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Property profile & analytics
OFF-MARKET Estimated value $615,000
Industrial properties

371 Little Fls Rd Cedar Grove, NJ 07009-1250

2.03 ac lot Built 1978
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-0171113
Property summary
AI-generated overview

This exceptional Class A industrial flex space, located in the desirable Cedar Grove submarket of North Jersey, offers a rare opportunity for businesses seeking efficient and versatile accommodations. The property at 371 Little Falls Road boasts a total of 27,000 square feet across five suites, with 6,585 square feet currently vacant and immediately available. This single-story building features impressive 20-foot ceilings, providing ample vertical space for various operational needs. The space is divisible to a minimum of 5,000 square feet, and a maximum contiguous space of 6,585 square feet is available. Loading and unloading is facilitated by five loading docks and one convenient drive-in door. The property also includes a significant office component, with 1,720 square feet of finished office space included within the available 6,585 square feet. This combination of warehouse and office space makes it ideal for a variety of businesses requiring both storage and administrative areas. The property's location in the thriving North Jersey market offers excellent access to major transportation routes, ensuring seamless logistics and convenient commutes for employees. Don't miss this chance to secure a highly functional and strategically located industrial flex space in a sought-after area.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Construction FRAME
Lot 2.03 ac (88,427 SF)
Zoning code M-2
APN 04 00280-0000-00307
UPID US59-0171113
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
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k
Owner & transaction history
Dpe 371 Cedar Grove Associates
Dpe 371 Cedar Grove Associates
1 recorded transaction
1969
Price N/A
Zoning & alternative use
M-2 · Cedar Grove, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

M-1 and M-2 Office/Warehouse Zones. It is the intent of these zones to provide for light manufacturing and warehouse uses while at the same time permitting development of professional and/or business offices, whether as accessory or principal uses. District standards for the height and size of buildings and the area and dimensions of yards and open spaces ar…

Zone name Office And Warehouse District
General category INDUSTRIAL
Zone area 133.71 ac
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