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Property profile & analytics
OFF-MARKET Estimated value $545,000
Industrial properties

60 Gloucester Pike Barrington, NJ 08007-1323

14,346 SF 1.65 ac lot Built 1930
Entity Owned 4-yr Hold Free & Clear
Property ID
US59-1489211
Property summary
AI-generated overview

This exceptional 10,000-square-foot flex space, situated on a 1.3-acre lot in Barrington, New Jersey, presents a compelling investment opportunity. Located at 60 E Gloucester Pike, 08007, this Class C industrial property boasts a versatile M-2 zoning designation, offering a wide range of permitted uses. Previously configured as a school, the building has been completely gutted, providing a blank canvas for customization. Existing features include a small office area with four rooms and two bathrooms, plus infrastructure for additional bathrooms. The property also benefits from 3-phase electric, ideal for manufacturing operations. While a loading dock and drive-in could be reinstated upon request, the high 10.5-foot ceilings provide ample vertical space. The property includes significant outdoor space, suitable for industrial storage or other outdoor uses. Note that while the property had prior approval for a dispensary, this approval was specific to a single entity and may not be transferable. Potential buyers should conduct their own due diligence regarding zoning regulations and any remaining aspects of prior approvals. The HVAC system requires inspection to confirm functionality. This property offers significant potential for a variety of businesses seeking a flexible and well-located industrial space in Camden County.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1930
Construction CONCRETE BLOCKS
Total area 14,346 SF
Lot 1.65 ac (71,852 SF)
APN 03 00013-0000-00001- 08
UPID US59-1489211
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
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$435k
Blend (final) Blend
$545k
Owner & transaction history
144 Rutgers Bell Nj LLC · 4 yrs held
144 Rutgers Bell Nj LLC
since 2022
Last sale
$600,000
1 recorded transaction
2022
$459,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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