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Property profile & analytics
FOR SALE
Industrial properties

500 Corporate Dr Mahwah, NJ 07430

5.7 ac lot Built 1978
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-0103133
Property summary
AI-generated overview

This exceptional 38,500-square-foot industrial property, located at 500 Corporate Drive in Mahwah, New Jersey, presents a unique investment opportunity. Situated on a 5.7-acre lot within the IP120 (Industrial Park) zoning district of Bergen County, this two-story building boasts a blend of warehouse and flex space, ideal for a variety of uses. The warehouse area encompasses 15,500 square feet, featuring a generous 16-foot ceiling height, three tailgates, and one drive-in door. An additional 10,500 square feet of flexible assembly space complements the warehouse, offering versatility for diverse operational needs. The property also includes 12,500 square feet of office space, providing ample room for administrative functions. The building features 30' x 30' column spacing and 65 parking spaces for employee and visitor convenience. Constructed in 1977, this well-maintained property offers significant potential. Annual real estate taxes are $64,870.75. The second floor offers approximately 11-foot ceiling heights. This property is zoned IP120 and presents a compelling opportunity for businesses seeking a strategic location in Northern New Jersey. The combination of warehouse, flex, and office space makes this a highly versatile and attractive property.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1978
Lot 5.7 ac (248,292 SF)
APN 33 00136-0000-00010
UPID US59-0103133
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
  • Global Soft Digital Solutions Marketing & Advertising Printing Service
  • Digital Lizard Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.03M
Owner & transaction history
500 Corporate Drive LLC · 3 yrs held
500 Corporate Drive LLC
since 2022
Last sale
$6.7M
7 recorded transactions
2022
$6.7M
2011
$3.3M
2009
Price N/A
2007
$3.6M
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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