109 W Park Dr Mount Laurel, NJ 08054
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.