1050 Mantua PikeWenonah, NJ 08090

  • Office properties
  • 1.65 AC
For Lease

Property Details for 1050 Mantua Pike

Lot size
1.65 AC
Property type
Office properties
Property subtype
Office buildings
APN
02 00423-0000-00004
APU
200423000000004

Description

601 Office Plaza offers 2,100 square feet of Class A office space for lease in Gloucester County. This multi-tenant building, constructed in 1985, features a desirable executive office or medical office layout. Situated on a 1.78-acre lot (77,928 sq ft), the two-story building boasts 8-foot ceilings and ample parking with 60+ spaces. Conveniently located near Parkville Station Road, the property offers excellent visibility and accessibility. Modern amenities include state-of-the-art elevators, enhancing both employee and client experiences. The open floor plan provides flexible layouts to accommodate various business needs. The property's zoning is commercial, and its APN is 02-00423-0000-00004-0000. This location provides easy access to transportation, dining, and other essential services, making it an ideal choice for businesses seeking a prestigious address with high-end amenities in a high-demand business district. The building features an elegant interior design and on-site open-air parking. This space is perfect for businesses prioritizing both employee well-being and client impressions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,609,042
    6.5%
    $20,869,886
    7%
    $19,379,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,369,629
    Geo Method
    $9,369,629
  • Alternative Use

    Use
    Valuation
    Residential
    $25,878,658
    Hospitality
    $23,704,712
    Educational
    $19,722,042
    Medical
    $20,400,312
    Retail
    $30,678,732
1050 Mantua Pike, Wenonah, New Jersey

Location Insight

City
Wenonah
County
Gloucester
State
New Jersey
Latitude
39.8073
Longitude
-75.1666
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$41,340
$572,500
$627,500
$1,200,000
-
$572,500
$627,500
$1,200,000

FAQs

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