Property profile

505 Mola Blvd Elmwood Park, NJ 07407

OFF-MARKET
Industrial properties
Property ID
US59-1294016
10,836 SF 0.46 ac lot Built 1945
Individually Owned 37-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1945
Construction CONCRETE BLOCKS
Total area 10,836 SF
Lot 0.46 ac (19,994 SF)
APN 11 01407-0000-00012
UPID US59-1294016

Cap rate & NOI

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

Location

505 Mola Blvd Elmwood Park, NJ 07407-2042
Elmwood Park metro Census 11400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.87M
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$1.98M

Owner & transaction history

since 1989
Last sale
$2.2M
1 recorded transaction
1989
$600,000

Zoning & alternative use

Top alternative use upside
Office building $2.6M +7.9%

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
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