2424 Cedar St Millville, NJ 08332
- Commercial real estate
- 53.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2424 Cedar St
- Lot size
- 53.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 53-acre industrial land parcel presents a unique investment opportunity in Millville, New Jersey. Strategically located across from the Millville airport, this property boasts significant advantages for various industrial uses. The land comprises three separate lots (90.01, 90.02, and 91) within the Airport Enterprise Zone (AE), offering considerable flexibility for development. Existing infrastructure includes readily available city water and sewer, along with pre-installed cable and electric services, significantly reducing initial development costs. The property features approximately 300 feet of road frontage, providing excellent accessibility. Permitted uses under the AE zoning include manufacturing, storage, light manufacturing and distribution, transportation depots, and cannabis cultivation (classes 1, 2, 3, and 4). The seller is open to build-to-suit options or lease arrangements, providing further adaptability to meet specific business needs. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a thriving area, offering substantial potential for significant return on investment. The asking price for this exceptional property is $550,000. Located in Cumberland County, NJ, zip code 08332, at 2424 Cedar St, Millville.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millville
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.086945
- Latitude
- 39.3741044
