The subject property is a 4.5~ acre parcel of land situated at the corner of Independence Blvd and Williamstown - Erial Rd. Currently approved for a 58-unit, 58,000sqft assisted living facility, 2 Independence Blvd has plans to house 116 clients and capitalize on the aging local population. Located in the heart of Sicklerville and surrounded by significant local locations on Berlin - Cross Keys Rd, Chews Landing Rd and Williamstown - Erial Rd, along with thousands of additional residential dwellings in the immediate vicinity; the significant redevelopment occurring in this area coupled with the property's access to multiple high-traffic roadways make this an ideal investment to capitalize on the area's upward momentum. This property offers a unique opportunity to save valuable time by bypassing the lengthy approval process that's typically endured when applying for approvals of this nature. All that's required to start construction are: 1) approved architectural plans, 2) the posting of necessary bonds/escrows, and 3) construction permit approval.
|--||New Value: $1,250,000|
|8/23/2018 4:14:00 PM|