855 Valley RdClifton, NJ 07013
- Office properties
- 2.09 AC
Property Details for 855 Valley Rd
- Year built
- 1983
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.09 AC
- Zone code
- B-D
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 02 00044- 10-00039
- APU
- 2000441000039
Description
This exceptional 63,000 square foot medical office building in Clifton, New Jersey, offers a variety of leasing options. Located in Passaic County at 855 Valley Road, zip code 07013, this multi-tenant property currently has 22,742 square feet of vacant space. Flexible floor plans cater to diverse needs, with available suites ranging from 4,877 to 21,000 square feet. First-floor suites include 4,877 and 7,483 square foot options, combinable for a total of 12,360 square feet. Second-floor suites offer 4,883 and 5,499 square foot spaces, combinable for 10,382 square feet. The 4,883 square foot suite is further divisible into 1,787 and 3,096 square foot units. The entire third floor comprises 21,000 square feet, divisible from 5,000 square feet. Build-to-suit options for 43,742 square feet are also available. Spaces are adaptable to tenant requirements, with renovations provided to meet specific needs. The building provides dedicated covered parking for medical professionals. This property presents a unique opportunity for medical practices seeking flexible and modern office space in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $15,015,755
- 6.5%
- $13,860,697
- 7%
- $12,870,647
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,866,933
- Geo Method
- $11,866,933
-
Alternative Use
- Use
- Valuation
- Residential
- $17,187,264
- Hospitality
- $15,743,441
- Educational
- $13,098,358
- Medical
- $13,548,831
- Retail
- $20,375,224
Location Insight
- City
- Clifton
- County
- Passaic
- State
- New Jersey
- Latitude
- 40.8717
- Longitude
- -74.1885
- 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
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