252 DELSEA DR Active Save Request In-Person Tour Request Virtual Tour
Sewell,NJ 08080
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJGL2041962
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $6,693
Tax Year 2022
Lot Size 7.692 Acres
Acres 7.69
Lot Dimensions 600' x 1000' IRR
Property Description
This parcel of land presents a rare opportunity for visionary investors and developers in a market where demand for commercial and flex-warehouse space is soaring.
Key Highlights:
Strategic Location & Size: Located in the thriving community of Washington Township, this expansive property boasts easy access to major transportation routes, including Route 47, Route 55, and I-295. This connectivity makes it a prime location for commercial development, offering unparalleled accessibility for businesses.
Use-Variance Approved for 32,000 Sqft Flex-Warehouse: Capitalize on the recent use-variance approval for a substantial 32,000sqft flex-warehouse development. This flexibility opens doors to numerous possibilities, catering to a diverse array of businesses such as startups, small businesses, contractors, e-commerce companies, technology and creative firms, artists and artisans, etc.
Surging Market Value: Post-2020 has seen a significant uptick in flex-warehouse demand, a trend that aligns perfectly with the potential of 252 Delsea Drive. The evolving landscape of the commercial real estate market underscores the value of this property as a strategic investment.
Development-Ready Canvas: With no existing structures, this property offers a blank canvas for developers. It's an opportunity to design and build state-of-the-art facilities tailored to the evolving needs of businesses in the post-pandemic era. The lack of existing development means fewer initial obstacles and more creative freedom.
Investment Rationale:
The subject property at 252 Delsea Drive is more than just land; it's a gateway to a thriving future in commercial real estate. The combination of its size, strategic location, and flexible use potential makes it an attractive investment. The surge in demand for flex-warehouse spaces, driven by e-commerce and supply chain innovations, positions this property as a high-value asset in the current and future real estate market. It represents an exciting opportunity to contribute to the economic growth and development of Washington Township, NJ; while capitalizing on the increasing demand in a niche but rapidly growing sector of the real estate market.
Location
State NJ
County Gloucester
Area Washington Twp (20818)
Zoning HC
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer No Septic System
Water None
Schools
School District Washington Township
Others
Tax ID 18-00017-00003 01
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard