Listed by HALO Realty
$185,000
Urban Enterprise Zone (UEZ) /2225 2nd Street
Details
Property Type Industrial
Sub Type Distribution, Flex
Tenancy Vacant
Acreage 3.000
Zoning Industrial /Urban Enterprise Zoned
Ground Lease No
Rare Industrial property near commercial businesses
Marketing description
RARE, infrastructure-ready 3.06-acre parcel within the I-1 Industrial District. This property is strategically positioned near major logistics hubs and offers significant tax advantages through its Urban Enterprise Zone (UEZ) designation.
Key Marketing Highlights
- Prime Industrial Location: 3.06 acres of vacant land located near the Millville Executive Airport and New Jersey Motorsports Park, providing a high-visibility, commercial-ready environment.
- Infrastructure Ready: Unlike raw acreage, this site is adjacent to the Delsea Gardens complex, offering a "shortcut" for municipal water and sewer connectivity, which can significantly reduce development costs.
- Flexible I-1 Zoning: Highly versatile zoning that permits a wide range of high-demand uses:
- Warehousing & Logistics
- Flex-Space
- Professional & Executive Offices
- Scientific or Research Laboratories
Investment highlights
- Status: Within Zone. The property is located in an area with I-1 (General Industry) zoning. Millville is part of a joint Millville/Vineland UEZ, and maps indicate the zone covers industrial corridors like the one along S 2nd Street.
- Benefits: Qualifying businesses in the
- UEZ
- can benefit from a reduced retail sales tax of 3.3125% (half the state rate) and exemptions on state sales tax for certain property, services, and construction materials
Listing Contacts
Listed by HALO Realty
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