538 Fellowship Rd Mount Laurel Township, NJ 08054
- Commercial real estate
- 1,536 SF
- 8.56 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 538 Fellowship Rd
- Year built
- 1970
- Lot size
- 8.56 lot acres
- Property size
- 1,536 SF
- Property type
- Commercial real estate
- APN
- 24 01204-0000-00006
- APU
- 2401204000000006
Description
This exceptional 8.5-acre commercial property, located at 538 Fellowship Road in Mount Laurel Township, New Jersey (zip code 08054), presents a unique investment opportunity. The property features a 2,000 square foot building suitable for various commercial uses, including retail and office space. Its prime location offers unparalleled accessibility, situated directly off Exit 4 of the New Jersey Turnpike and Exit 36 of I-295, ensuring high visibility and convenient access for customers and employees. The site boasts ample parking with approximately 586 existing spaces, a significant advantage for businesses requiring substantial parking capacity. The land itself encompasses approximately 8.5 acres, with roughly 6 acres already paved, providing significant flexibility for development or expansion. This former Greyhound bus terminal benefits from a large population base, with an estimated 850,000 people residing within a 20-minute drive. The property's size, location, and existing infrastructure make it an ideal candidate for a wide range of commercial ventures. This is a rare opportunity to acquire a substantial commercial property in a high-traffic area with excellent access to major transportation arteries. The property is ready for immediate occupancy or redevelopment, offering significant potential for future growth and profitability.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mount Laurel
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9563
- Latitude
- 39.932
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA