This exceptional Class A warehouse, located at 299 Jefferson Road in Parsippany-Troy Hills, New Jersey, offers 106,400 square feet of modern industrial space. Built in 2025, the property boasts a 36-foot ceiling height, providing ample vertical storage capacity. The building features 14 loading docks and 2 drive-in doors for efficient loading and unloading operations. A robust 2000-amp power supply ensures sufficient energy for demanding industrial applications. The single-tenant occupancy provides a streamlined and efficient operational environment. Strategically situated less than one mile from major transportation arteries, including I-287, I-80, and Route 46, this location offers unparalleled access to regional and national transportation networks. The property is situated within a mature business park, surrounded by established corporate and industrial neighbors, providing a strong and stable business environment. The property also benefits from a readily available skilled labor pool. Divisions of the space may be considered. Separate driveways for cars and trucks enhance operational efficiency and safety, and a 130-foot truck court provides ample maneuvering space. The property's zip code is 07054.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$29,673,618
Hospitality
$27,180,874
Educational
$22,614,168
Medical
$23,391,904
Retail
$35,177,596
Location Insight
City
Parsippany
County
Morris
State
New Jersey
Latitude
40.855
Longitude
-74.4142
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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