Gloucester
388 FRIES MILL
1 /
35
Map
$1,894,151*
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Commercial -
Off Market
388 FRIES MILL
SEWELL, NJ 08322
Studio
0 Bath
$1,166,000 - $1,424,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Keller Williams Realty is pleased to offer one of two very
strategic commercial corner properties. Both of which are currently
listed, owned by the client, and are right across the street from
each other. This particular corner site is located at 388 Fries
Mill Road, is 7.31 acres (396~ x 1246~) with frontage on Fries Mill
and Glassboro Cross Keys. It has a cinder block building on it,
that is a definite tear down. There are no environmental
issues...according to the owners. There is a small portion of
wetland, on the back side. A very strategic positioned parcel that
is directly across from Speed Gas and diagonally across from a
newer CVS. There~s simply not many sites left like this. This lot
allows for significant development. Most importantly it has public
water & sewer ...along with South Jersey Gas and Atlantic City
Electric on Fries Mill Road right in front of the lot. There~s also
a sewerage pumping station less than 250 feet down the street. It
most certainly is a Prime location situated at a signalized corner
intersection...in a very fast growing urban/rural setting. Walking
distance to Scotland Run Golf Club. A new 200 Home Adult 55 area,
Sterling Glenn, expanding rapidly, is also right down the street.
Many new housing developments, recently built strip shopping
centers, and adjacent to many apartment complexes, and residential
houses, and is in close proximity to high end shopping and dining.
Minutes to Route 42 and the Atlantic City Expressway. It is also
conveniently located between two hospital medical buildings, rehab
centers, and will be less than 15 minutes to the coming soon State
of the Art brand new teaching hospital. This property offers a wide
range of opportunities to end-users or developers such as office,
medical, retail, restaurant, recreational, multifamily, etc. The
location enjoys easy proximity to Rowan University...less than 10
minutes away, the city, and many other amenities. This property is
close to major metropolitan areas, and just a short drive to the
Jersey Shore. It is strategically located & the area is accessible
by I-76/I-95/I-295/I-476/I-676, Rt. 42, PA & NJ Turnpikes, &
Atlantic City Expressway. Local I-295 & NJ Turnpike & Routes 41,42
& 55 service many of the local industrial parks, & office
complexes. Easy access to the Commodore Barry, Walt Whitman, & Ben
Franklin Bridges. Very healthy demographics in the 5-10 Mile trade
area.
Unit Size
-
Days on Market
-
Land Size
7.31 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$9,742
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 16, 2019 | No longer available | - | |
No longer available | |||
Apr 25, 2019 | Price Decreased |
$1,295,000
↓ $205K
(13.7%)
|
|
Price Decreased | |||
Mar 27, 2019 | Listed | $1,500,000 | |
Listed |
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 |
---|---|---|---|---|---|---|---|---|
03/27/2019
|
|
Studio
|
-
|
-
|
$1,500,000
Studio
-
|
-
-
|
-
|
-
|