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    Restaurant/Pizzeria Opportunity on White Horse Pike Title is generated by Realmo AI

    1001 W White Horse Pike, Egg Harbor City, NJ 08215

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    Claim this Listing
    For Sale
    $399,000

    COMMERCIAL - Egg Harbor City, NJ

    Lot size:
    0.41 Acres
    Added:
    Jun 22, 2025
    Days on Market:
    350
    Last Refresh:
    Jun 6 at 2:06 am

    Property Features for 1001 W White Horse Pike

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    HC-2
    Security features
    Security System
    Interior features
    Restroom, Security System, Smoke/Fire Alarm, Storage
    Exterior features
    Fence, Sign, Storage Building
    Fencing
    Fenced
    Standard status
    Active
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5131

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Roof type
    Asphalt
    Additional Structures
    Storage

    We can help!

    Listing Contact
    DOUGLAS KURTZ

    Listing agent DOUGLAS KURTZ License #0337467

    Listing office BHHS DIVERSIFIED REALTY 28 S NEW YORK RD SUITE B-4, NJ

    Listing date Jun 22, 2025

    MLS# 597560

    Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Active, operating pizzeria and restaurant business included in the sale.
    • High‑traffic location on White Horse Pike in Galloway Twp.
    • All real estate, fixtures, and equipment are included in the purchase.
    • Features a large dining area with seating for 40 (max occupancy 50) and a large outdoor patio for additional seating.
    • Includes equipment for selling soft serve and milkshakes, plus a walk‑up window for take‑out and ice cream.
    • Ample parking with 40 paved and marked spots.

    Overview

    This is an opportunity to own an active operating restaurant and pizzeria. The South End IV pizzeria and restaurant is located on White Horse Pike in Egg Harbor City, New Jersey. The property includes equipment for selling soft serve and milkshakes. A walk-up window provides take-out and ice cream service. The large dining area features booths and tables with chairs, with current seating for 40 and a maximum occupancy of 50. The sale includes all real estate, fixtures, and equipment. The property also features two storage sheds, an outdoor employee area, and trash and cooking oil storage, all behind a tall vinyl fence. There is a paved parking lot with 40 spots and a large outside patio for additional seating. The lot size is 0.41 acres. The zoning is HC-2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store HVAC Service Grocery & Convenience Store Electronics & Wireless Store Computer & Electronic Repair Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Egg Harbor City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.623999
    Latitude
    39.513145

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    FAQs

    What type of property is this?
    Conventional restaurant - Active restaurant/pizzeria with equipment, seating, and parking.
    Where is this conventional restaurant located?
    The property is located at 1001 W White Horse Pike Egg Harbor City, NJ.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Active, operating pizzeria and restaurant business included in the sale.; High‑traffic location on White Horse Pike in Galloway Twp.; All real estate, fixtures, and equipment are included in the purchase.
    (609) 892-5723
    We can help!
    Listing Contact
    DOUGLAS KURTZ
    Real Estate License ID: 0337467
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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