Current Use by Public Records
- Industrial properties
Property Details for 1 West Rd
- Year built
- 1960
- Lot size
- 0.66 lot acres
- Property type
- Industrial properties
Description
This exceptional 2,700 square foot industrial warehouse in Gibbsboro, NJ presents a unique investment opportunity. Completely renovated, the property boasts two 12-foot drive-in doors, a spacious 14-foot ceiling work/storage area, and a dedicated office. Recent upgrades include a new 200-amp electrical system and a brand-new rubber membrane roof, ensuring long-term functionality and reduced maintenance costs. Situated on a 0.66-acre lot, this property offers significant expansion potential. The current zoning (M-1) allows for two distinct development pathways. Option one involves seeking a bulk variance from the borough to utilize the existing lot. Option two leverages the availability of three adjacent vacant lots totaling 0.35 acres, owned by the borough, providing ample space for expansion and site plan optimization. While the property currently utilizes a failing septic system, the seller has proactively engaged with the borough engineer to develop a plan for connection to public sewer, including a detailed scope of work and cost estimate. This comprehensive preparation streamlines the transition and minimizes potential delays. This is a turnkey opportunity for immediate occupancy and future growth.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gibbsboro
- County
- Camden
- State
- New Jersey
- Longitude
- -74.9813
- Latitude
- 39.8295
