Online Auction Nov. 13-15, 2023.
Development Opportunity in South Jersey Approximately 25 Miles South of Philadelphia
Zoned Rg-C, Regional Growth Commercial Allowing for Flexible Uses including Retail and Professional Office
Incredible Visibility and Access to over 20,000 VPD along Black Horse Pike
Growing Consumer Base and Attractive Demographics with 5-Mile Population of ±82,601 and Annual Household Income of Auction - NO Reserve.
Marcus & Millichap and RI Marketplace are pleased to present a 1.86-Acre land parcel located at 685 S Black Horse Pike (the “Property”) in Williamstown, New Jersey approximately 25 miles south of Philadelphia. The Property offers an exceptional investment opportunity via development in an affluent market and first bid meets reserve.
The Property consists of a ±1.86-Acre land parcel along NJ Route 322 (Black Horse Pike) and benefiting from direct access and visibility to ±20,779 vehicles per day. The Property is currently zoned Rg-C, Regional Growth Commercial, intended to provide for commercial uses normally requiring a larger area and generating a greater intensity of traffic and usage serving the needs of the immediate community and the larger regions.
Williamstown is located within Monroe Township (Southern New Jersey), approximately 25 miles south of Philadelphia. The Parcel benefits from excellent street frontage and presence on South Black Horse Pike with traffic counts of ±20,779 vehicles per day. The Property is easily accessible and positioned just 2-miles from both the Atlantic City Expressway offering convenient access to the greater area and ±40 minutes from Downtown Philadelphia. As of 2023, the Property's demographics have ±82,601 individuals residing within a 5-mile radius, with an average household income of ± 06,936. The area has benefited from significant population growth of ±6.22% from 2010-2023 and will continue to benefit from a population that is expanding, with ±3.76% growth projected from 2023-2028 (5-mile radius).
Richard G. Warner
Fisher Auction Company Inc.