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645 Industrial Rd Carlstadt, NJ 07072-1611

OFF-MARKET Industrial properties Google Maps
9,600 SF 0.3 ac lot Built 1950
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.48M
Range $1.33M – $1.63M (±10%)
Property ID US59-1882509

Property summary

AI-generated overview

This exceptional 9,600-square-foot freestanding industrial building presents a unique opportunity in Carlstadt, New Jersey. Situated on a 0.3-acre lot at 645 Industrial Road, 07072, this Class B property offers versatile space suitable for manufacturing, flex, warehouse, distribution, or R&D uses. The building features a single tenancy, providing ample space for a single occupant. High ceilings at 20 feet provide excellent vertical clearance for storage or equipment. Access is convenient with two drive-in doors for easy loading and unloading. Ample parking is available with 15 spaces on-site. The property is zoned for Light Industrial use, ensuring compliance with various business operations. Its prime location in the Meadowlands offers exceptional access to major transportation arteries, including Routes 3, 17, I-80, and the New Jersey Turnpike, facilitating efficient logistics and distribution. This is an ideal opportunity for businesses seeking a well-located, functional, and versatile industrial space in a thriving area. The property is ready for immediate occupancy.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1950
Construction CONCRETE BLOCKS
Total area 9,600 SF
Lot 0.3 ac (13,068 SF)
APN 05 00003-0000-00007
UPID US59-1882509

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.50M
CAP Approach CAP
$1.66M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.48M

Owner & transaction history

since 2021
Last sale
$1.2M
7 recorded transactions
2021
Price N/A
2021
$1.2M
2018
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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