9101 Riv RdPennsauken Township, NJ 08110

Property Details for 9101 Riv Rd

Construction

CONCRETE BLOCKS

Lot size

1.73 AC

Property type

Commercial real estate

APN

27 01802-0000-00003

APU

2701802000000003

Description

This exceptional 8,940-square-foot industrial distribution center is ideally situated at 9101 River Road. The single-tenant building boasts a Class B rating and offers immediate occupancy. The property features a generous 2.2 acres of paved parking, partially fenced for enhanced security. Loading and unloading are efficient with 21 dock-high doors and one drive-in bay, ensuring smooth operations. The building's single-story design optimizes space and functionality. Its zoning designation is "In," providing flexibility for various industrial uses. The property's strategic location offers excellent highway access, making it an attractive option for businesses requiring convenient transportation links. The substantial 21 dock positions provide ample capacity for high-volume shipping and receiving. This well-maintained facility presents a rare opportunity for a business seeking a functional and strategically located distribution center. The ample parking area accommodates both employee and customer vehicles. The combination of size, features, and location makes this property a highly desirable asset in the current market. The property is ready for immediate occupancy, allowing for a quick start to operations. Serious inquiries are encouraged to explore this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $19,215,000

  6.5%

  $17,737,000

  7%

  $16,470,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,825,890

  Geo Method

  $9,825,890

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $33,438,400

  Retail / Commercial

  $17,437,100

  Mixed-Use / Specialty

  $17,603,500

  Hospitality / Lodging

  $13,212,700

  Office

  $17,737,000

  Institutional / Educational

  $18,382,200

  Residential Income

  $21,507,200

  Multifamily

  $24,527,500

  Automotive / Energy

  $15,756,200

  Parking / Income-Based Land

  $5,211,460

  Restaurant / Food Service

  $9,643,480

  Healthcare / Senior Housing

  $17,817,700

Location Insight

City

Pennsauken

County

Camden

State

New Jersey

Latitude

39.9884

Longitude

-75.0448

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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