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    Professional Office Building For Lease Title is generated by Realmo AI

    149 WHITE HORSE Pike N, Lawnside, NJ 08045

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    For Lease
    $2,000 /Mo

    CommercialLease - LAWNSIDE, NJ

    Type:Office
    Lot size:
    0.40 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    53
    Last Refresh:
    May 17 at 11:06 am

    Property Features for 149 WHITE HORSE Pike N

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    5
    Parking features
    Parking Lot
    Standard status
    Active
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1935
    Building materials
    Frame

    We can help!

    Listing Contact
    Raymond O. Byard
    Raymond O. Byard

    Listing agent Raymond O. Byard License #7934844

    Listing office Raymond Byard Real Estate 170 Warwick Road, Lawnside, NJ

    Listing date Mar 26, 2026

    MLS# NJCD2113794

    Copyright © 2026 Bright 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

    • Highly visible location on White Horse Pike corridor.
    • Flexible layout suitable for various professional uses (medical, creative, service‑based).
    • Multiple leasing options and suite sizes available.
    • Convenient access to major highways and surrounding business districts.
    • First‑floor suite features a Florida Room, kitchenette, and shower.
    • Finished attic space suitable for storage or creative workspace.

    Overview

    This multi-suite professional office building is available for lease. The flexible layout offers multiple leasing options suitable for medical, professional, creative, or service-based users. The property is located on the highly visible White Horse Pike corridor. The first floor features a suite with a Florida Room, two bathrooms, a shower, a kitchenette, and three private offices measuring approximately 10x10, 14x20, and 11x23. An additional private suite, previously used as a salon, measuring approximately 14x19 is located across the hallway. On the second floor, multiple individual office suites are available, including Suite 204 (14x15 with extended storage closet), Suite 203 (9x10), Suite 202 (11x13), and Suite 201 (9x13). The third floor offers finished attic space measuring approximately 9x36, ideal for storage or creative workspace. The property is an excellent opportunity for tenants looking for affordable, flexible office space in a central Camden County location with convenient access to major highways and surrounding business districts. The lot size is 0.3967 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Weave Lounge Hair Salon Top Tier Glam Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawnside
    County
    Camden
    State
    New Jersey
    Longitude
    -75.04045
    Latitude
    39.86814

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    FAQs

    What type of property is this?
    Office building - Multi-suite office building with flexible leasing options in LAWNSIDE, NJ.
    Where is this office building located?
    The property is located at 149 WHITE HORSE Pike N Lawnside, NJ.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Highly visible location on White Horse Pike corridor.; Flexible layout suitable for various professional uses (medical, creative, service‑based).; Multiple leasing options and suite sizes available.
    (609) 820-7194
    We can help!
    Listing Contact
    Raymond O. Byard
    Raymond O. Byard
    Real Estate License ID: 7934844
    Learn More
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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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