Property profile

242 Oak Grove Rd Woolwich Township, NJ 08085

OFF-MARKET
Warehouses
243,508 SF 27.44 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Total area 243,508 SF
Lot 27.44 ac (1,195,286 SF)

Cap rate & NOI

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

Location

242 Oak Grove Rd Woolwich Township, NJ 08085
Woolwich Township metro
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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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