300 Richards RunBurlington, NJ 08016

  • Industrial properties
  • 19,932 SF
For Lease
$14/SF/YR View listing

Property Details for 300 Richards Run

Year built
1989
Lot size
8.56 AC
Property size (Sq ft)
19,932 SF
Zone code
I-2
Property type
Industrial properties
APN
06 00153- 03-00001- 10
APU
600153030000110

Description

This exceptional industrial property, located in Burlington County, offers a substantial 85,390-square-foot warehouse facility. Currently, a significant 20,000-square-foot space is immediately available for lease, representing a fantastic opportunity for businesses seeking ample storage and operational space. The building features a desirable 22-foot clear ceiling height, accommodating various storage and operational needs. A loading dock is conveniently located on-site, streamlining the loading and unloading process. Existing racking is included, providing immediate storage solutions. The property boasts ample on-site parking, ensuring convenient access for employees and visitors. The expansive 8.56-acre lot provides significant room for expansion or future development. This location offers excellent access to major transportation arteries, including Routes 130 and I-295, as well as the New Jersey Turnpike, facilitating efficient logistics and distribution. Commuters will appreciate the proximity to public transportation, with Bristol and Levittown commuter rail stations just 15 and 16 minutes away, respectively. The property is situated within the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Combined Statistical Area (CBSA), providing access to a large and diverse workforce and consumer base. The current sublease expires August 31, 2027.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,213,407
    Hospitality
    $3,859,458
    Educational
    $3,211,024
    Medical
    $3,321,456
    Retail
    $4,994,926

Location Insight

City
Burlington
County
Burlington
State
New Jersey
Latitude
40.096
Longitude
-74.8152
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
$97,399
$856,000
$2,419,000
$3,275,000
-
$856,000
$2,419,000
$3,275,000

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