2 Dedrick PlWest Caldwell, NJ 07006

  • Industrial properties
  • 78,020 SF
For Lease

Property Details for 2 Dedrick Pl

Year built
1981
Construction
CONCRETE BLOCKS
Lot size
6.88 AC
Property size (Sq ft)
78,020 SF
Zone code
M-2
Property type
Industrial properties
Property subtype
Other industrial properties
APN
21 01500-0000-00011
APU
2101500000000011

Description

This exceptional 82,590-square-foot flex space property presents a unique investment opportunity. Situated on a 6.87-acre lot in Essex County, this single-tenant building offers a versatile layout ideal for various industrial uses. The property boasts 29,571 square feet of office space, complemented by a substantial 48,653-square-foot refrigerated warehouse, maintaining temperatures between 36° and 58°F. An additional 1,820 square feet of mezzanine warehouse space provides extra storage or operational area. The warehouse features a generous ceiling height of 27 feet and a column spacing of 40 feet by 40 feet, maximizing efficiency and flexibility. Loading is facilitated by 16 loading docks, ensuring smooth and efficient operations. Ample parking is available with 108 car spaces and 18 trailer spaces. The property enjoys a prime location just off Interstate 80 at Exit 52 and Route 46, within an established industrial park. This strategic location offers easy access to major transportation routes and places the property in close proximity to reputable corporate neighbors including Pella Windows, Toyota, Ricoh, Lohmann Therapy, and Vitaquest. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize and optimize the space to their specific needs. This is a rare opportunity to acquire a substantial, well-located industrial flex space property with significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,764,436
    Hospitality
    $13,524,144
    Educational
    $11,251,929
    Medical
    $11,638,900
    Retail
    $17,503,000
2 Dedrick Pl, West Caldwell, New Jersey

Location Insight

City
West Caldwell
County
Essex
State
New Jersey
Latitude
40.8566
Longitude
-74.2945
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$164,132
$2,164,100
$4,010,900
$6,175,000
-
$2,164,100
$4,010,900
$6,175,000

FAQs

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