505 Pleasant Valley Ave Moorestown, NJ 08057
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10,627 SF Office, Investment Opportunity
Property size:
10,627 SFProperty Features for 505 Pleasant Valley Ave
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 10,627 SF
- Lot Size
- 98,010 SF
Building Details
- Year Built/Renovated
- 1950/1989
- Buildings
- 2
Listing Agency: NAI Mertz Mt. Laurel Listing Agent: Rebecca Ting
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional commercial real estate offering presents a unique investment opportunity in Moorestown, New Jersey. The property encompasses two buildings situated on a 2.25-acre lot (APN 22-03401-0000-00001). The main structure, a 10,627 square foot traditional office building, was constructed in 1950 and renovated in 1989. Currently fully occupied, it offers potential for a sale/leaseback arrangement. The building's layout is versatile, featuring executive and administrative offices, a formal reception area, multiple conference rooms, a lunchroom, ample restrooms, a bullpen workspace, and a finished attic ideal for file storage or IT infrastructure. Ample parking is available for approximately 40 vehicles, including several covered spots under an overhang. The property is zoned SRC (Specially Restricted Commercial). An adjacent 1,281 square foot, one-and-a-half-story single-family residence is also included, currently leased. This presents a significant income stream, further enhancing the investment potential. A 5G cell tower land lease generates substantial annual income of $76,549.80 plus 40% of real estate taxes, with five-year renewal options. This combined offering provides a compelling opportunity for investors seeking a diversified portfolio with strong cash flow and long-term growth potential. The address is 505-509 Pleasant Valley Avenue, Moorestown, NJ 08057.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Degrazia Donald CPA
Accounting Firm
Gold Gerstein Group ...
Accounting Firm
Udell Stacey
Accounting Firm
Location Insight
- Map
- Local Demand
- City
- Moorestown
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.951695315462
- Latitude
- 39.949405239652
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FAQs
What type of property is this?
Office Property / Space - 10,627 SF Office, Investment Opportunity
Where is this office property / space located?
The property is located at 505 Pleasant Valley Ave Moorestown, NJ.
What are key features of this property?
This property features: 10,627 SF office building, fully occupied with sale/leaseback potential.; Features executive/administrative offices, reception area, conference rooms, lunchroom, restrooms, bullpen, and finished attic storage.; 40-car parking lot with covered spaces.
