500 Corporate Dr Mahwah, NJ 07430
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.