341 New Albany RdMoorestown, NJ 08057
- Industrial properties
- 2.98 AC
Property Details for 341 New Albany Rd
- Year built
- 1968
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.98 AC
- Property type
- Industrial properties
- APN
- 22 00900-0000-00006
- APU
- 2200900000000006
Description
This single-story industrial building, located in Moorestown, Burlington County, offers 40,500 square feet of flex and warehouse space. Currently, there are two available units totaling 6,720 square feet of vacant space, with individual unit sizes ranging from 3,750 to 8,000 square feet. The property features convenient direct access to the units from the ample parking lot, eliminating the need for long walks or inconvenient loading procedures. The building's design is ideal for businesses requiring a blend of office and warehouse space, providing flexibility for various operational needs. The property type is classified as industrial, with a subtype of flex and warehouse, suitable for a range of tenants. The building is one story, simplifying logistics and access. This prime location in Moorestown offers excellent accessibility and visibility, making it an attractive option for businesses seeking a functional and well-situated space. The multiple tenancy structure allows for diverse business occupancy. Interested parties should inquire about lease terms and availability for the remaining vacant space. The property is situated in Burlington County, offering access to a robust transportation network and a thriving business community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $62,641,800
- 6.5%
- $57,823,200
- 7%
- $53,693,000
-
Comparable approach
- Method
- Valuation
- Relative Method
- $27,137,400
- Geo Method
- $27,137,400
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $30,155,800
- Mixed-Use / Specialty
- $30,445,700
- Hospitality / Lodging
- $22,854,400
- Office
- $30,678,700
- Institutional / Educational
- $31,793,300
- Residential Income
- $37,198,100
- Multifamily
- $42,410,200
- Automotive / Energy
- $27,251,400
- Parking / Income-Based Land
- $9,011,480
- Restaurant / Food Service
- $16,683,200
- Healthcare / Senior Housing
- $30,813,900
Location Insight
- City
- Moorestown
- County
- Burlington
- State
- New Jersey
- Latitude
- 39.9664
- Longitude
- -74.9734
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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