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    325 Virginia Ave Carneys Point Township, NJ 08069

    Sponsored
    For Sale
    Contact for pricing

    NJ Build-to-Suit, Rail Served, 100 Acres

    Property size:
    225,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Carneys Point, NJ development opportunity presents a prime location for industrial construction. The 100-acre site, zoned for light industrial use and redevelopment, offers the potential for two proposed buildings totaling up to 825,000 square feet. Situated near I-295 and the NJ Turnpike, this location provides unparalleled access to major transportation arteries and a substantial population base within the Philadelphia Metro area. The property boasts active freight rail access along the northwest property line, along with ample truck parking across 12 acres. Public utilities, including water from New Jersey American (block 29, Lot 7) and sewer from the Carneys Point Sewer Authority (block 29, Lot 7), are readily available. Further enhancing its appeal, discounted solar power options are accessible from an adjacent farm. This build-to-suit opportunity is ideal for warehouse and distribution operations, offering significant potential for growth and return on investment. The property is available for sale/leaseback and is classified as Class A with a NNN lease type. Currently vacant, this site represents a unique chance to develop a state-of-the-art industrial facility in a highly desirable location. The address is 325 N Virginia Ave, Penns Grove, NJ 08069.

    Property Features for 325 Virginia Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    225,000 SF
    Class
    A
    Lot Size
    4,356,000 SF

    HighLights

    • Over 100 acres of land.
    • Proposed 600,000+ square foot building with 12 acres of truck parking.
    • Light Industrial (LI) zoning, ideal for redevelopment.
    • Direct access to active freight rail along the northwest property line.
    • Public water and sewer available (NJ American Water & Carneys Point Sewer Authority, Block 29, Lot 7).
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Carneys Point Township
    County
    Salem
    State
    New Jersey
    Longitude
    -75.4559855
    Latitude
    39.74106343

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    FAQs

    What type of property is this?
    Distribution property - NJ Build-to-Suit, Rail Served, 100 Acres
    Where is this distribution property located?
    The property is located at 325 Virginia Ave Carneys Point Township, NJ.
    What are key features of this property?
    This property features: Over 100 acres of land.; Proposed 600,000+ square foot building with 12 acres of truck parking.; Light Industrial (LI) zoning, ideal for redevelopment.
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    325 Virginia Ave Carneys Point Township, NJ 08069
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    Carneys Point Township, 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
    325 Virginia Ave Carneys Point Township, NJ 08069
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