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Property profile & analytics
OFF-MARKET Estimated value $625,000
Industrial properties

300 The American Rd Morris Plains, NJ 07950-2460

7.76 ac lot Built 1995
Entity Owned 18-yr Hold Free & Clear
Property ID
US59-1419565
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1995
Lot 7.76 ac (337,851 SF)
Zoning code I
APN 23 00011-0000-00001- 03
UPID US59-1419565
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
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$625k
Owner & transaction history
Wu Of Lh 300 American LLC · 18 yrs held
Wu Of Lh 300 American LLC
since 2008
5 recorded transactions
2018
Price N/A
2008
$8.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I · Morris Plains, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Helistops. Notwithstanding any other, provisions of this chapter, a private helistop shall be permitted as an accessory use in the L-1 and L-2 Research Laboratory Zone and the I Limited Industrial Zone, but not in any portion of an overlay zone intended for hotels and other specified uses, subject to the determination by the Planning Board that all of the fo…

Zone name Limited Industrial
General category INDUSTRIAL
Zone area 79.05 ac
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