x
Foreclosure
Address
111 Kennilworth Road Marlton, NJ
Price
$ 1,500,000
Property Attributes
  • MLS#1002225612
  • TypeCommercial
  • CountyBURLINGTON
  • CityMarlton
  • AreaEvesham Twp
  • Zip08053
  • StyleInstitutional,Apartment Building,Shopping Center,M
  • Taxes706
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5
  • Lot Size5.01 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 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.

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

General Features

Accessibility None
Business Type Institutional, Apartment Building, Shopping Center, Medical, Bed and Breakfast, Hotel/Motel, Marina, Recreation, Storage, Warehouse, Other
Cool Fuel None
County BURLINGTON
Location Type Urban
MLS Area Evesham Twp (20313)
New Construction No
Ownership Fee Simple
Possession Immediate
Property SubType Office
Property Type Commercial Sale
Tax Year 2017
Vacation Rental Y/N No
Zoning RD-3

Interior Features

Central Air Y/N No
Cooling Other, None
Heating Other, None
Heating Fuel None
Heating Y/N Yes
Hot Water Other, None

Exterior Features

Building Area Total 0.00
Construction Materials Other
Exterior Amenities Highway Exposure
Lot Dimensions IRR
Lot Size Acres 5.01
Lot Size Source Assessor
Lot Size Square Feet 218061.00
Navigable Water Y/N No
Road Surface Type US Highway/Interstate, Other
Roadresponsibility Boro/Township, State, Private
Sewer On Site Septic
Type of Parking None
Water Access Y/N No
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 $620K
$1.5M
Taxes
AVG $10,815
$706
Visits
AVG 67
65
Walkscore
AVG 40
12
Data Provided by Walkscore ® not using MLS data

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