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Property profile & analytics
OFF-MARKET
Commercial real estate

6901 Chestnut Ave Pennsauken, NJ 08109-2400

2.3 ac lot
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US59-0428762
Property summary
AI-generated overview

This exceptional 10,000+ square foot industrial warehouse, situated on a 2.3-acre lot at 6901 Chestnut Avenue in Pennsauken, NJ, presents a compelling investment opportunity. Its strategic location offers unparalleled access to major transportation arteries, including Route 130, Route 73, the NJ Turnpike, and I-295, providing seamless connectivity to Philadelphia and beyond. The warehouse boasts a functional open-span layout, complemented by upgraded electrical services and high, insulated (20ft+) ceilings with integrated heating. Four generously sized drive-in doors facilitate efficient loading and unloading operations. The property also includes a two-story office area, thoughtfully designed with private offices, a conference room, restrooms, and a break area, catering to diverse business needs. The expansive 2.3-acre lot is fully paved and fenced, providing ample parking for over 25 cars and large semi-trucks. Currently tenant-occupied, showings are strictly scheduled for Mondays and Wednesdays between 7:00 am and 8:30 am, or 5:00 pm and 6:30 pm. Sunday morning showings are also available. This well-maintained property is ideal for businesses seeking a functional, conveniently located industrial warehouse space in close proximity to Philadelphia.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 2.3 ac (100,188 SF)
APN 27 03107-0000-00001
UPID US59-0428762
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Robert Spencer · 10 yrs held
Robert Spencer
since 2016
4 recorded transactions
2016
$180,000
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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