1300 Wheaton AveMillville, NJ 08332

Property Details for 1300 Wheaton Ave

Lot size

27.56 AC

Zone code

I-1

Property type

Industrial properties

APN

10 00260-0000-00005

APU

1000260000000005

Description

This exceptional 77,000-square-foot industrial property, located at 1300 Wheaton Ave in Millville, New Jersey, presents a unique investment opportunity. The single-tenant building sits on 27.17 acres of land in Cumberland County and features a 20-foot ceiling height. Previously used for glass production, the facility is ideally suited for various manufacturing, warehouse, or distribution purposes. The property boasts ample parking. Importantly, this turnkey operation includes an existing New Jersey state license, municipal cultivation and processing resolutions, and approved plans, making it ready for immediate occupancy. This represents a significant advantage for businesses seeking a streamlined entry into the cannabis cultivation and processing industry. The grandfathered cannabis lease assumption further enhances the value proposition. The property's size, location, and existing approvals make it an attractive investment for both established and emerging cannabis operators seeking to expand their operations in a thriving market. The one-story building offers significant potential for future growth and development. This is a rare opportunity to acquire a fully licensed and permitted facility, eliminating significant time and cost associated with obtaining necessary approvals. The property's zoning and existing infrastructure are well-suited for a variety of industrial uses beyond cannabis cultivation and processing. The expansive acreage provides ample room for expansion or future development. This property is ready for immediate use and offers a significant return on investment. The zip code is 08332.

• Alternative Use

  Use

  Valuation

  Residential

  $397,015,424

  Hospitality

  $363,664,000

  Educational

  $302,564,192

  Medical

  $312,969,824

  Retail

  $470,655,392

Location Insight

City

Millville

County

Cumberland

State

New Jersey

Latitude

39.41

Longitude

-75.0346

CBSA code

47220

CBSA name

VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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