Property profile

301 Mayhill St Saddle Brook, NJ 07663

FOR LEASE
Industrial properties
Property ID
US59-2461849
0.01 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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301 Mayhill St, Saddle Brook, NJ 07663 For Lease
Contact for pricing 200,000 SF available
301 Mayhill St, Saddle Brook, NJ 07663
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Property summary

AI-generated overview

This exceptional 200,000-square-foot warehouse, situated on a spacious 12.61-acre lot in Bergen County, presents a significant leasing opportunity. Built in 1970, the property boasts 14 loading docks and 4 drive-in doors, ensuring efficient loading and unloading operations. Ample parking is available with 149 car spaces and 33 trailer spaces. The warehouse features a substantial 8,000 square feet of office space, ideal for administrative functions. The building's specifications include a 30' x 40' column spacing, an impressive 18' clear ceiling height, and a robust power supply of 3,200 amps, 460/265 volts, 3-phase. A wet sprinkler system is in place throughout the building for fire protection. Further enhancing its functionality, the property includes two active rail doors, providing direct rail access for streamlined transportation. The 2023 property taxes are $2.94 per square foot, and operating expenses are $0.54 per square foot. This single-tenant warehouse offers a unique combination of size, features, and location, making it an ideal space for a variety of industrial businesses. The property is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.01 ac (545 SF)
APN 57 01008-0000-00005- 02
UPID US59-2461849

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Factory
  • Industrial Manufacturer Production Facility

Location

301 Mayhill St Saddle Brook, NJ 07663
Saddle Brook metro Census 52100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

since 2017
3 recorded transactions
2017
$25.4M
2013
$8.7M
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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