Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2035 Briggs Rd Mount Laurel Township, NJ 08054

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    44,721 SF Warehouse, Excellent Location

    Property size:
    44,721 SF

    Property Features for 2035 Briggs Rd

    General Information

    Property type
    Distribution centers
    Square Feet
    44,721 SF
    Lot Size
    158,123 SF

    Building Details

    Year Built
    1977
    Stories
    1

    We can help!

    Listing Contact
    Jonathan Klear
    Jonathan Klear

    Listing Agency: NAI Mertz - Corporate Listing Agent: Jonathan Klear

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 44,721-square-foot industrial property, located at 2035 Briggs Road in Mount Laurel Township, New Jersey, presents a significant opportunity. The single-story building, constructed in 1977, sits on a 3.63-acre lot (APN: 24-00510-0000-00004-02) and offers a desirable combination of warehouse and office space. The warehouse boasts a substantial 41,400 square feet with a ceiling height of 19'9" (clear) and features four 10x9 dock-high doors, one 16x12 drive-in door, and one 16x12 loading dock door. Column spacing is 46'x25'. The warehouse is equipped with gas heat, sodium halide lighting, and 3-phase heavy power. Two bathrooms are conveniently located within the warehouse area. The accompanying office space totals 3,321 square feet and includes two additional bathrooms and a break room. This property enjoys a prime location just off Route 38, providing easy access to I-295, ensuring efficient transportation and logistics. The property's size, features, and strategic location make it ideal for a variety of industrial and distribution businesses. This is a rare opportunity to acquire a well-maintained and strategically located industrial property in a thriving New Jersey market. The zip code is 08054.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Hair Salon Nail Salon Grocery & Convenience Store Gym & Fitness Center Pharmacy Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Laurel Township
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8983147
    Latitude
    39.9645835

    Nearby Similar for Sale

    • $1,150,000
      8,000 SF

      Route 38 Office Building Investment

      8-Suite Office Building, High Visibility
      3201 Rte 38, Mount Laurel Township, NJ 08054
      View Details
    • Contact for pricing
      8,670 SF

      Church Road Pharmacy Investment

      High-yield NNN retail investment.
      4004 Church Rd, Mount Laurel Township, NJ 08054
      View Details
    • Contact for pricing
      111,347 SF

      Mount Laurel Flex Portfolio

      8-Building Industrial Investment
      125 Gaither Dr, Mount Laurel Township, NJ 08054
      View Details
    • Contact for pricing
      105,312 SF

      Class A Office Building

      Prestigious office building in Mount Laurel, New Jersey.
      1000 Howard Blvd, Mount Laurel Township, NJ
      View Details

    FAQs

    What type of property is this?
    Distribution center - 44,721 SF Warehouse, Excellent Location
    Where is this distribution center located?
    The property is located at 2035 Briggs Rd Mount Laurel Township, NJ.
    What are key features of this property?
    This property features: 41,400 SF warehouse.; 19'9" clear ceiling height, 16'1" peak.; Three 10'x9' dock-high doors.
    (856) 433-1801 Call to check price and availability
    Request Owner's contact information
    2035 Briggs Rd Mount Laurel Township, NJ 08054
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2035 Briggs Rd
    Mount Laurel Township, NJ 08054
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2035 Briggs Rd Mount Laurel Township, NJ 08054
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jonathan Klear
    Jonathan Klear
    Real Estate License ID: 0896145
    (856) 433-1801 (310) 740-7741 (856) 234-9600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!