242 Oak Grove Rd, Woolwich Township, NJ 08085
This exceptional industrial development opportunity presents a planned 243,508-square-foot warehouse and distribution facility ideally situated in Woolwich Township, New Jersey. Located at 242 Oak Grove Rd, 08085, this property boasts a strategic location near major transportation arteries, including Exit 2 of the New Jersey Turnpike and Exit 11 of I-295, ensuring seamless logistics and efficient distribution networks. The warehouse features a substantial 27.44-acre lot, providing ample space for expansion or future development. Inside, the building offers a generous 40-foot clear ceiling height, accommodating a wide range of industrial uses and maximizing storage capacity. The facility includes 57 dock-high doors measuring 9' x 10', along with two 12' x 14' drive-in doors, facilitating efficient loading and unloading operations. The column spacing is designed for optimal functionality, with 52' x 50' spacing and a 60' speed bay. A robust 6000-amp electrical service ensures sufficient power for demanding industrial operations. Negotiations are underway for a long-term PILOT (Payment In Lieu Of Taxes) agreement, presenting a significant financial advantage for the future owner. This property represents a rare opportunity to acquire a state-of-the-art warehouse in a highly desirable location with excellent access to major transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.