Property summary
This exceptional 4,100 square foot retail space, located at 623 West Mount Pleasant Avenue in Essex County, presents a unique investment opportunity. Previously a bank, the property boasts substantial build quality, including ample power and a robust HVAC system. The high ceilings, reaching up to 18 feet in some areas, create a dramatic and versatile space ideal for a variety of retail or medical uses. The building's design offers significant flexibility for tenant build-out and… customization. With abundant parking, exceeding 5 spaces per 1,000 square feet, customer and employee convenience is ensured. The single-tenant occupancy provides a streamlined and efficient operational environment. The property is currently vacant, offering immediate possession for a new tenant. This is a rare chance to acquire a well-constructed, spacious retail property in a desirable Essex County location. The ample parking and high ceilings make this space particularly attractive for businesses requiring significant square footage and convenient access. The property's former use as a bank speaks to its structural integrity and suitability for a range of commercial applications. Serious inquiries are encouraged to explore this exceptional opportunity further.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 12 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,623 SF
- Lot area
- 0.36 ac
- Stories
- 1
- APN
- 10 06001-0000-00007
- Zoning
- B-1
- Assessed value · 2023
- $987,500
- Annual tax · 2022
- $23,038
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
RIAO Inclusionary Adult Residential Overlay District. § 170-106.2 RIAO-2 Residential Inclusionary Adult Overlay District - 2. § 170-107 B Central Business District. § 170-107.1 MU-1 Mixed-Use Overlay District. § 170-108…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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