127 Red Lion Rd Southampton, NJ 08088
- Commercial real estate
- 2.00 lot acres
Current Use by Public Records
- MCS Technology Solutions / Corporate Office
- Power Overhaul LLC / Solar Energy Equipment Supplier / Electrician
- Black Cat Rocks and Minerals / Rock Shop / Gift Shop
- CloudScale365 / Security System Installer / Computer Support And Services
Property Details for 127 Red Lion Rd
- Year built
- 1993
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.00 lot acres
- Zone code
- I
- Property type
- Commercial real estate
- APN
- 33 02202-0000-00004- 13
- APU
- 330220200000000413
Description
This exceptional industrial property, located at 127 Red Lion Road in Southampton, NJ, offers a combined 3700 square feet of office and warehouse space situated on a two-acre lot. The property features a welcoming foyer and lobby area, leading to fully carpeted offices with ample natural light from numerous windows. A sizable meeting room is conveniently located at the end of the office space. The warehouse section boasts both a garage door and a man door providing convenient access to the backyard. This versatile space is ideal for businesses seeking to relocate or establish a new presence. Its strategic location offers unparalleled access to major transportation arteries, including I-295 and the New Jersey Turnpike, ensuring seamless connectivity to various regions. The property's proximity to Routes 70, 38, 206, and 73, as well as Exits 4 or 5 of the NJ Turnpike and the Atlantic City Expressway, further enhances its logistical advantages. Furthermore, its convenient location near the Moorestown and Cherry Hill Malls provides easy access to amenities and a thriving commercial environment. The property also benefits from easy access to the Walt Whitman, Ben Franklin, and Tacony Bridges, facilitating efficient travel across the Delaware River. This is a rare opportunity to acquire a well-positioned industrial property with significant potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $685,000
- 6.5%
- $690,000
- 7%
- $705,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $790,000
- Geo Method
- $670,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $785,000
- Retail
- $635,000
- Mixed-Use
- $695,000
- Hospitality
- $685,000
- Educational
- $615,000
- Residential Income
- $680,000
- Energy
- $715,000
- Income-Based Land
- $640,000
- Food Service
- $750,000
Location Insight
- Map
- Local Demand
- City
- Southampton
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.7448
- Latitude
- 39.8945
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA