Listing Courtesy of: James Catanoso - deSatnick Real Estate LLC - North Wildwood
$2,900,000 affordable loan icon Calculate Payment

705 Route 9 Lower Township, NJ 08204

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Last updated on 9/24/2024 6:37 PM
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 t...ermination 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. Continue reading
MLS#
223043
Property Type
Other
Sewer
City Sewer

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Listing Courtesy of: James Catanoso - deSatnick Real Estate LLC - North Wildwood
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Cape May MLS. All Rights Reserved.
This content last refreshed on 9/24/2024 6:37 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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