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Property profile & analytics
OFF-MARKET Estimated value $1,580,000
Office buildings

511 Rte 168 Blackwood, NJ 08012-1458

12,000 SF 1.22 ac lot Built 1998
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-3106555
Property summary
AI-generated overview

This exceptional 12,000-square-foot building in Blackwood, NJ, presents a unique opportunity for businesses seeking versatile space. Situated on a 1.22-acre lot, the property boasts a compelling blend of modern office and warehouse functionality. The building features 4,000 square feet of meticulously designed office space, including eleven private glass offices, a substantial conference/training room, a large open office area (suitable for a showroom), and an additional glass conference room. A convenient break area/coffee bar completes the office amenities. The expansive 8,000-square-foot warehouse area includes pallet racking, enhancing storage efficiency. Access is facilitated by three overhead doors – two with loading dock access and one with a drive-up ramp and outdoor staging area. Further enhancing the property's potential is a 2,000-square-foot raised and fenced-in pad at the rear, ideal for exterior storage or potential expansion, increasing the building's footprint to approximately 14,000 square feet. The entire building features 24-foot ceilings, a comprehensive sprinkler system, a security alarm, and a surveillance system. Ample parking is provided with approximately 47 spaces. The building is ready for immediate occupancy, offering a seamless transition for the new owner. Furniture may be included in the sale. Priced at $1,849,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction METAL FRAME
Total area 12,000 SF
Lot 1.22 ac (53,143 SF)
Zoning code HC
APN 18 00216-0000-00010- 01
UPID US59-3106555
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.58M
Owner & transaction history
Web 211 LLC · 2 yrs held
Web 211 LLC
since 2024
Last sale
$1.6M
7 recorded transactions
2024
Price N/A
2024
$2.1M
2012
$600,000
2003
$456,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HC · Blackwood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $1.7M +44.1%
Commercial (general) $1.7M +38.3%
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