Technical
Financial
Distress signals
Property profile

109 W Park Dr Mount Laurel, NJ 08054

FOR LEASE
Warehouses
Property ID
US59-1218495
4.87 ac lot Built 1967
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 35,308-square-foot industrial warehouse, located at 109 W. Park Drive in Mount Laurel Township, New Jersey, presents a significant opportunity. Built in 1968, this single-story building sits on a generous 3.41-acre lot and is zoned 4-B. The property boasts a 12-foot ceiling height, providing ample vertical space for storage and operations. Access is facilitated by one dock-high door and one drive-in door, ensuring efficient loading and unloading. Ample parking is available with 73 spaces designated for the property. Currently offering multiple tenancies, one space of 15,762 square feet is immediately available. The strategic location within the East Gate Center offers unparalleled convenience, with easy access to major transportation arteries including I-295 and the New Jersey Turnpike (Exit 4). The property's APN is 24-01204-0000-00004-0002, and it is situated in Burlington County, New Jersey, zip code 08054. This warehouse is an ideal solution for businesses seeking a well-maintained, strategically located industrial space in a thriving area. The property's size, features, and location combine to create a compelling investment opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1967
Lot 4.87 ac (212,137 SF)
APN 24 01204-0000-00004- 02
UPID US59-1218495

Cap rate & NOI

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

Location

109 W Park Dr Mount Laurel, NJ 08054
Mount Laurel metro Census 702906 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.46M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.70M

Owner & transaction history

since 2022
Last sale
$6.6M
2 recorded transactions
2022
$6.6M
1969
Price N/A

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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