1803 Underwood Blvd Delran, NJ 08075
- Industrial properties
- 1.02 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1803 Underwood Blvd
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.02 lot acres
- Property type
- Industrial properties
- APN
- 10 00009-0000-00041- 02
- APU
- 100000900000004102
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,905,000
- 6.5%
- $1,665,000
- 7%
- $1,750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,690,000
- Geo Method
- $1,670,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,855,000
- Retail
- $1,390,000
- Mixed-Use
- $1,465,000
- Hospitality
- $1,540,000
- Educational
- $1,655,000
- Residential Income
- $1,415,000
- Energy
- $1,545,000
- Income-Based Land
- $1,910,000
- Food Service
- $1,585,000
Location Insight
- Map
- Local Demand
- City
- Delran
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9619
- Latitude
- 40.0213
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA