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Property profile & analytics
FOR LEASE
Industrial properties

216-220 Little Falls Rd Cedar Grove, NJ 07009

11.18 ac lot Built 1970
Individually Owned 14-yr Hold Free & Clear
Property ID
US59-1271590
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1970
Construction TYPE NOT SPECIFIED
Lot 11.18 ac (487,001 SF)
Zoning code M-2
APN 04 00201-0000-00251
UPID US59-1271590
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
$995k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$995k
Owner & transaction history
River Industrial Plaza Peckman · 14 yrs held
River Industrial Plaza Peckman
since 2011
3 recorded transactions
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-2 · Cedar Grove, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1 and M-2 Office/Warehouse Zones. It is the intent of these zones to provide for light manufacturing and warehouse uses while at the same time permitting development of professional and/or business offices, whether as accessory or principal uses. District standards for the height and size of buildings and the area and dimensions of yards and open spaces ar…

Zone name Office And Warehouse District
General category INDUSTRIAL
Zone area 133.71 ac
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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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