8400 Remington AvePennsauken Township, NJ 08110

Property Details for 8400 Remington Ave

Year built

1987

Construction

CONCRETE BLOCKS

Lot size

2.39 AC

Zone code

LI

Property type

Industrial properties

APN

27 02002-0000-00001

APU

2702002000000001

Description

This exceptional industrial property, located at 8400 Remington, offers a versatile warehouse space ideal for distribution or manufacturing. The building boasts a total area of 15,040 square feet, with one unit currently available for lease. A significant feature is the inclusion of 5,522 square feet of office/showroom space, providing ample room for administrative functions or client interaction. The warehouse itself benefits from impressive 21-foot clear ceiling heights, maximizing storage capacity and operational efficiency. Loading and unloading are facilitated by two convenient tailgate loading doors and a single drive-in door, ensuring smooth and efficient material handling. The property's strategic location provides excellent highway access, simplifying transportation and logistics for businesses operating within the area. This is a multi-tenant building, offering a dynamic and collaborative environment. The available space presents a unique opportunity for businesses seeking a well-appointed and strategically located warehouse facility. The combination of office space, high ceilings, multiple loading options, and prime highway access makes this property an attractive option for a variety of industrial uses. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $50,201,800

  6.5%

  $46,340,100

  7%

  $43,030,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,764,400

  Geo Method

  $21,764,400

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $24,166,200

  Mixed-Use / Specialty

  $24,397,800

  Hospitality / Lodging

  $18,313,600

  Office

  $24,583,900

  Institutional / Educational

  $25,477,500

  Residential Income

  $29,808,600

  Multifamily

  $33,989,300

  Automotive / Energy

  $21,837,800

  Parking / Income-Based Land

  $7,222,030

  Restaurant / Food Service

  $13,367,700

  Healthcare / Senior Housing

  $24,693,700

Location Insight

City

Pennsauken

County

Camden

State

New Jersey

Latitude

39.9838

Longitude

-75.0276

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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