A very rare opportunity to own and develop some of the last prime commercial real estate sites on the highly desirable Route 73 Interstate in South Jersey. Several options do exist to acquire several of the adjacent properties. Any Developer could purchase these three parcels 50.04/Lot 3/, Block 50.03/Lot 2 /, & Block 225/Lot 11, that totals an estated 9 acres, or, in conjunction with this, purchase the adjacent 7.2 acre site (2 lots) to make an estimated 16.7 acres. There's also a Bank owned property in front of the two bigger lots which could be purchased. The 16.7 estimated acres wrap around that house. Additionally, the property to the right with the address 334 Route 73, is another 1.32 Acres....which is in front of the larger parcel Block 50.04 Lot 3. The Traffic count varies from an Estimated 40,000 to 50,000+. It's surrounded by a very Dominant Retail Trade area, Manufacturing, / Distribution and Industrial complexes and campuses. This property is located on Northbound Route 73, an area exploding from a redevelopment standpoint. Excellent Dense & Affluent Demographics surrounded by high income developments (Average $128,394.00), in a five mile radius. Superior location & access, it simply doesn't get any better than this,...this will continue to appreciate, as all the others have along Route 73. This is very suitable for development. Zoned C2 which allows many retail and commercial uses...but, may require a variance depending upon the use. Close to First Class medical facilities, Virtual Hospital is right down the street. These parcels have high visibility, high traffic count, & is strategically located along this corridor. Obviously, the possibilities are endless as to the many commercial uses. It's accessible by I-295, & Routes 38, 206, 73, 70, PA & NJ Turnpikes, & the Atlantic City Expressway & close proximity to center Philadelphia and Shore points. Within close proximity to the high end Promenade Shopping center, and minutes away from the Cherry Hill & Moorestown Malls, the Market Place at Garden State, & Centerton Square/Moorestown. It's approximately 30 minutes to center Philadelphia, about an hours drive to the Jersey Beaches, and 1.5 hours to New York City, not to mention that it's centrally located in the Tri State area. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra Bridge & Burlington/Bristol Bridge connecting with I-95 & Bucks County. Easily accessible to the Phila International Airport and Atlantic City's Int'l Airport.
|--||New Value: $1,900,000|
|8/13/2018 3:15:00 PM||New Value: $2,000,000|