Technical
Financial
Distress signals
Property profile

704 Grand Ave Ridgefield, NJ 07657

OFF-MARKET
Industrial properties
Property ID
US59-1094054
78,504 SF 1.59 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction TYPE NOT SPECIFIED
Total area 78,504 SF
Lot 1.59 ac (69,474 SF)
APN 49 01102-0000-00002
UPID US59-1094054

Cap rate & NOI

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

Location

704 Grand Ave Ridgefield, NJ 07657
Ridgefield metro Census 45200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.86M
CAP Approach CAP
$13.56M
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.06M

Owner & transaction history

since 2021
Last sale
$10.6M
3 recorded transactions
2021
$10.6M
2021
$6.0M
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $19.0M +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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