419 Van Sciver Pkwy Willingboro, NJ 08046
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 419 Van Sciver Pkwy
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
- APN
- 38 01003-0000-00104
- APU
- 3801003000000104
Description
This exceptional commercial retail property at 419 Van Sciver Parkway, Willingboro, NJ, presents a rare investment opportunity. The 3,400 square foot building sits on a one-acre lot, offering significant street frontage (over 500 feet) and convenient access from two sides. Currently divided into two units (approximately 1800 SF and 1500 SF), the space is easily adaptable to a single large unit, catering to a variety of business needs. The property benefits from a recently replaced/repaired roof, and the seller will provide two new HVAC systems (buyer responsible for installation). Its strategic location offers high visibility, situated right off Route 130, near major roadways including Interstate 295, the NJ Turnpike, Routes 73, 70, 38, and 206. The surrounding area boasts a strong residential population, nearby hospitals, and commercial entities, with easy access to high-end shopping malls (Cherry Hill & Moorestown) and prestigious medical facilities (Jefferson, Penn, Cooper, Fox Chase, and Virtual). Proximity to Center City Philadelphia, Philadelphia International Airport, the shore points, and the Bristol Bridge to Pennsylvania further enhances its appeal. The ample land allows for potential expansion of the existing building or the addition of a new structure. Ideal for a variety of uses, including but not limited to light retail, salon, convenience store, dry cleaners, pharmacy, produce sales, or a small restaurant/cafe. This property's prime location and versatility make it a truly unique investment opportunity. All public utilities are available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $350,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $340,000
- Mixed-Use
- $375,000
- Hospitality
- $375,000
- Educational
- $310,000
- Residential Income
- $330,000
- Energy
- $315,000
- Income-Based Land
- $305,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Willingboro
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.8661
- Latitude
- 40.0344
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA