875 Bloomfield AveWest Caldwell, NJ 07006
- Super regional malls
- 17.90 AC
Property Details for 875 Bloomfield Ave
- Year built
- 1971
- Construction
- CONCRETE BLOCKS
- Lot size
- 17.90 AC
- Zone code
- B-2
- Property type
- Super regional malls
- APN
- 21 01504-0000-00001
- APU
- 2101504000000001
Description
This exceptional retail opportunity is located at 875 Bloomfield Avenue in West Caldwell, New Jersey, within the vibrant Essex Mall. The property offers a total of 189,773 square feet of retail and restaurant space, currently featuring multiple tenants. Four spaces are immediately available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,200 square feet. A total of 7,500 square feet is currently vacant and ready for immediate occupancy. The property boasts ample parking with 977 spaces available for customers and employees. Situated in Essex County, this prime location in West Caldwell (zip code 07006) offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's convenient location and substantial parking make it an attractive option for businesses seeking high foot traffic and easy access for customers. This is a fantastic opportunity to establish or expand your business in a thriving commercial center. Contact us today to learn more about leasing options and to schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $147,499,000
- 6.5%
- $136,153,000
- 7%
- $126,428,000
-
Comparable approach
- Method
- Valuation
- Relative Method
- $105,954,000
- Geo Method
- $105,954,000
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $265,511,000
- Mixed-Use / Specialty
- $135,667,000
- Hospitality / Lodging
- $99,534,900
- Office
- $134,861,000
- Institutional / Educational
- $141,039,000
- Residential Income
- $165,016,000
- Multifamily
- $197,911,000
- Automotive / Energy
- $120,891,000
- Parking / Income-Based Land
- $41,718,000
- Restaurant / Food Service
- $70,561,700
- Healthcare / Senior Housing
- $139,124,000
Location Insight
- City
- West Caldwell
- County
- Essex
- State
- New Jersey
- Latitude
- 40.8532
- Longitude
- -74.3005
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].