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734 Grand Ave, Ridgefield, NJ 07657
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Property summary
AI-generated overview
This industrial property comprises an 11,500-square-foot Unit B within a 70,785-square-foot multi-tenant building, situated on a 2.7-acre site in Ridgefield, New Jersey. The unit is configured for industrial use and includes 830 square feet of office space, one interior tailgate, 16-foot clear ceilings, and a 20-by-20-foot column spacing layout. Building infrastructure supports logistics with multiple tailgate areas and truck access, and the site provides shared parking. Utilities include 3-phase electrical service rated at 200 amps and a wet sprinkler fire suppression system.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
BRICK
Total area
70,492 SF
Lot
1.66 ac (72,179 SF)
APN
49 01101-0000-00001
UPID
US59-0941752
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
-
HVAC Service
-
Big Box & Wholesale Store
-
Cafe & Coffee Shop
-
Vocational School Training Center
-
Gym & Fitness Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.26M
CAP Approach
CAP
$12.18M
Comparable Approach
Comparable
$13.18M
Blend (final)
Blend
$9.85M
Owner & transaction history
since 2021
Last sale
$8.0M
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Office building
$17.0M
+7.9%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.85M
Value range
$8.87M – $10.84M
±10% around blend
Estimated value / SF
$140 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
30
$8.87M
blend $9.85M
$10.84M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
70,492 SF
Lot area
1.66 ac
Stories
2
APN
49 01101-0000-00001
Assessed value
$8,851,800
Annual tax
$137,244
3
Income approach: direct capitalization
Partial preview
Income approach indication
$12.18M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$13.19M
@ 6.5% CAP return
$12.18M
@ 7% CAP return
$11.31M
4
Sales comparison
Partial preview
Sales approach indication
$16.30M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.5 mi away · 82,829 SF
21.7 mi away · 85,434 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 207 sales
$224
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $140/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+8%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
8.00%
Implied, in-place cap rate for this other industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.00%
9.0%
NOI (est.)
$560k *
Last sale · Apr 2021
$8.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.00M
Move the market yield to see immediate price impact.
Value / SF
$99
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.50%8.00%8.50%
$504k
$6.72M
$6.30M
$5.93M
$560k
$7.47M
$7.00M
$6.59M
$616k
$8.21M
$7.70M
$7.25M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$16.00M
13.4 mi · Mar 2026 · $240/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$137,244
Tax year 2022
Assessed value
$8,851,800
Assessed 2023
Previous assessed
$8,851,800
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,220,200
Assessed improvement
$7,631,600
Land market value
$1,220,200
Improvement market value
$7,631,600
Total market value
$8,851,800
Applied tax rate
49.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Construction
BRICK
Heating
NONE
Stories
2
Total area
70,492 SF
Lot
1.66 ac (72,179 SF)
APN
49 01101-0000-00001
UPID
US59-0941752
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
2
Lot
1.66 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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