Current Use by Public Records
- Lifestyle centers
Property Details for 770 Us-40 Upper
- Lot size
- 8.50 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 34,000 square foot commercial property, situated on 8.5 acres in Upper Pittsgrove, New Jersey (zip code 08343), presents a significant investment opportunity. Located at 770 US-40, the property boasts a prime location at the convergence of US-40 and Route 77, a major traffic hub connecting several surrounding towns including Mullica Hill, Elmer, Bridgeton, Franklinville, and Woodstown. The site is zoned for Highway Business use, ensuring flexibility for a variety of commercial ventures. The existing building offers approximately 34,000 square feet of space, with ample room for expansion and development on the expansive 8.5-acre lot. The asking price is $2,600,000, translating to $76.47 per square foot. The land value alone is $62.50 per square foot. This property benefits from high visibility and excellent traffic counts, and is surrounded by established businesses such as Dunkin Donuts, Wawa, and The Point 40 Diner. The property's strategic location and substantial size make it ideal for a variety of uses, including a shopping center, food service establishments, fuel centers, and major restaurants and retailers. The APN is 14-00034-0000-00025.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Upper Pittsgrove
- County
- Salem
- State
- New Jersey
- Longitude
- -75.2305
- Latitude
- 39.6183
