800 Kennedy Blvd Somerdale, NJ 08083-1030
- Industrial properties
- 0.94 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 800 Kennedy Blvd
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.94 lot acres
- Property type
- Industrial properties
- APN
- 31 00033-0000-00001
- APU
- 3100033000000001
Description
This exceptional 3,500-square-foot industrial warehouse, located at 800 Kennedy Boulevard in Somerdale, New Jersey, presents a unique investment opportunity. Situated on a spacious 1.08-acre lot, this single-tenant property offers significant potential for a variety of uses. Built in 1901, the building boasts a 17-foot ceiling height, providing ample vertical space for storage or operations. Three convenient drive-in doors ensure efficient loading and unloading, while the robust 300-amp, 3-phase, 4-wire power supply caters to demanding industrial needs. The property is zoned for industrial use, making it suitable for a range of businesses. Its location in Camden County, New Jersey, offers easy access to major transportation routes, enhancing its logistical appeal. The entire 3,500 square feet is currently vacant, providing immediate occupancy for the new owner. This property is particularly well-suited for businesses requiring a sizable yard area, such as truck repair facilities or contractor yards. The combination of ample space, convenient access, and robust power makes this a highly desirable industrial property. The property's address is 800 Kennedy Boulevard, Somerdale, NJ 08083.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $625,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $660,000
- Retail
- $645,000
- Mixed-Use
- $535,000
- Hospitality
- $550,000
- Educational
- $570,000
- Residential Income
- $595,000
- Energy
- $665,000
- Income-Based Land
- $660,000
- Food Service
- $620,000
Location Insight
- Map
- Local Demand
- City
- Somerdale
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0196
- Latitude
- 39.853
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA