401 Meadow Ln Carlstadt, NJ 07072
- Industrial properties
- 11,496 SF
- 0.49 lot acres
Current Use by Public Records
- Homping USA / Electrical Appliance Wholesaler / Outdoor Sports Store
- BMB International, LLC / Marketing Agency
Property Details for 401 Meadow Ln
- Year built
- 1970
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.49 lot acres
- Property size
- 11,496 SF
- Property type
- Industrial properties
- APN
- 05 00130-0000-00007-0000-HM
- APU
- 05001300000000070000HM
Description
This exceptional 11,735-square-foot warehouse, situated in the Meadowlands submarket, presents a unique leasing opportunity. Completely renovated in 2024, this single-tenant property boasts a modern and efficient layout. The building features a 14-foot clear ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by two loading docks and one drive-in door. The property also includes six parking spaces for convenient access. Recent upgrades include a new roof, polished concrete floors, LED lighting, a new 400-amp, 480-volt electrical service, new HVAC units in the office space, and updated bathrooms. The 1,545 square-foot office space is a significant addition, offering comfortable and functional administrative areas. The property sits on a 0.488-acre lot. Utilities are serviced by PSEG (electric and gas), Veolia (water), and Bergen County (sewer). Annual property taxes are $3.14 per square foot. This meticulously renovated warehouse is ready for immediate occupancy and offers a prime location in the thriving Meadowlands area. The property is currently vacant and available for lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,440,000
- 6.5%
- $2,290,000
- 7%
- $2,660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,205,000
- Geo Method
- $2,295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,280,000
- Retail
- $2,395,000
- Mixed-Use
- $2,940,000
- Hospitality
- $2,795,000
- Educational
- $2,900,000
- Residential Income
- $2,300,000
- Energy
- $2,460,000
- Income-Based Land
- $3,010,000
- Food Service
- $3,050,000
Location Insight
- Map
- Local Demand
- City
- Carlstadt
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0556
- Latitude
- 40.827
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
