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    Property profile & analytics
    OFF-MARKET Estimated value $9,115,000
    Industrial properties

    3 Pearl Ct, Allendale, NJ 07401-1657

    40,506 SF 3 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US59-0166655
    Property summary
    AI-generated overview

    This exceptional 9,500-square-foot flex space at 3 Pearl Court presents a unique opportunity for businesses seeking a versatile and strategically located industrial property. The single-tenant building offers a generous 3,000 square feet of office space, perfectly complementing the expansive 6,500 square feet of warehouse or production area. The high ceilings, measuring 20 feet, and wide column spacing of 42 feet by 50 feet provide ample room for various operational needs and efficient layout planning. Two convenient tailgates facilitate loading and unloading, streamlining logistics. Ample parking is available with 19 designated spots. The property boasts significant power capacity at 400 amps, ensuring sufficient energy for demanding operations. Further enhancing its appeal, the building is fully air-conditioned for optimal comfort and productivity, and includes a backup generator for uninterrupted operations. Its prime location directly off Route 17 offers unparalleled accessibility and visibility, making it an ideal choice for businesses seeking a high-performing and well-equipped industrial space.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Total area 40,506 SF
    Lot 3 ac (130,680 SF)
    APN 01 00601-0000-00004- 01
    UPID US59-0166655
    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
    • WAB US Corp. Corporate Office
    • FedEx Drop Box Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.12M
    CAP Approach CAP
    $7.00M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $9.12M
    Owner & transaction history
    Fivf III Nj3 LLC · 2 yrs held
    Fivf III Nj3 LLC
    since 2024
    Last sale
    $9.1M
    3 recorded transactions
    2024
    $9.1M
    2018
    $50.6M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $13.3M +46.7%
    Commercial (general) $11.9M +30.7%
    Office building $9.8M +7.9%
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