Property profile

215 Ash St Delanco, NJ 08075

FOR SALE
Commercial real estate
Property ID
US59-2060679
0.95 ac lot Built 1920
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This unique 7,000 square foot industrial property in Delanco, NJ, presents a rare opportunity. Situated on the Rancocas Creek, offering direct access to the Delaware River via a concrete boat ramp, this fee-simple property boasts a 7,000 square foot cinder block building with a cement slab. The building, built in 1920, is currently vacant and classified as Class C, requiring significant renovation or demolition. The property features 22 parking spaces and one dock-high door. Ceiling heights vary from 8 to 14 feet. Zoned R-6, the property has undergone environmental remediation addressing several areas of concern, with a deed restriction prohibiting residential or school construction. Public water and sewer are available. The property's prime location offers easy access to major roadways including Interstate 295, the NJ Turnpike, AC Expressway, Garden State Parkway, and local routes 206, 73, 70, and 38, as well as several bridges. Its proximity to the Rancocas Creek Greenway Trail, major shopping centers (Centerton Square, Wegmans, Costco), and prominent medical institutions (University of Pennsylvania, Jefferson, Virtua, Fox Chase, Cooper) adds significant value. The property is being sold "as is," with all inspections and certifications the responsibility of the buyer. This presents a unique opportunity for redevelopment or repurposing in a rapidly growing area. The asking price is $349,900. APN: 09-01411-00001.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction CONCRETE BLOCKS
Lot 0.95 ac (41,325 SF)
Zoning code R-6
APN 09 01411-0000-00001
UPID US59-2060679

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Train Depot

Location

215 Ash St Delanco, NJ 08075
Delanco metro Census 700800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
3 recorded transactions
2025
$330,000
2020
Price N/A
1969
Price N/A

Zoning & alternative use

R-6 · Delanco, NJ
Zoning description

square feet.) R-3 Single-Family Residential (minimum lot size: 10,000 square feet) R-4 Single-Family Residential (minimum lot size: 7,500 square feet) R-5 Single-Family Residential (minimum lot size: 6,000 square feet) R…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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