2035 Briggs Rd Mount Laurel Township, NJ 08054
- Industrial properties
- 3.63 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 2035 Briggs Rd
- Lot size
- 3.63 lot acres
- Property type
- Industrial properties
- APN
- 24 00510-0000-00004- 02
- APU
- 240051000000000402
Description
This exceptional industrial property, located at 2035 Briggs Road in Mount Laurel Township, New Jersey, presents a significant opportunity. The single-tenant building boasts a total of 44,721 square feet, with 41,400 square feet currently available. Built in 1977, the warehouse sits on a generous 3.63-acre lot and is zoned I-Industry, offering flexibility for various industrial uses. The building features impressive ceiling heights ranging from 16 feet 1 inch to 19 feet 9 inches, providing ample vertical space for storage and operations. Loading and unloading are facilitated by four loading docks and one drive-in door. The property benefits from robust 3-phase heavy power, ensuring sufficient capacity for demanding industrial applications. Its strategic location just off Route 38 provides easy access to I-295, enhancing regional connectivity and distribution efficiency. This property is situated in Burlington County, New Jersey, with a zip code of 08054. The substantial size and prime location make this warehouse an attractive option for businesses seeking a well-equipped and conveniently located industrial space. The property's features and accessibility make it a compelling investment opportunity in a thriving industrial market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,495,000
- 6.5%
- $3,105,000
- 7%
- $3,180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,960,000
- Geo Method
- $3,255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,850,000
- Retail
- $3,460,000
- Mixed-Use
- $3,870,000
- Hospitality
- $3,150,000
- Educational
- $3,795,000
- Residential Income
- $3,805,000
- Energy
- $3,615,000
- Income-Based Land
- $3,220,000
- Food Service
- $3,230,000
Location Insight
- Map
- Local Demand
- City
- Mount Laurel
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.8985
- Latitude
- 39.9644
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA