You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

490 E Main St Denville, NJ 07834

Super regional malls Google Maps
10,902 SF 1.25 ac lot Built 1989
Entity Owned 15-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.58M
Range $1.42M – $1.73M (±10%)
Property ID US59-1407065

Property summary

AI-generated overview

This exceptional 10,580 square foot multi-tenant property, located at 490 E Main St in Morris County, offers a fantastic opportunity for retail and medical businesses. The building features two suites, with 2,800 square feet currently vacant and divisible into spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 1,600 square feet. The flexibility allows for businesses of various sizes to find the perfect fit. The property boasts ample parking with 54 spaces available for tenants and their clients. The strategic location between Route 10 and Route 46 ensures high visibility and easy accessibility for customers and employees, benefiting from significant traffic flow on both major roadways. The available spaces are adaptable and can be vented to accommodate a range of uses, making them ideal for medical practices or other retail businesses requiring specific ventilation systems. This property presents a rare chance to secure a well-situated space in a thriving Morris County location. The building's convenient access and flexible space options make it an attractive proposition for businesses seeking a prominent presence in a high-traffic area. Don't miss this opportunity to establish your business in this desirable location.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1989
Total area 10,902 SF
Lot 1.25 ac (54,319 SF)
Zoning code B-3
APN 08 31301-0000-00004
UPID US59-1407065

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.58M

Owner & transaction history

since 2011
2 recorded transactions
2011
$850,000
1969
Price N/A

Zoning & alternative use

B-3 · Denville, NJ

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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message