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    OFF-MARKET
    Commercial real estate

    24 Church St, Woodstown, NJ 08098

    1 SF 2.25 ac lot Built 2002
    Property ID
    Property summary
    AI-generated overview

    This exceptional Woodstown, NJ property presents a unique investment opportunity. Situated on a generous 2.25-acre lot (Block 53, Lot 7), the property boasts a substantial main building encompassing approximately 12,750 square feet. This expansive structure features an impressive oversized foyer with high ceilings and recessed lighting, along with two conveniently located hall bathrooms. The main area, previously utilized as a house of worship, offers versatile potential, even accommodating use as a basketball court. A significant portion of the building previously served as a daycare center, comprising seven individual classrooms or offices, and a dedicated bathroom. Several rooms feature adaptable wall dividers, enhancing the space's flexibility. Additional features include a former library and small meeting area adjacent to the foyer, a large conference room, and a sizable commercial kitchen. A secondary structure of approximately 1,450 square feet and a 1,050-square-foot storage garage/workshop are also included on the property, along with a parking lot providing approximately 75 parking spaces. The property previously held tax-exempt status

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2002
    Total area 1 SF
    Lot 2.25 ac (98,010 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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