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    1179 Courses Landing Rd Penns Grove, NJ 08069

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    For Sale
    Contact for pricing

    Large industrial property available for sale in Penns Grove, NJ.

    Property size:
    1,754,996 SF
    Lot size:
    157.63 Acres

    Property Features for 1179 Courses Landing Rd

    General Information

    Size
    1,754,996 SF
    Lot size
    157.63 Acres

    Source: KBC Advisors - Corporate Agent Marc Petrella

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Distribution Property For Sale

    This industrial property, intended for distribution purposes, offers a substantial area of approximately 1,754,996 square feet. Phase 1 of the development includes approximately 1,220,656 square feet, while Phase 2 provides for an expansion of approximately 534,340 square feet. The property also features 516 trailer parking stalls and is located on Courses Landing Rd in Penns Grove, NJ.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Wholesale Shop Skin Care Clinic Kitchen & Bath Food Market Garden Center Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penns Grove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.426493
    Latitude
    39.670656

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    FAQs

    What type of property is this?
    Distribution center - Large industrial property available for sale in Penns Grove, NJ.
    Where is this distribution center located?
    The property is located at 1179 Courses Landing Rd Penns Grove, NJ.
    What are key features of this property?
    This property features: - Substantial Phase 1 Size: ±1,220,656 SF; - Significant Expansion Potential: Phase 2 expansion of ±534,340 SF; - Ample Trailer Parking: 516 trailer parking stalls
    (732) 351-4519
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    1179 Courses Landing Rd Penns Grove, NJ 08069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1179 Courses Landing Rd Penns Grove, NJ 08069
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