Foreclosure
Address
988 Route 73 S Marlton, NJ
Price
$ 1,299,000
Property Attributes
  • MLS#1002225484
  • TypeCommercial
  • CountyBURLINGTON
  • CityMarlton
  • AreaEvesham Twp
  • NeighborhoodNONE AVAILABLE
  • Zip08053
  • StyleInstitutional,Shopping Center,Medical,Hotel/Motel
  • Year Built1949
  • Taxes887
  • Price$ 1,299,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2020
  • Lot Size2.97 Acres
Listing Provided Courtesy Of:
Keller Williams Realty - Marlton
Property Description

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 parcels 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.

Price History
8/13/2018 Listed $2,000,000
1/23/2019 5% - $1,900,000
7/9/2019 8% - $1,750,000
8/5/2019 15% - $1,500,000
6/9/2020 14% - $1,299,000

General Features

Accessibility None
Business Type Institutional, Shopping Center, Medical, Hotel/Motel, Recreation
Construction Materials Block, CPVC/PVC, Mixed Plumbing, Metal Siding, Other, Vinyl Siding
Cool Fuel Other
Cooling Other
County BURLINGTON
Heating Other
Location Type Urban
MLS Area Evesham Twp (20313)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 643.07
Property SubType Office
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Septic Exists
Tax Year 2017
Vacation Rental Y/N No
Water Access Y/N No
Zoning C-2

Interior Features

Central Air Y/N No
Heating Fuel Other
Heating Y/N Yes
Hot Water Other
Utilities Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground, Above Ground

Exterior Features

Building Area Total 2020.00
Exterior Amenities Highway Exposure, Public Transport Nearby, Sign
Fencing Y/n No
Lot Dimensions IRR
Lot Size Acres 2.97
Lot Size Source Assessor
Lot Size Square Feet 129373.00
Navigable Water Y/N No
Road Surface Type US Highway/Interstate, Other
Roadresponsibility Boro/Township, State
Type of Parking None
Water Oriented Y/N No
Water Source Well
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08053

Price
AVG $330K
$1.3M
Taxes
AVG $6,387
$887
Visits
AVG 91
162
Year Built
AVG 1938
1949
Walkscore
AVG 48
21
Data Provided by Walkscore ® not using MLS data

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