Member News — NAI Hanson’s Schilp Arranges Sale to Help Bring Zip Line Adventure Park to Morris County
July 17th, 2018
NAI James E. Hanson announces it has arranged the sale of two parcels of land totaling 48 acres that have been approved for a zip line adventure park located at Mount Arlington Road and 1233 Route 46 in the Ledgewood section of Roxbury Township, N.J. NAI James E. Hanson’s John J. Schilp represented the seller, Darl Enterprises, LLC, in the sale to Flagstaff Extreme, LLC.
Flagstaff Extreme is an extreme adventure course located in Flagstaff, Arizona. The Arizona based buyer has similar parks throughout the mid-west and was looking to expand their operations into the northeast.
The two vacant land parcels were listed separately with the option to purchase together. The smaller of the two parcels, at .17 acres, offers high visibility frontage on Route 46. The larger parcel, at 48 acres, is heavily wooded with steep slopes, and has already been approved for a zip line recreation park. The parcels are conveniently located between Routes 80, 46 and 10 and offer a prime location less than an hour from New York City.
“The prior approval for this land to be converted into a zip line recreation park provided us with a unique selling proposition,” said Schilp. “We were able to leverage the location and strong demographics surrounding the area, in addition to the pre-approval, to attract a buyer that could envision the future success of this type of attraction in this market.”