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Property Detail

County Road 563
Expansive lot offering multiple business opportunities in a municipal redevelopment zone .

$Unpriced

Manufacturer: https://olehansen.com/

Description

  • Expansive lot offering multiple business opportunities in a municipal redevelopment zone offering tax abatement and favorable zoning standards.
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  • Located in the Industrial Zone for Galloway Twp, which permits various light industrial, commercial, and institutional uses.
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  • Pending legislation would classify the area as a Garden City Growth Zone, providing further tax and development incentives.
  • The Atlantic City International Airport can be reached in 10 mins for distribution, and light rail stops for employees are available in 12 mins.
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  • The site is five mins to the Atlantic City Expressway, connecting to Philadelphia in 55 mins, and only a two-hr drive to Baltimore and NYC.
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  • The property is also for lease with build-to-suit options available, and the lot can be subdivided based on business needs.

Executive Summary

This ±308 acre property offers prime industrial, commercial, or residential wooded land in Galloway Township. The lot can be subdivided based on business needs. The zoning for the lot is I-Zone for Galloway Township, which is the Industrial Zone. It permits various light industrial, commercial, and institutional uses, and the land also has a conditional overlay for age-restricted housing. The lot is located in a redevelopment zone, with possible state tax credits available for businesses creating new jobs and for the development of new residential, commercial, or industrial properties. See attached information for specific lot sizes and configurations and information sheet for zoning. Warehouse uses will require the preparation of a Redevelopment Plan to establish the developers specific needs on the property including size, height, site coverage, parking and setbacks.

Route 563 - Rte. 563, Galloway, NJ 300 ac Industrial Zone

Listing ID : 00921

SKU: 921

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