4306 Route 130Willingboro, NJ 08046

Property Details for 4306 Route 130

Year built

1980

Construction

TYPE NOT SPECIFIED

Lot size

1.77 AC

Property size (Sq ft)

6,528 SF

Property type

Banks

APN

38 00002-0000-00002

APU

3800002000000002

Description

This exceptional 6,258-square-foot retail property, located at 4306 Route 130 North in Willingboro, New Jersey, presents a unique investment opportunity. Formerly a freestanding bank, this building boasts a spacious layout, ample parking (35 spaces), and a 1.77-acre lot. A significant advantage is the approximately 1,000-square-foot additional storage building situated at the rear of the property. Convenient access is provided via Route 130 and Sidney Lane, offering both high visibility and access to residential neighborhoods. The property features a newly installed roof (2023) and is delivered "as is," vacant and free of any tenancies. Note that a deed restriction will be in place for two years, prohibiting use as a financial institution. This location benefits from several advantageous designations, including eligibility for the NJ redevelopment authority, New Market Tax Credits, and Opportunity Zone status, as well as being situated in a Smart Growth area. The property is zoned B-1 (Primary Business), offering flexibility for a variety of retail uses. This is a rare opportunity to acquire a substantial retail space in a prime location with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,772,428

  6.5%

  $1,636,088

  7%

  $1,519,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,149,430

  Geo Method

  $2,149,430

• Alternative Use

  Use

  Valuation

  Residential

  $1,380,101

  Hospitality

  $1,264,165

  Educational

  $1,051,771

  Medical

  $1,087,943

  Retail

  $1,636,088

Location Insight

City

Willingboro

County

Burlington

State

New Jersey

Latitude

40.047

Longitude

-74.9019

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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