507 Woodlane Rd Mount Holly, NJ 08060
- Commercial real estate
- 1.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 507 Woodlane Rd
- Lot size
- 1.50 lot acres
- Zone code
- R-1
- Property type
- Commercial real estate
- APN
- 37 00401-0000-00004
- APU
- 3700401000000004
Description
This exceptional 7.31-acre parcel presents a unique investment opportunity in Mount Holly, New Jersey. Ideally situated at 507 Woodlane Road, this property boasts a highly desirable location with convenient access to major transportation arteries, including the NJ Turnpike and I-295. The strategic location ensures high visibility and accessibility for any development. The property's zoning is a blend of R-4 in the rear and C along Woodlane Road, allowing for a variety of commercial and residential development options. This flexibility provides significant potential for diverse projects. Further enhancing its appeal, the site benefits from readily available public water and sewer access located at the street. With a substantial 7,332 vehicles per day traffic count, this location offers excellent exposure for commercial ventures. The property is within the Westampton Township Public School District. The APN is 37-00401-0000-00004. This versatile land parcel offers a compelling opportunity for developers seeking a prime location with excellent infrastructure and zoning flexibility in a thriving area of Burlington County. The significant lot size and strategic location make this an exceptional opportunity for a mixed-use development or a large-scale single-use project. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $290,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $350,000
- Mixed-Use
- $300,000
- Hospitality
- $340,000
- Educational
- $275,000
- Residential Income
- $325,000
- Energy
- $325,000
- Income-Based Land
- $255,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Westampton
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.8518
- Latitude
- 40.0248
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA