Technical
Financial
Distress signals
Property profile

575 Corporate Dr Mahwah, NJ 07430

FOR LEASE
Other industrial properties
Property ID
US59-2110467
10.08 ac lot Built 1986
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a 144,570-square-foot multi-use commercial building configured to support office, warehouse, and storage uses, with approximately 24-foot clear ceilings throughout. It includes a mix of tenant suites and warehouse areas, including a 5,939-square-foot office/medical suite (Suite 102), a 4,346-square-foot warehouse unit (Unit 101), additional suites of 2,833 square feet (Suite 3205) and 3,365 square feet (Suite 4205), as well as a 2,398-square-foot second-floor suite (Suite 540). The building is positioned with convenient access to Route 17, US-202, I-287, and I-87.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Lot 10.08 ac (439,085 SF)
APN 33 00137-0000-00011
UPID US59-2110467

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Department Store
  • Auto Parts Store
  • Freight Service Logistics Company
  • Roofing Company General Contractor
  • Medical Clinic

Location

575 Corporate Dr Mahwah, NJ 07430
Mahwah metro Census 32103 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2023
3 recorded transactions
2023
$8.9M
2016
$7.2M
2013
$9.5M

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