500 Corporate Dr, Mahwah, NJ 07430

This commercial property at 500 Corporate Drive in Mahwah, New Jersey, presents a unique opportunity for value enhancement through industrial outdoor storage (IOS). The property is strategically situated within the IP-120 zoning district, which is currently undergoing a pending amendment. This amendment is anticipated to permit IOS as a conditional use within the zone, positioning the site to potentially accommodate approximately 2.3 usable acres dedicated to such purposes upon its adoption.

For both owner-users and investors, this property offers significant embedded entitlement upside. Its location within one of Northwest Bergen County's most connected industrial corridors provides excellent access to major transportation arteries. Proximity to Route 17, I-287, and I-87 corridors facilitates efficient logistics and distribution networks, making it an attractive site for businesses requiring robust connectivity.

Further enhancing its strategic value, the property is conveniently located near key New York City gateways, Newark Liberty International Airport, and other critical freight hubs. This accessibility is vital for companies involved in manufacturing, distribution, and logistics, offering a competitive advantage in reaching regional and national markets. The potential for developing approximately 2.3 usable IOS acres represents a substantial redevelopment opportunity.

Built in 1977, this Class B industrial park property is zoned IP-120 and is currently under single tenancy. The potential for industrial outdoor storage, coupled with its prime location and the anticipated zoning changes, makes 500 Corporate Drive a compelling prospect for those seeking to capitalize on emerging industrial land uses and strategic logistical advantages in the Mahwah area.