900 Willow Grv Rd Monroeville, NJ 08343-4519
- Commercial real estate
- 7,380 SF
- 4.61 lot acres
Current Use by Public Records
- JB Logistic Systems / Warehouse
Property Details for 900 Willow Grv Rd
- Year built
- 1970
- Construction
- CONCRETE BLOCKS
- Lot size
- 4.61 lot acres
- Property size
- 7,380 SF
- Zone code
- RA
- Property type
- Commercial real estate
- APN
- 05 02801-0000-00051- 01
- APU
- 50280100000005101
Description
This exceptional Monroeville, NJ property offers a unique investment opportunity encompassing three distinct buildings totaling over 200,000 square feet on a 4.61-acre lot. The property is zoned Farm/Commercial and enjoys convenient access to Route 40. One building features a spacious 2,400 square foot garage boasting a generous 14-foot ceiling height, ideal for various storage or operational needs. A second building provides over 4,000 square feet of warehouse space with impressive 18-foot clear height ceilings and three loading bays, facilitating efficient material handling and storage. The third building adds another 4,200+ square feet of warehouse space, further enhancing the property's versatility. In addition to the substantial warehouse space, the property includes three offices, providing ample administrative space. The property benefits from a recently installed roof, ensuring long-term durability and reduced maintenance costs. Ample parking is available on-site, accommodating employees and visitors. This multi-building complex presents a compelling opportunity for businesses seeking a flexible and well-equipped industrial space in a strategic location. The property is available for sale or lease, offering adaptable options to suit diverse business requirements. The combination of size, location, and features makes this a truly exceptional offering.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $320,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $380,000
- Mixed-Use
- $415,000
- Hospitality
- $405,000
- Educational
- $360,000
- Residential Income
- $340,000
- Energy
- $310,000
- Income-Based Land
- $395,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Monroeville
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.1048
- Latitude
- 39.6121
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA