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Property profile & analytics
OFF-MARKET
Commercial real estate

1 Cupsaw Dr Ringwood, NJ 07456-2311

1,628 SF 0.76 ac lot Built 1915
Entity Owned 8-yr Hold Free & Clear
Property ID
US59-2134212
Property summary
AI-generated overview

This unique commercial property, located at 1 Cupsaw Drive in Ringwood, NJ, presents a remarkable opportunity for a variety of businesses seeking a picturesque setting. Situated in the heart of Cupsaw Lake, this property offers a flexible layout, allowing for customization to suit diverse needs. The space can be configured as a retail store, storage facility, artist studio, office space, workshop, or any combination thereof. The size of the space is adaptable to the specific requirements of the tenant, providing significant flexibility in terms of square footage. The property's location within the desirable Cupsaw Lake community offers a tranquil environment while maintaining convenient access to local amenities and transportation routes. This presents a rare chance to establish a business in a highly sought-after location with a built-in customer base drawn to the area's natural beauty and recreational opportunities. The property is being offered as-is, and the potential tenant is responsible for determining the appropriate size and configuration to meet their business needs. Serious inquiries are encouraged to explore the possibilities and envision the potential of this exceptional commercial property. The property is situated on a lot with zero acres. Further details regarding lease terms and customization options are available upon request. Don't miss this chance to secure a prime commercial space in a stunning lakeside setting.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1915
Construction BRICK
Total area 1,628 SF
Lot 0.76 ac (32,931 SF)
Zoning code NB15
APN 11 00924-0000-00001
UPID US59-2134212
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
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
One Cupsaw Associates LLC · 8 yrs held
One Cupsaw Associates LLC
since 2018
3 recorded transactions
2018
$650,000
2017
Price N/A
1969
Price N/A
Zoning & alternative use
NB15 · Ringwood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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