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 Income
$25,878,658
Hospitality / Lodging
$23,704,712
Institutional / Educational
$19,722,042
Healthcare / Senior Housing
$20,400,312
Retail / Commercial
$30,678,732
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
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Mantua Pike Wenonah, NJ 08090
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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