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Property profile & analytics
OFF-MARKET
Commercial real estate

1948 Delsea Dr Sewell, NJ 08080

7.61 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.61-acre parcel presents a remarkable development opportunity in the thriving Sewell, New Jersey market. Boasting an impressive 300 feet of frontage on Delsea Drive, this property enjoys high visibility and convenient access to Route 55, with the on/off ramp located just half a block away. The R-40 (Low Density Residential) zoning designation offers flexibility for a variety of residential development projects. The expansive acreage provides ample space for a thoughtfully planned community, taking advantage of its prime location and excellent accessibility. This is an ideal site for builders seeking a strategic location to capitalize on the growing demand for housing in the area. The property's size and zoning make it suitable for a range of residential development options, from single-family homes to potentially smaller multi-family dwellings, subject to local approvals and regulations. Given its prominent location and accessibility, this land offers significant potential for a lucrative investment. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The asking price is $759,900. All interested parties are responsible for conducting their own due diligence regarding zoning regulations, development permits, and other relevant factors.

Property profile
Verified
Property type Commercial real estate
Lot 7.61 ac (331,492 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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