6 Terri Ln Burlington, NJ 08016-4905
Property Lookup
Property profile & analytics
6 Terri Ln Burlington, NJ 08016-4905
- Office buildings
- 5,806 SF
- 7.19 lot acres
Property ID
US59-1068912
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.
Location Intelligence
Current Use by Public Records
- Dentsply Ceramco Technical Center / Medical Supply Store
- Benco Dental / Dental Office
- Burlington Masonic Lodge #32, F&AM / Volunteer Organization / Community Center
- Community Access Center / Adult Day Care
- EnviroTrac Ltd. - Burlington, NJ / Environmental Consultant
Property Details for 6 Terri Ln
- Year built
- 1989
- Lot size
- 7.19 lot acres
- Property size
- 5,806 SF
- Zone code
- I-1
- Property type
- Office buildings
- APN
- 06 00120- 02-00007
- APU
- 6001200200007
Description
This exceptional 58,000-square-foot industrial flex building, located at 6 Terri Lane in Burlington Township, New Jersey, presents a compelling value-add investment opportunity. The property, built in 2014 and renovated in 2024, sits on a 7.2-acre lot and boasts a Class B rating. Currently vacant, the single-story building offers 215 parking spaces and four loading docks, making it ideal for a variety of uses. The high ceilings, measuring 21 feet, provide ample vertical space. The interior features brick walls and steel supports, built for durability. Most interior walls have been removed, creating a flexible layout, with the exception of a 3,200-square-foot office area. The property is zoned Industrial I-1 and benefits from an excellent location, just half a mile from the NJ Turnpike and Route 295, providing easy access to major transportation arteries. The asking price is $8,500,000, translating to $146.55 per square foot. The property is offered "as is" with a NNN lease type. The 2024 property taxes are $138,000. The owner is also open to leasing the building at a net rate of $10 per square foot. The building's strategic location is further enhanced by the recent completion of a 2 million-square-foot industrial building directly across the street, highlighting the area's strong demand. This presents a rare chance to acquire a well-situated, sizable industrial flex space in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,720,000
- ML approach
- $8,720,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.8334
- Latitude
- 40.0418
- 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
2022
$138,011
$465,000
$4,175,600
$4,640,600
-
$465,000
$4,175,600
$4,640,600
