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Property profile & analytics
FOR LEASE
Industrial properties

800 Kennedy Blvd Somerdale, NJ 08083

0.94 ac lot
Individually Owned 2-yr Hold Free & Clear
Property ID
US59-1009545
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.94 ac (40,999 SF)
APN 31 00033-0000-00001
UPID US59-1009545
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
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
Kennedy Boulevard Real Estate Assc · 2 yrs held
Kennedy Boulevard Real Estate Assc
since 2023
Last sale
$600,000
2 recorded transactions
2023
$600,000
2006
$10
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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