1804 River RdBurlington, NJ 08016

Property Details for 1804 River Rd

Year built

1974

Lot size

35.37 AC

Zone code

I-2

Property type

Industrial properties

APN

06 00154-0000-00012- 10

APU

60015400000001210

Description

This exceptional 272,088-square-foot manufacturing facility, completed in 2022, presents a unique opportunity for a single tenant. Located at 1804 River Road in Burlington, New Jersey, 08016, this building sits on a substantial 35-acre lot within Burlington County. The property boasts a highly desirable location, offering easy access to both the New Jersey and Pennsylvania Turnpikes, making it an ideal logistics hub for servicing the Northeast corridor. Its proximity to major metropolitan areas is a key advantage: just 30 miles from Philadelphia and 75 miles from New York City. The entire building is currently vacant, providing immediate occupancy for a qualified tenant. This is one of two planned buildings on the site, with a total of 566,264 square feet ultimately available. The property's modern design and strategic location make it an unparalleled opportunity for businesses seeking a state-of-the-art manufacturing space in a key logistical area. The property is classified as industrial, with a manufacturing subtype.

• CAP approach

  CAP return

  Valuation

  6%

  $622,814,000

  6.5%

  $574,905,000

  7%

  $533,841,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $322,124,000

  Geo Method

  $322,124,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $296,985,000

  Mixed-Use / Specialty

  $297,641,000

  Hospitality / Lodging

  $220,603,000

  Office

  $297,659,000

  Institutional / Educational

  $310,040,000

  Residential Income

  $362,747,000

  Multifamily

  $425,551,000

  Automotive / Energy

  $265,748,000

  Parking / Income-Based Land

  $90,012,200

  Restaurant / Food Service

  $158,466,000

  Healthcare / Senior Housing

  $303,467,000

Location Insight

City

Burlington

County

Burlington

State

New Jersey

Latitude

40.1042

Longitude

-74.8251

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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