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Property profile & analytics

305 Virginia Ave Penns Grove, NJ 08069-1126

  • Commercial real estate
  • 720 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-2584392
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 305 Virginia Ave

Property size
720 SF
Property type
Commercial real estate
APN
02 00035-0000-00002-0000-BLDG
APU
02000350000000020000BLDG

Description

This exceptional 11,000-square-foot industrial property, situated on a generous 5-acre lot in Carneys Point, New Jersey, presents a compelling investment opportunity. The property is currently vacant, offering immediate occupancy for a single tenant. The building is classified as a maintenance shop, suggesting suitability for a variety of industrial uses. Its substantial size and expansive land area provide ample space for operations, storage, and potential expansion. The location in Salem County offers convenient access to major transportation routes, facilitating efficient logistics and distribution. The property's single-tenant occupancy simplifies management and provides a clear revenue stream for the owner. This is an ideal site for businesses seeking a well-maintained, spacious industrial facility with significant land for future development or expansion. The 11,000 square feet of building space is ready for immediate use, eliminating the need for extensive renovations or upgrades. The 5-acre lot provides ample room for outdoor storage, equipment, or future construction projects. This property represents a rare opportunity to acquire a substantial industrial site in a desirable location. The combination of building size, land area, and vacant status makes this an attractive proposition for businesses seeking to establish or expand their operations in the region. Serious inquiries are encouraged.


Value Estimations

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  • CAP approach

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Location Insight

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  • Local Demand
City
Penns Grove
County
Salem
State
New Jersey
Longitude
-75.4553
Latitude
39.7394
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,170
$170,000
$312,300
$482,300
-
$170,000
$312,300
$482,300
More about this property
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