242 Oak Grove Rd Woolwich Township, NJ 08085
- Warehouses
- 243,508 SF
Current Use by Public Records
- Warehouses
Property Details for 242 Oak Grove Rd
- Property size
- 243,508 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woolwich Township
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.3138
- Latitude
- 39.7642
