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75
Map
$1,486,629*
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Commercial -
Off Market
111 KENNILWORTH ROAD
MARLTON, NJ 08053
Studio
0 Bath
$1,170,000 - $1,428,000
Reference Base Price*
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
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.
Unit Size
-
Days on Market
-
Land Size
5.01 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$706
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 10, 2021 | No longer available | - | |
No longer available | |||
Apr 15, 2021 | Relisted | $1,299,000 | |
Relisted | |||
Apr 11, 2021 | No longer available | - | |
No longer available | |||
Jun 10, 2020 | Price Decreased |
$1,299,000
↓ $201K
(13.4%)
|
|
Price Decreased | |||
Aug 7, 2019 | Price Decreased |
$1,500,000
↓ $250K
(14.3%)
|
|
Price Decreased |
Show More
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/12/2018
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Loft
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Loft
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James Moffa
Keller Williams Realty - Marlton
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