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252 Delsea Dr - 32,000 SQFT FLEX-WAREHOUSE

7.69 Acres of Commercial Land Offered at $990,777 CAD in Sewell, NJ 08080

Investment Highlights

  • Strategic Location & Size
  • Surging Market Value
  • Use-Variance Approved for 32,000 SqFt Flex Warehouse Development

Executive Summary

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.

Property Facts

Price $990,777 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Warehouse
Total Lot Size 7.69 AC

1 Lot Available

Lot 3.01

Price $990,777 CAD
Price Per AC $128,840 CAD
Lot Size 7.69 AC

Block 17, Lot 3.01; 7.69+/- Acres on Delsea Drive (NJ Route 47).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-00017-0000-00003-01
Land Assessment
$272,853 CAD
Improvements Assessment
$0 CAD
Total Assessment
$272,853 CAD

zoning

Zoning Code HC (Highway Commercial (HC) Zoning and Delsea Redevelopment Overlay)
HC (Highway Commercial (HC) Zoning and Delsea Redevelopment Overlay)
  • Listing ID: 30451892

  • Date on Market: 2023-12-27

  • Last Updated:

  • Address: 252 Delsea Dr, Sewell, NJ 08080

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