505 Pleasant Valley AveMoorestown, NJ 08057

Property Details for 505 Pleasant Valley Ave

Year built

1950

Construction

CONCRETE BLOCKS

Lot size

2.25 AC

Property size (Sq ft)

10,627 SF

Property type

Industrial properties

APN

22 03401-0000-00001

APU

2203401000000001

Description

This exceptional commercial real estate offering presents a unique investment opportunity in Moorestown, New Jersey. The property encompasses two buildings situated on a 2.25-acre lot (APN 22-03401-0000-00001). The main structure, a 10,627 square foot traditional office building, was constructed in 1950 and renovated in 1989. Currently fully occupied, it offers potential for a sale/leaseback arrangement. The building's layout is versatile, featuring executive and administrative offices, a formal reception area, multiple conference rooms, a lunchroom, ample restrooms, a bullpen workspace, and a finished attic ideal for file storage or IT infrastructure. Ample parking is available for approximately 40 vehicles, including several covered spots under an overhang. The property is zoned SRC (Specially Restricted Commercial). An adjacent 1,281 square foot, one-and-a-half-story single-family residence is also included, currently leased. This presents a significant income stream, further enhancing the investment potential. A 5G cell tower land lease generates substantial annual income of $76,549.80 plus 40% of real estate taxes, with five-year renewal options. This combined offering provides a compelling opportunity for investors seeking a diversified portfolio with strong cash flow and long-term growth potential. The address is 505-509 Pleasant Valley Avenue, Moorestown, NJ 08057.

• Alternative Use

  Use

  Valuation

  Residential

  $2,749,293

  Hospitality

  $2,518,338

  Educational

  $2,095,228

  Medical

  $2,167,286

  Retail

  $3,259,243

Location Insight

City

Moorestown

County

Burlington

State

New Jersey

Latitude

39.9497

Longitude

-74.9511

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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