Property profile

463 Ward Ave Chesterfield Township, NJ 08515

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 15+ acre parcel in Chesterfield Township, New Jersey, presents a unique investment opportunity. Located at 463 Ward Ave, 08515, this property boasts Commercial/Open Space (Com OP) zoning and is ideally situated between Exit 7 and 7a of the New Jersey Turnpike, ensuring high visibility and convenient access. The land is further enhanced by the recent approval of a cannabis cultivation and manufacturing ordinance, making it exceptionally attractive for businesses in the burgeoning cannabis industry. A significant advantage is the inclusion of a multi-family dwelling already on the site. The property's 40.1538844 latitude and -74.6655451 longitude coordinates pinpoint its precise location within Burlington County. This central location, combined with the approved cannabis zoning and existing dwelling, offers a compelling combination of potential uses and immediate value. The property's size and strategic location make it an ideal candidate for large-scale development or expansion within the thriving cannabis sector. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. The property is ready for immediate development.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

463 Ward Ave Chesterfield Township, NJ 08515
Chesterfield Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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