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Property profile & analytics
OFF-MARKET
Industrial properties

90 Coles Rd Blackwood, NJ 08012-4683

9.6 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US59-3024344
Property summary
AI-generated overview

This exceptional 115,681-square-foot industrial warehouse, situated on a generous 9.6-acre lot in Blackwood, New Jersey, presents a compelling investment opportunity. Built in 1970 and zoned GI - General Industry (Gloucester Township), the property boasts approximately 26,026 square feet of office space, complementing its substantial warehouse area. The warehouse features generally 17-foot clear ceiling heights (portions ranging from 13'4" to 16'8"), providing ample vertical space for storage and operations. Efficient loading and unloading are facilitated by three 9' x 10' tailgate loading docks, each equipped with a 7' loading bay and 8' x 10' interior access doors, along with a 10' x 8' drive-in. The property's layout includes 24' x 40' column spacing, gas-fired space heaters for climate control, and a comprehensive 100% wet sprinkler system for fire protection. Ample parking is available with 350 marked surface spaces. The building features LED lighting and is fully air-conditioned. The property's robust infrastructure includes concrete footing and masonry block foundation, concrete block over steel framing with a masonry façade, and a rubberized membrane roof. Utilities are provided by PSE&G (electric and gas) and Gloucester Township (water and sewer). An Ingersoll Rand air compressor is also included. Conveniently located off Route 42, with proximity to I-295 and the NJ Turnpike (Exit 3), this property offers easy access to major transportation arteries and the Walt Whitman and Ben Franklin Bridges. The 2023 property taxes were approximately $77,839.61. The property is serviced by NJ Bus Route 168.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 9.6 ac (418,176 SF)
APN 15 11001-0000-00049
UPID US59-3024344
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
Current use
Occupant on record · Public records
  • Original Insurance Agency NJ Insurance Agency
  • Custom Tailored Labels (Bike/Boat/Book/etc) Store Printing Service
  • Revel Nail Corporate Office
  • Omniplanar Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
90 Coles Road LLC · 8 yrs held
90 Coles Road LLC
since 2018
6 recorded transactions
2018
$3.3M
2012
$1.4M
2004
$4.8M
1990
$1.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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