Property profile

1803 Underwood Blvd Delran, NJ 08075

FOR SALE
Industrial properties
Property ID
US59-1088352
1.02 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 17,801-square-foot warehouse, situated on a 1.02-acre lot in Delran, New Jersey, presents a significant opportunity for businesses seeking a versatile industrial space. The property boasts a single-tenant occupancy, offering complete control and privacy. The warehouse features a high ceiling ranging from 17 feet to 4 inches, providing ample vertical storage capacity. Loading and unloading are facilitated by two loading docks and a single drive-in door, ensuring efficient operations. Ample parking is available with 30 spaces designated for employees and visitors. The property is equipped with robust three-phase 400AMP, 480/277V power, suitable for a range of industrial applications. The zoning designation is M-1 – Limited Industrial/Office, allowing for flexibility in potential uses. The property's address is 1803 Underwood Boulevard, Delran, NJ 08075, and its location is further identified by APN Block 9, Lot 41.02 in Burlington County. The entire 17,801 square feet is currently vacant and available for lease, making it an ideal space for immediate occupancy. This property offers a compelling combination of size, functionality, and location, making it an attractive option for businesses seeking a strategic foothold in the Delran market.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction TYPE NOT SPECIFIED
Lot 1.02 ac (44,431 SF)
APN 10 00009-0000-00041- 02
UPID US59-1088352

Cap rate & NOI

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

Location

1803 Underwood Blvd Delran, NJ 08075
Delran metro Census 700603 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.56M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.64M

Owner & transaction history

since 2022
Last sale
$1.6M
6 recorded transactions
2022
$1.6M
2017
Price N/A
2016
$545,600
1969
Price N/A
1969
Price N/A
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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More about this property
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