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    OFF-MARKET
    Warehouses

    242 Oak Grove Rd, Woolwich Township, NJ 08085

    243,508 SF 27.44 ac lot
    Property ID
    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
    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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