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Property profile & analytics
FOR LEASE
Super regional malls

540 County Road 519 Belvidere, NJ 07823

1.46 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-1202264
Property summary
AI-generated overview

This exceptional 10,000 square foot commercial property, located at 540 County Road 519, Belvidere, NJ 07823, presents a unique investment opportunity. Situated on County Road 519 and near State Route 46, this two-story building offers a blend of retail and office space, perfect for a variety of businesses. The property features 11 suites, with 3,600 square feet currently vacant, offering immediate occupancy potential. Suite sizes range from a minimum of 1,000 square feet to a maximum of 1,512 square feet, providing flexibility for various tenant needs. The ground floor boasts attractive retail storefront space, while the second floor offers larger office spaces, some featuring private offices and ample natural light. One second-floor space includes a large open area, a sizable corner private office (14x14 feet), and beautiful round windows. All second-floor spaces include two restrooms. The building has 30 total parking spaces. The property is zoned C-C and has a tax cost per square foot of $5.25. Lease terms are flexible, ranging from one to five years, with the landlord willing to negotiate tenant improvements based on lease length. The landlord will provide a broom-clean delivery for the spaces. This property is an excellent opportunity for businesses seeking a well-located, versatile space in a thriving community. Contact us today to learn more about this exceptional offering.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Lot 1.46 ac (63,598 SF)
APN 23 00043-0000-00006
UPID US59-1202264
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
  • Crossroads Chiropractic Clinic: Dennis Melillo DC Alternative Medicine Practice
  • Hairs to You Hair Salon
  • Big Red LTL Transport Inc Trucking Company
  • Crossroads Chiropractic Clinic Physician
  • Valley Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Desapio Properties 5 LLC · 9 yrs held
Desapio Properties 5 LLC
since 2016
5 recorded transactions
2016
Price N/A
2016
Price N/A
1969
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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