14 Morris Ave Maple Shade, NJ 08052-1324
- Industrial properties
- 16,800 SF
- 1.99 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 14 Morris Ave
- Year built
- 1970
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.99 lot acres
- Property size
- 16,800 SF
- Property type
- Industrial properties
- APN
- 19 00084- 01-00003
- APU
- 19000840100003
Description
This exceptional industrial property, located at 14 Morris Avenue in Maple Shade, New Jersey, presents a significant opportunity for businesses seeking a substantial warehouse space. The building encompasses a generous 40,925 square feet, situated on a sizable 1.99-acre lot. The warehouse features a two-story design, offering versatile space configurations. Ceiling heights range from an impressive 16 feet to 29 feet 4 inches, accommodating a variety of storage and operational needs. Ten loading docks and two drive-in doors ensure efficient loading and unloading processes, streamlining logistics. The property is zoned BD – Business Development (Maple Shade Twp.), providing flexibility for various business types. The entire 40,925 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific requirements. Located in Burlington County, New Jersey, with a zip code of 08052, this property offers convenient access to major transportation routes. This is a rare opportunity to acquire a substantial, well-equipped warehouse in a desirable location. The property's size, features, and zoning make it an attractive option for a wide range of industrial and commercial enterprises.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,470,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,580,000
- 6.5%
- $2,730,000
- 7%
- $2,625,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,685,000
- Geo Method
- $2,680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,900,000
- Retail
- $2,550,000
- Mixed-Use
- $2,640,000
- Hospitality
- $2,160,000
- Educational
- $2,105,000
- Residential Income
- $2,330,000
- Energy
- $2,360,000
- Income-Based Land
- $2,530,000
- Food Service
- $2,275,000
Location Insight
- Map
- Local Demand
- City
- Maple Shade
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9907
- Latitude
- 39.9591
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA