261 Saint Mihiel Dr Delran, NJ 08075
- Turn key restaurants
- 600 SF
- 0.34 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 261 Saint Mihiel Dr
- Lot size
- 0.34 lot acres
- Property size
- 600 SF
- Zone code
- I2
- Property type
- Turn key restaurants
- APN
- 30 00502-0000-00010
- APU
- 3000502000000010
Description
This exceptional 0.34-acre property at 261 Saint Mihiel Drive in Delran, New Jersey, presents a compelling investment opportunity. Boasting a substantial 14,863 square feet of land, this site is zoned I-2, opening doors to a wide array of potential commercial uses. The property's strategic location within Delran positions it to benefit from the township's ongoing revitalization efforts. The true value lies in the land itself, offering significant potential for development and future growth. Further enhancing its appeal, there's a possibility of acquiring additional land from the township, providing convenient easement access to American Legion Drive. This access improvement would significantly enhance the property's logistical advantages and overall development potential. This is a rare chance to acquire a well-situated parcel in a thriving area, primed for a variety of commercial ventures. The I-2 zoning allows for diverse development options, making this an attractive proposition for investors seeking a strong return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable property and the possibilities it presents. The potential for expansion via additional land acquisition from the township adds to the overall attractiveness of this unique opportunity.
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
- Delran
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9654
- Latitude
- 40.0366
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
