1809 Underwood BlvdDelran, NJ 08075

  • Industrial properties
  • 4.73 AC
For Lease

Property Details for 1809 Underwood Blvd

Lot size
4.73 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
10 00009-0000-00041- 05
APU
100000900000004105

Description

This exceptional 77,087-square-foot industrial/warehouse building, situated on a 4.73-acre lot in Burlington County's Millside Industrial Park, presents a compelling investment opportunity. Built in 1974 and featuring a single story with a 23-foot ceiling height, this property boasts extensive recent renovations. These upgrades include fresh exterior paint, completely repaired and replaced docks, revitalized landscaping, new exterior LED lighting, and a refreshed parking lot. The building itself offers 10 dock-high doors, one drive-in door, and one van-high door, ensuring efficient loading and unloading. The spacious interior features 35' x 40' column spacing, providing maximum flexibility for various uses. A 4,124-square-foot air-conditioned office space is included, along with a robust power supply of 1000 amps, 256/460 volts, 3-phase. Additional features include a wet sprinkler system, gas heat, and a TPO roof installed in 2018, backed by a transferable 20-year warranty (fee applies). Conveniently located just off Route 130, this property offers unparalleled access to major transportation arteries. The building's layout is ideal for a variety of industrial and flex uses, making it a highly desirable asset in a thriving market. This is a rare opportunity to acquire a well-maintained, extensively renovated industrial property with significant upside potential.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $43,578,324
    Hospitality
    $39,917,508
    Educational
    $33,210,898
    Medical
    $34,353,072
    Retail
    $51,661,400
1809 Underwood Blvd, Delran, New Jersey
Leaflet | © OpenStreetMap contributors

Location Insight

City
Delran
County
Burlington
State
New Jersey
Latitude
40.0197
Longitude
-74.9638
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$71,888
$307,500
$1,541,000
$1,848,500
-
$307,500
$1,541,000
$1,848,500

FAQs

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