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    3 Wing Dr Cedar Knolls, NJ 07927

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    3 Wing Dr Cedar Knolls, NJ 07927


    • Office buildings
    • 65,400 SF
    • 5.46 lot acres
    Move-In Ready Office Suites For Lease
    $9,230,000
    65,400 SF

    Move-In Ready Office Suites

    Well-appointed office suites in Cedar Knolls for lease.

    3 Wing Dr, Cedar Knolls, NJ 7927
    View Listing
    Property ID
    US59-0471938
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Schraft's 2.0 / Pharmacy
    • Netline Corporation / Business Management Consultant
    • Pixel / (Bike/Boat/Book/etc) Store / Corporate Office
    • Panurgy IT Solutions / Tech Support Center / IT Consulting Firm
    • Giblin Combs Cunningham & Masone / Law Firm

    Property Details for 3 Wing Dr

    Year built
    1980
    Lot size
    5.46 lot acres
    Property size
    65,400 SF
    Zone code
    IP
    Property type
    Office buildings
    APN
    12 01101-0000-00009
    APU
    1201101000000009

    Description

    This exceptional 5,327 square foot office suite, available September 1st, 2024, is located in a prestigious Cedar Knolls address with convenient access to major highways. The space features a sophisticated double glass door entry, a modern LVT reception area, four private perimeter offices, and two sizable conference rooms. A spacious eat-in kitchen and dedicated IT room add to the functionality. A large open bullpen area is ideal for cubicles, offering flexibility for various team configurations. The suite is fully built-out as a professional services office and is in excellent condition. Tenants are responsible for electricity usage. The building itself is a Class B, two-story structure built in 1980, encompassing 65,400 square feet. It offers ample natural light, drop ceilings, central heating and air conditioning, and a generous 328 surface parking spaces. The building is managed by a reputable Morris County landlord. The lease rate is $17.00 per square foot per year. This property presents a turnkey solution for businesses seeking a high-quality, well-appointed office space in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,093,000
      Market price range: $11.1M - $17.4M
      AI Estimate
      $8,037,000
      Market price range: $6.67M - $16.2M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $13,695,000
      Current use
      INDUSTRIAL (GENERAL)
      $11,690,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cedar Knolls
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4472
    Latitude
    40.8311
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $137,410
    $1,441,300
    $5,058,700
    $6,500,000
    -
    $1,441,300
    $5,058,700
    $6,500,000
    View Listing
    More about this property
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