ideal for a variety of uses. The property features one drive-in door, complemented by ample parking with 43 auto spaces and additional trailer parking. The building includes 26 tailgates and a fully sprinklered system (wet). A significant advantage is the inclusion of air-conditioned office space, enhancing functionality and comfort. Construction is currently underway, with occupancy anticipated in the fourth quarter of 2024. The I-3 zoning provides flexibility for various business operations. Its strategic location offers easy access to major transportation arteries, including Routes 80, 23, and US-46, ensuring seamless logistics and convenient commutes. Lease rates are available upon inquiry. Don't miss this chance to secure a prime industrial space in a highly desirable location. Contact us today to learn more about this exceptional property and its potential.

    Property Features for 111 Maltese Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,959 SF

    Unit(s) available at that property

    Space
    Size
    30,959 SF

    HighLights

    • 30,959 SF industrial flex building on 4.6 acres in Passaic County.
    • 23' ceiling height.
    • One drive‑in door, 43 auto parking spaces, and ample trailer parking.
    • Wet sprinkler system and air‑conditioned office space.
    • I‑3 zoning; convenient access to Routes 80, 23, and US‑46.
    • Available Q4 2024; lease rate upon inquiry.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Totowa
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2436777
    Latitude
    40.9017651

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    FAQs

    What type of property is this?
    Flex space - 30,959 SF Flex Space; Q4 2024 Availability
    Where is this flex space located?
    The property is located at 111 Maltese Dr Totowa, NJ.
    What are key features of this property?
    This property features: 30,959 SF industrial flex building on 4.6 acres in Passaic County.; 23' ceiling height.; One drive-in door, 43 auto parking spaces, and ample trailer parking.
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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
    111 Maltese Dr Totowa, NJ 07512
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