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Property profile

102 Pkwy Dr Egg Harbor Township, NJ 08234

OFF-MARKET
Warehouses
Property ID
US59-1905844
3.14 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 34,000-square-foot warehouse building presents a compelling investment opportunity in the thriving Egg Harbor Township, NJ industrial park. Located at 102 E Parkway Dr, 08234, this single-story Class C warehouse sits on a generous 3.14-acre lot and offers immediate occupancy. The property boasts two loading docks, four drive-in doors, and impressive 20' to 25' clear ceiling heights with column spacing of 25 feet wide and 40 feet deep, providing ample space for various industrial uses. The building includes 3,500 square feet of well-maintained office space, featuring a lobby, reception area, multiple offices (including two windowed offices), a conference room, IT room, kitchen, and full men's and women's restrooms. The roof was recently replaced within the last five years. Parking is readily available with 25 spaces on-site, plus potential for additional outside storage or truck parking. This standalone warehouse benefits from its strategic location, offering easy access to major transportation arteries such as the Garden State Parkway (Exit 37) and the Atlantic City Expressway (Exit 7). The property is situated within a well-established industrial park, home to notable companies including FedEx, Canada Dry, and others, ensuring a strong and stable business environment. This presents an ideal opportunity for a corporate headquarters, satellite location, or other industrial operations seeking a prime location with limited competing availabilities. The asking price is $3,910,000, and the lease type is NNN.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 3.14 ac (136,778 SF)
Zoning code GC
APN 08 00404-0000-00012
UPID US59-1905844

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

102 Pkwy Dr Egg Harbor Township, NJ 08234-5111
Egg Harbor Township metro Census 11702 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2024
2 recorded transactions
2024
$3.4M
1993
$700,000

Zoning & alternative use

GC · Egg Harbor Township, NJ
Zoning description

. § 225-40 M-1 Light Industrial District and R-I Restricted Industrial District. § 225-40.1 Affordable Housing Overlay Zone A (AHO - A). § 225-40.2 Affordable Housing Overlay Zone B (AHO-B). § 225-41 General Commercial (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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