608 Little Gloucester Rd Blackwood, NJ 08012-5213
This exceptional 5,020 square foot commercial property, located at 608 Little Gloucester Road in Gloucester Township, New Jersey (zip code 08012), presents a unique investment opportunity. The property is zoned for office use and is offered at an asking price of $425,000. A significant advantage is the existing foundation for a building of approximately 5,020 square feet, already equipped with crucial infrastructure including storm water management, utilities, curbs, parking, and lighting. This ready-to-build pad site shares a parking lot with The Learning Experience, ensuring ample parking for tenants and visitors. The location benefits from local tax incentives aimed at stimulating commercial growth, details of which are available through the Tax Abatement Program. Ownership is part of a condominium association, providing the benefits of shared parking, professional property management, and clearly defined easement rights. Situated at the high-traffic intersection of Little Gloucester Road and Hider Lane, this property boasts excellent visibility and accessibility. Its proximity to major highways and other established businesses makes it exceptionally well-suited for a variety of office or retail uses. This is a turnkey opportunity to establish a presence in a thriving commercial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.