Property summary
This exceptional 21-acre industrial property in Carneys Point, NJ, presents a compelling investment opportunity. The site boasts three buildings: one well-maintained office building and two warehouses, currently occupied by numerous long-standing tenants generating a stable income stream. The property's strategic location offers easy access to major transportation arteries including Route 295 Interstate, the NJ Turnpike, and Route 40, providing convenient access to Delaware and Philadelphia. The diverse tenant portfolio reflects the property's versatility and appeal to various industries. The ample land provides significant potential for future expansion or redevelopment projects, catering to evolving business needs. This well-maintained property offers a blend of immediate income generation and long-term growth potential, making it an attractive investment for both seasoned investors and businesses seeking to expand their operations. The existing infrastructure ensures operational efficiency for current and future tenants. The asking price for this significant industrial complex is $7,000,000. This property offers a rare combination of size, location, and income potential in a thriving economic region.
Property profile
VerifiedCap rate & NOI
Current use
-
Physician
-
Physician
-
Physician
-
Physician
-
Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
LC · Penns Grove, NJZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LC in Penns Grove, NJ.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.