Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    400 Midland Ave Saddle Brook, NJ 07663
    Back to Search
    Property profile & analytics

    400 Midland Ave, Saddle Brook, NJ 07663

    View on Map
    • Industrial properties
    • 61,802 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 400 Midland Ave

    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 61,802-square-foot flex space industrial building is ideally situated at 400 N. Midland Avenue in Saddle Brook, New Jersey. Boasting a prime location less than a mile from Route 80 and the Garden State Parkway, this single-tenant property offers unparalleled accessibility. The building features a generous 2.5-acre lot, providing ample parking significantly exceeding the submarket average. Inside, discover a functional layout including 4,000 square feet of office space, complemented by a high clearance warehouse area with 16' and 20' ceilings. The property benefits from a recently completed new roof, five loading docks for efficient operations, and robust 400-amp power. The warehouse features a column spacing of 30' x 30', maximizing flexibility and usability. This property presents a rare opportunity to acquire a well-maintained, strategically located industrial building in Bergen County, offering significant potential for a variety of businesses. The entire 61,802 square feet is currently vacant and ready for immediate occupancy. The property's size, location, and features make it an attractive option for businesses seeking a modern and efficient workspace in a highly desirable area of New Jersey. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Saddle Brook
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1078
    Latitude
    40.9107

    Comparable in this City

    • Value Estimation by Request
      164,500 SF

      575 Midland Ave

      Life science properties
      575 Midland Ave, Saddle Brook, NJ 07663
      View Details
    • Value Estimation by Request
      2.33 Acres

      100 Mayhill St

      INDUSTRIAL (GENERAL)
      100 Mayhill St, Saddle Brook, NJ 07663-5412
      View Details
    • Value Estimation by Request
      2.41 Acres

      296 Midland Ave

      INDUSTRIAL (GENERAL)
      296 Midland Ave, Saddle Brook, NJ 07663-6348
      View Details
    • Value Estimation by Request
      5.87 Acres

      5 Sampson St

      INDUSTRIAL (GENERAL)
      5 Sampson St, Saddle Brook, NJ 07663-5911
      View Details
    • Value Estimation by Request
      0.48 Acres

      431 Midland Ave

      INDUSTRIAL (GENERAL)
      431 Midland Ave, Saddle Brook, NJ 07663-5522
      View Details
    • Value Estimation
      $5,595,000
      1.66 Acres

      535 Midland Ave

      INDUSTRIAL (GENERAL)
      535 Midland Ave, Saddle Brook, NJ 07663-5505
      View Details

    Similar Nearby for Sale

    • $674,999
      Pending

      Two-Family Home with Expansion Potential

      Charming two-family home in Saddle Brook Twp., NJ.
      345 4Th St, Saddle Brook, NJ 07663
      View Details
    • Contact for pricing

      Auto Repair Shop For Sale

      Active auto repair shop with equipment in high-visibility location.
      345 10Th St, Saddle Brook, NJ 07663
      View Details
    • Contact for pricing

      Medical/Professional Office Condo For Sale

      Well-maintained office condo with excellent exposure and convenient location.
      289 Market St, Saddle Brook, NJ 07663
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      Saddle Brook

      Discover many ways to work your way in 445 Park Avenue
      250 Pehle Ave, Saddle Brook, NJ 07663
      View Details
    • Contact for pricing

      Saddle Brook Industrial Units

      Industrial units for lease in Saddle Brook, New Jersey.
      280 N Midland Ave, Saddle Brook, NJ 07663
      View Details
    • Contact for pricing

      Saddle Brook Industrial Space

      Industrial property in Saddle Brook, NJ with units available for rent.
      280 N Midland Ave, Saddle Brook, NJ 07663
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    400 Midland Ave
    Saddle Brook, NJ 07663
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    400 Midland Ave, Saddle Brook, NJ, 07663
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!