88 Lakeview Dr S Gibbsboro, NJ 08026
Property profile & analytics
88 Lakeview Dr S Gibbsboro, NJ 08026
- Commercial real estate
- 8,092 SF
- 1.61 lot acres
Property ID
US59-2062525
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Modern Dentistry / Dental Office
- DM Medical Billings / Accounting Firm / Loan Service
- The Property Management Organization LLC / Property Management Company
- Under Construction Builders / Construction Company / General Contractor
- BWM Construction / General Contractor
Property Details for 88 Lakeview Dr S
- Year built
- 2005
- Lot size
- 1.61 lot acres
- Property size
- 8,092 SF
- Property type
- Commercial real estate
- APN
- 13 00014- 01-00001- 05
- APU
- 1300014010000105
Description
This exceptional 11,771 square foot executive office complex is situated at 88 Lakeview Drive South in Gibbsboro, New Jersey, 08026, within Camden County. The property boasts a highly desirable C-2 zoning designation and offers ample parking with 75 spaces. The single-story building is comprised of three connected structures. Two buildings, totaling approximately 7,931 square feet, are currently under a brand new five-year lease with renewal options. The third building, encompassing approximately 3,840 square feet, is available for sale with a current rent-paying tenant in place, providing immediate income potential. Alternatively, a buyer could occupy this space for their own use. This strategically located complex enjoys high visibility on a heavily trafficked section of Lakeview Drive, bordering Gibbsboro and Voorhees. Its central Camden County location provides easy access to major South Jersey roadways and is surrounded by affluent residential areas. Detailed financial information is available upon execution of a non-disclosure agreement. This presents a unique opportunity to acquire a well-maintained, income-producing office complex in a prime South Jersey location. The asking price for this exceptional property is $1,800,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,410,000
- 6.5%
- $1,305,000
- 7%
- $1,210,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $958,000
- AI Estimate
- $1,047,000
Market price range: $526k - $1.35MMarket price range: $303k - $1.57M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $915,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,360,000 Change: +49% Conversion: Moderate
- OFFICE BUILDING
- $760,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gibbsboro
- County
- Camden
- State
- New Jersey
- Longitude
- -74.9592
- Latitude
- 39.8363
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$46,266
$245,800
$868,500
$1,114,300
-
$245,800
$868,500
$1,114,300
