Property profile

1816 Underwood Blvd Delran, NJ 08075

FOR LEASE
Industrial properties
Property ID
US59-1110298
2.5 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 34,722-square-foot warehouse, located at 1816 Underwood Boulevard in Delran, New Jersey (zip code 08075), presents a significant opportunity for businesses seeking a single-tenant industrial space. Built in 1976, the property boasts a substantial footprint, entirely vacant and ready for immediate occupancy. The warehouse features impressive ceiling heights ranging from 19 feet 6 inches to 20 feet 6 inches, providing ample vertical space for storage and operations. Loading and unloading are facilitated by two loading docks and five dock-high doors, complemented by two drive-in doors for added convenience. The property also includes a fenced lot and twelve total parking spaces to accommodate employees and visitors. Power is supplied by a robust 1600 amp, 208/120-volt system. Situated in Burlington County, this warehouse offers easy access to major transportation routes, making it an ideal location for distribution and logistics operations. The property's size, features, and location combine to create a compelling opportunity for businesses seeking a functional and strategically located warehouse in Southern New Jersey.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 2.5 ac (108,900 SF)
APN 10 00009- 01-00041- 04
UPID US59-1110298

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Discount Store

Location

1816 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
$3.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.64M

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$2.5M
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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