1030 Delsea DrWestville, NJ 08093

Property Details for 1030 Delsea Dr

Construction

TYPE NOT SPECIFIED

Lot size

15.33 AC

Zone code

LI2

Property type

Industrial properties

APN

02 00003-0000-00006

APU

200003000000006

Description

This exceptional industrial warehouse space, located within the Westgrove Industrial Park at 1030 Delsea Drive in Westville, New Jersey, offers a strategic location and flexible options for businesses seeking warehouse or distribution facilities. Building 9 boasts a total of 17,600 square feet, with 9,000 square feet currently available for lease. The single-story building features ceiling heights ranging from 12'10" to 14'8", providing ample vertical space for storage and operations. The property includes one loading dock and three drive-in doors, ensuring efficient loading and unloading of goods. Situated on a spacious 15.33-acre lot (APN: 02-00003-0000-00006), this property offers ample room for expansion or outdoor storage. The property's convenient location offers easy access to major transportation arteries. It's just off I-295 at Exit 25, a mere 2.0 miles from Route 42, and 5.5 miles from the New Jersey Turnpike (Exit 3). This prime location in Gloucester County, New Jersey, zip code 08093, provides excellent connectivity for regional and national distribution. Available space is suitable for multiple tenants, with individual units ranging in size. Inquire today for details on available unit sizes and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $418,124,000

  6.5%

  $385,960,000

  7%

  $358,392,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $139,602,000

  Geo Method

  $139,602,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $199,767,000

  Mixed-Use / Specialty

  $200,512,000

  Hospitality / Lodging

  $149,006,000

  Office

  $200,838,000

  Institutional / Educational

  $208,972,000

  Residential Income

  $244,497,000

  Multifamily

  $285,161,000

  Automotive / Energy

  $179,119,000

  Parking / Income-Based Land

  $60,372,500

  Restaurant / Food Service

  $107,397,000

  Healthcare / Senior Housing

  $204,127,000

Location Insight

City

Westville

County

Gloucester

State

New Jersey

Latitude

39.8552

Longitude

-75.1283

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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