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509 Heron Dr Swedesboro, NJ 08085-1713

OFF-MARKET Warehouses Google Maps
563 SF 14.71 ac lot Built 1980
Entity Owned 9-yr Hold ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US59-1260925

Property summary

AI-generated overview

This exceptional 55,000-square-foot industrial warehouse, situated on a 14.71-acre lot in Gloucester County's Pureland Industrial Complex, offers a single-tenant occupancy opportunity. Built in 1980, this two-story building boasts a spacious layout with 21'5" to 24'4" ceiling heights and a generous 40' x 40' column spacing. The property features five 10' x 9' loading docks, including two drive-through cross docks with levelers, and two additional 16' x 14' and 14' x 10' drive-in doors, providing ample loading and unloading capabilities. An abundant fenced outdoor storage area offers significant expansion potential. The building includes 6,400+ square feet of two-story office space, complete with a warehouse manager's office, restrooms, and a cafeteria. The space is fully heated and air-conditioned and equipped with a wet sprinkler system and five cranes ranging from 1 to 5 tons. The property benefits from a robust power supply of 2000 amps, 480 volts, and 3-phase service. Zoned LI - Light Industrial, this location offers unparalleled convenience, situated just off I-295, 16 miles from Philadelphia Airport, 12 miles from the Delaware Memorial Bridge, and 109 miles from the Lincoln Tunnel. This property presents a unique opportunity for businesses seeking a well-equipped, strategically located industrial facility.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Construction CONCRETE BLOCKS
Total area 563 SF
Lot 14.71 ac (640,768 SF)
APN 09 02903-0000-00015
UPID US59-1260925

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2017
Last sale
$7.8M
7 recorded transactions
2018
Price N/A
2017
$3.6M
2008
$800,000
2008
$3.2M
2008
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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