659 Swedesboro Rd Gibbstown, NJ 08027
- Commercial real estate
- 1,286 SF
- 5.74 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 659 Swedesboro Rd
- Year built
- 1980
- Construction
- FRAME
- Lot size
- 5.74 lot acres
- Property size
- 1,286 SF
- Property type
- Commercial real estate
- APN
- 07 00255-0000-00004
- APU
- 700255000000004
Description
This exceptional 17,000 sq ft mixed-use property in Gibbstown, NJ, presents a unique investment opportunity. Located less than a mile from I-295, this 7-acre site boasts flexible zoning allowing for diverse uses within Greenwich Township. The property includes a substantial former showroom and workshop, ideal for a consumer-facing business, complete with ample storage. A secure fenced area with covered storage provides additional space. A large pole barn, equipped with lift footers, offers further potential for automotive repair or a separate business venture. Adding to the income potential, a 3-bedroom single-family home is included, suitable for owner occupancy or rental. The property features abundant parking and is unmatched in its combination of improvements, location, and potential for multiple income streams. The property's history as the home of Borries Outdoor Power Equipment offers the possibility of continuing that established business. This is a rare opportunity to acquire a versatile and strategically located property with significant upside. Serious inquiries are encouraged to explore the full potential of this remarkable offering. The property's size, location, and existing improvements make it a compelling investment for a variety of business and residential uses. The combination of commercial and residential space provides a unique opportunity for diversification and increased return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $465,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $470,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $465,000
- Mixed-Use
- $460,000
- Hospitality
- $355,000
- Educational
- $375,000
- Residential Income
- $450,000
- Energy
- $425,000
- Income-Based Land
- $350,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Gibbstown
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.2849
- Latitude
- 39.8062
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA