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Property profile & analytics
FOR LEASE
Commercial real estate

168 Franklin Tpke Waldwick, NJ 07463

2.51 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US59-0037888
Property summary
AI-generated overview

This exceptional commercial property, located at 168 Franklin Turnpike in Waldwick, New Jersey, presents a unique investment opportunity. The property consists of a 0-acre lot, offering significant potential for various commercial ventures. Its strategic location on Franklin Turnpike provides excellent visibility and accessibility, making it an attractive site for businesses seeking high traffic exposure. The asking price is $1100, representing a compelling entry point into the Waldwick commercial real estate market. Given the scarcity of available land in this desirable location, this property is expected to attract considerable interest from developers and investors alike. The absence of existing structures allows for complete design flexibility, enabling the creation of a custom-built facility tailored to specific business needs. Further due diligence is recommended to explore the zoning regulations and development possibilities for this unique parcel. The property's address is confirmed as 168 Franklin Turnpike, Waldwick, NJ. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is classified as "Other" in terms of property type. This presents a blank canvas for a wide range of commercial development projects.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 2.51 ac (109,292 SF)
APN 64 00101-0000-00001- 02
UPID US59-0037888
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
Current use
Occupant on record · Public records
  • Cipher Seeker Escape Room Challenge Arcade & Gaming Center
  • Rickard Rehabilitation Services Inc Physician
  • Professional Physical Therapy Medical Clinic
  • Masters Institute of Music Vocational School Training Center
  • Renew Body Lab: Laser-Like Lipo Weight Loss Weight Loss Service
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
168 Franklin Concepts Corp · 11 yrs held
168 Franklin Concepts Corp
since 2015
3 recorded transactions
2015
$2.9M
2005
$4.1M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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