MLS: 223043   Price:  $2,900,000 
 
Lower Township, New Jersey 


11.85 acres just a short distance to Cape May and the Wildwoods. Currently used as a solar field. This property once had approvals for approximately 48 three bedroom, two bath townhouses (see pictures and associated docs for plans). There are approximately six years left on the solar lease. At the termination of the lease in January 2028, the solar panels become property of the property owner. Currently, solar panels are owned and maintained by a third party company. Property and office building are being sold strictly in "AS-IS" condition. Solar panels have an expected life usage of 25 years, which gives the new owner the opportunity to continue the solar field operation (approximately 10 years left). Keep the panels or remove and pursue development opportunities.

 

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PROPERTY SPECIFICATIONS                                                                        
 Type: Commercial/Industrial
 Lot Size: 11.85 acre
 Frontage:

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PROPERTY FEATURES

  * LOCATION
      Mainland
      Other (See Remarks)

  * EXTERIOR FEATURES
      Other (See Remarks)

  * AVAILABLE
      Lease Information
      Other (See Remarks)

  * HEATING
      No Heating

  * COOLING
      Other (See Remarks)

  * WATER
      City

  * SEWER
      City

  * FINANCING AVAILABLE
      Conventional

  * TYPE
      Commercial


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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified.




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