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Property profile & analytics

2 Stokes Rd Shamong, NJ 08088

  • Commercial real estate
  • 4.00 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 2 Stokes Rd

Lot size
4.00 lot acres
Property type
Commercial real estate

Description

This exceptional four-acre corner lot is situated within a thriving industrial park in Shamong, New Jersey, presenting a unique investment opportunity. The property boasts previously approved plans for a 40,000 square foot self-storage facility, although these plans are not binding and could be modified to accommodate alternative uses. The approvals, while expired, provide a significant head start for developers seeking to expedite the permitting process. The comprehensive plans offer a detailed blueprint for construction, minimizing potential delays and uncertainties. Furthermore, the property benefits from a letter of support from the township of Shamong for the development of a medical marijuana facility, opening up additional avenues for potential investors. This prime location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The expansive four-acre parcel provides ample space for substantial development, ensuring flexibility and scalability for future projects. This is a rare opportunity to acquire a strategically located property with a proven track record of development approval, offering significant potential for substantial returns. The existing approvals and the letter of support from the township significantly reduce the hurdles typically associated with new developments, making this a highly desirable investment. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Shamong
County
BURLINGTON
State
New Jersey
Longitude
-74.7392
Latitude
39.7702
More about this property
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