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980 Ellis St Glassboro, NJ 08028

OFF-MARKET Industrial properties Google Maps
1,748 SF 1.29 ac lot Built 1965
Estimated value
No estimation on file for this property yet.
Property ID US59-2746640

Property summary

AI-generated overview

This exceptional 1.3-acre parcel at 980 Ellis Street, Glassboro, NJ, presents a remarkable investment opportunity. Located at Exit 48 off Route 55, this highly visible site boasts a 1,748 square foot building currently configured for multiple uses, including warehouse, motel, restaurant, and office space. The Office Park zoning allows for a diverse range of development possibilities, making it ideal for entrepreneurs and investors seeking flexibility and growth potential. The property's strategic location ensures easy access to major transportation routes, enhancing its appeal for businesses requiring convenient logistics. A detailed survey is available for review, providing comprehensive information on the property's boundaries and features. The seller is open to discussions regarding the potential acquisition of adjacent parcels, allowing for expansion or the development of a larger-scale project. Prospective buyers are encouraged to independently verify all zoning regulations with the Glassboro municipality to ensure their intended use aligns with permitted activities. This property offers a unique blend of existing infrastructure and future development potential, making it an attractive proposition for those seeking a prime location in a thriving area. Due diligence is the responsibility of the buyer. The asking price is $425,000.

Property profile

Verified
Property type Industrial properties
Year built 1965
Total area 1,748 SF
Lot 1.29 ac (56,192 SF)
UPID US59-2746640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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