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- LoopNet Team
1664 Route 38
Mount Holly, NJ 08060
Development opportunity for retail/ housing · Land For Sale
·
1.60 AC
INVESTMENT HIGHLIGHTS
- Lumberton Lot is approved for 20,000 sf shopping plaza
- Over 300ft of Frontage on Rt 38 E
- 300 unit apt complex south of Lumberton Lot
- Property on Traffic Light Intersection and Jug handle
- Surrounded by Major Retailers
- Will Consider Sale/Lease option
PROPERTY FACTS
DESCRIPTION
Vacant land divided by two townships, Mt. Holly and Lumberton. Mt. Holly lot is 1.6 acres and Lumberton lot is 4 acres. zoning is B-2 for both lots. There is an approval of 20,000 SF shopping center for Lumberton lot. All utilities are at the curb including public sewer. Located at signalized intersection (With Jug handle providing full access from both directions of Route 38). Surrounding by Major Retailers including McDonalds, Walmart, Wawa, and Lowes. Easy access to the NJ Turnpike, I-295, and US-206. Traffic counts exceeding 40,000 VPD. Ideal for retail, restaurant medical and bank users. Strong suburban demographics. Strong daytime employment nearby. Excellent visibility. Route 38 is a major commercial corridor. This is the perfect location for retail developers to construct a huge shopping plaza in both lots. May consider a joint venture for potential developers. FOR SALE BY OWNER. May Consider the Ground Lease for either lot with option to purchase.
PROPERTY TAXES
| Parcel Number | 23-00117-02-00001 | Improvements Assessment | $0 |
| Land Assessment | $70,000 | Total Assessment | $70,000 |
PROPERTY TAXES
