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Property profile & analytics
FOR LEASE
Industrial properties
350 Clark Dr Mount Olive, NJ 07828
Entity Owned
10-yr Hold
Free & Clear
Property ID
US59-0014739
For Lease
$35,905,000
350 Clark Dr, Mount Olive, NJ 07828
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
412,816 SF
Lot
40.48 ac (1,763,309 SF)
Zoning code
FTZ2
APN
27 00102-0000-00011- 02
UPID
US59-0014739
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
-
Symbiotic Research Association / Organization
-
Owens & Minor Logistics Warehouse & Storage
-
DKSH North America, Inc. Business To Business Service
-
Infotier Printing Service (Bike/Boat/Book/etc) Store
-
TPC The Promotion Company LLC Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$35.91M
Owner & transaction history
Crg 1725 LLC · 10 yrs held
Crg 1725 LLC
since 2016
5 recorded transactions
Zoning & alternative use
FTZ2 · Budd Lake, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mount Olive submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Olive submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$653,800
Tax year 2022
Assessed value
$20,000,000
Assessed 2023
Previous assessed
$20,000,000
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$9,000,000
Assessed improvement
$11,000,000
Land market value
$9,000,000
Improvement market value
$11,000,000
Total market value
$20,000,000
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2000
Heating
NONE
Total area
412,816 SF
Lot
40.48 ac (1,763,309 SF)
Zoning code
FTZ2
APN
27 00102-0000-00011- 02
UPID
US59-0014739
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
FTZ2 · Budd Lake, NJ
Zoning FTZ2 · permitted uses
FTZ2 · Budd Lake, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Budd Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Lot
40.48 ac
Current owner
From public records · entity-resolved
Crg 1725 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
119 LITTLETON RD, PARSIPPANY, NJ 07054-1849
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2016
$27,125,000
Crg 1725 LLC
350 Clark Drive LLC
Deed
—
May 8, 2007
$27,000,000
350 Clark Drive LLC
Coty Prestige LLC
Bargain And Sale Deed
$25,900,000 · Banco Popular North America
Jul 14, 2005
$34,000,000
Lancaster Group Us LLC
Conopco INC
Grant Deed
—
—
—
350 Clark Drive LLC
—
Deed Of Trust
related
$18,900,000 · Banco Popular NA
—
—
Crg 1725 LLC
—
Deed Of Trust
related
$28,500,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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