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Property profile & analytics
OFF-MARKET
Office Spaces

180 Parsippany Rd Parsippany, NJ 07054-4708

2,320 SF 0.03 ac lot
Individually Owned 9-yr Hold Free & Clear
Property ID
US59-1078158
Property summary
AI-generated overview

This exceptional 1,100-square-foot retail space is perfectly situated for immediate occupancy. Located on a 0.27-acre lot, this single-tenant property boasts a newly renovated interior (2024), offering a "vanilla box" finish ready for your business's unique design and build-out. The building is a single-story structure, part of a larger complex providing ample parking with 100+ spaces available. Previously approved for use as a pizzeria, this versatile space presents endless possibilities for a variety of retail businesses. The property's convenient location ensures high visibility and accessibility for customers. The complete renovation, resulting from a prior fire, ensures a modern and safe environment for your business operations. This is a fantastic opportunity to establish your presence in a thriving commercial area with a significant parking advantage. The "vanilla box" condition allows for complete customization to perfectly match your business needs and brand identity. Don't miss this chance to secure this prime retail space. Act quickly, as opportunities like this are rare.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Total area 2,320 SF
Lot 0.03 ac (1,176 SF)
Zoning code B-3
APN 29 00387-0000-00001- 12
UPID US59-1078158
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
  • Parsippany - Personal Training - Kettlebells Gym & Fitness Center
  • Sunburst Solar Store Production Facility
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
Antonietta Cardone · 9 yrs held
Antonietta Cardone
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
B-3 · Parsippany, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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