858 Lenola Rd Moorestown, NJ 08057
- Industrial properties
- 6.07 lot acres
Current Use by Public Records
- BKON, LLC / Food Manufacturer
- General Chemical & Supply / Sanitation Service / Janitorial Equipment Supplier
- General Chemical / Warehouse
Property Details for 858 Lenola Rd
- Year built
- 1965
- Construction
- CONCRETE BLOCKS
- Lot size
- 6.07 lot acres
- Property type
- Industrial properties
- APN
- 22 00400-0000-00002
- APU
- 2200400000000002
Description
This exceptional industrial property, located at 858 N Lenola Road, Building 2, in Moorestown, New Jersey (zip code 08057), offers 12,870 square feet of immediately available warehouse and distribution space. The building, constructed in 1965, boasts a total of 27,940 square feet and features a 15-foot ceiling height, ideal for various storage and operational needs. This single-suite unit is perfect for businesses requiring ample space and efficient workflow. The property includes one loading dock for convenient loading and unloading of goods. Situated in Burlington County, this location provides easy access to major transportation routes, making it an excellent choice for companies needing efficient logistics. The space is currently vacant and ready for immediate occupancy. Short-term lease options are available, making it a flexible solution for businesses with varying needs. The unit measures approximately 65 feet by 198 feet. This property is classified as industrial, with warehouse and distribution subtypes, and is suitable for multiple tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,670,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,130,000
- 6.5%
- $8,110,000
- 7%
- $7,500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,545,000
- Geo Method
- $6,885,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,395,000
- Retail
- $7,750,000
- Mixed-Use
- $6,715,000
- Hospitality
- $8,430,000
- Educational
- $8,670,000
- Residential Income
- $6,990,000
- Energy
- $6,745,000
- Income-Based Land
- $7,905,000
- Food Service
- $8,915,000
Location Insight
- Map
- Local Demand
- City
- Moorestown
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9931
- Latitude
- 39.9697
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA