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    OFF-MARKET
    Warehouses

    242 Oak Grove Rd, Woolwich Township, NJ 08085

    243,508 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 242 Oak Grove Rd, Woolwich Township, NJ 08085, offers a substantial 243,508 square feet of warehouse and distribution space. The single-tenant building sits on a generous 27.44-acre lot, providing ample room for operations and future expansion. The warehouse boasts a 40-foot ceiling height, ideal for high-volume storage and efficient material handling. Loading and unloading are facilitated by 57 dock-high doors and 2 drive-in doors, ensuring smooth and efficient logistics. The property is equipped with robust 6000-amp power, capable of supporting demanding operational needs. Its strategic location in Gloucester County offers unparalleled access to major transportation arteries, including convenient proximity to Exit 2 of the New Jersey Turnpike and Exit 11 of I-295. Currently, negotiations are underway for a long-term PILOT (Payment In Lieu Of Taxes) agreement, presenting a significant financial advantage for the prospective owner or tenant. This property represents a rare opportunity to acquire a state-of-the-art warehouse facility in a highly desirable location, offering significant potential for long-term growth and profitability. The property is classified as industrial, with a warehouse and distribution subtype.

    Property profile
    Verified
    Property type Warehouses
    Total area 243,508 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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