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    111 Maltese Dr Totowa, NJ 07512

    Industrial properties Google Maps
    30,959 SF 4.6 ac lot Built 1970
    Entity Owned 2-yr Hold ~ Est. High Equity
    111 Maltese Dr, Totowa, NJ 07512 For Lease
    Contact for pricing 30,959 SF available
    111 Maltese Dr, Totowa, NJ 07512
    View Listing →
    Estimated value (blended)
    $13.68M
    Range $12.31M – $15.05M (±10%)
    Property ID US59-1804804

    Property summary

    AI-generated overview

    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 profile

    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1970
    Total area 30,959 SF
    Lot 4.6 ac (200,376 SF)
    APN 12 00170- 02-00009
    UPID US59-1804804

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $13.68M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $13.68M

    Owner & transaction history

    since 2024
    Last sale
    $13.7M
    7 recorded transactions
    2024
    $13.7M
    2023
    Price N/A
    2022
    Price N/A
    2022
    Price N/A
    2020
    Price N/A
    2018
    Price N/A
    2017
    $4.1M

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

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    • Value Estimation
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      View Details
    • Value Estimation
      $4,840,000
      53,322 SF
      50 Furler St
      INDUSTRIAL (GENERAL)
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      View Details

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    • New
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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