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Property profile & analytics
FOR LEASE
Commercial real estate

3 Tice Rd Franklin Lakes, NJ 07417

19,598 SF 1.27 ac lot Built 1975
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US59-0107400
Property summary
AI-generated overview

This exceptional 2,741 square foot executive office suite is located on the second floor of The Blackinn Building at 3 Tice Road, Franklin Lakes, New Jersey, 07417. The single-tenant space boasts ample natural light and a flexible layout, perfect for a growing business. Situated in Bergen County, this property offers a professional and comfortable work environment. The building does not have elevators. Convenient access to major highways and local amenities makes this location highly desirable. On-site parking is included, adding to the convenience and appeal of this property. The suite is currently vacant and ready for immediate occupancy. This is a unique opportunity to secure a well-appointed office space in a thriving New Jersey community. The address is easily accessible and provides a prestigious business address. The modern amenities and bright, spacious layout create an ideal setting for productivity and professional success. The property's location offers easy commuting for employees and clients alike. This is an excellent opportunity for a business seeking a high-quality, well-located office space in a desirable area. The 2741 square feet provides ample room for various business needs and configurations. The single-tenant occupancy ensures privacy and control over the workspace.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Total area 19,598 SF
Lot 1.27 ac (55,321 SF)
Zoning code I-2
APN 20 01517-0000-00001
UPID US59-0107400
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
  • Brookside Design Distribution Center Logistics Company
  • Silver Strong & Associates - Thoughtful Education Press Training Center
  • Zzipco General Contractor Construction Company
  • Franklin Solar Panels Equipment And Installation Company Production Facility
  • RMJR Tax and Accounting Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.49M
Owner & transaction history
3 Tice Road LLC · 15 yrs held
3 Tice Road LLC
since 2010
5 recorded transactions
2024
Price N/A
2024
Price N/A
2010
$1.8M
2006
$1.7M
1969
Price N/A
Zoning & alternative use
I-2 · Franklin Lakes, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-2 Industrial District. [Amended 11-1-2011 by Ord. No. 1530 ] A. The purpose of the I-2 Industrial District is to allow for a limited number of light industrial and related uses, which will be designed and integrated into the community to minimize any adverse impacts on the overall residential character of the Borough. B. The principal permitted uses allowe…

Zone name Industrial 2
General category INDUSTRIAL
Zone area 23.29 ac
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