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    Hammonton Office & Warehouse Opportunity Title is generated by Realmo AI

    601-607 WHITE HORSE PIKE, Hammonton, NJ 08037

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    Claim this Listing
    For Sale
    $899,000

    CommercialSale - HAMMONTON, NJ

    Property size:
    7,823 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $114/SF
    Added:
    Mar 27, 2026
    Days on Market:
    72
    Last Refresh:
    Jun 6 at 4:06 am

    Property Features for 601-607 WHITE HORSE PIKE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    7,823 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7560

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1924
    Architectural style
    Other

    We can help!

    Listing Contact
    Dawn Varallo

    Listing agent Dawn Varallo

    Listing office BHHS Fox & Roach Marlton-Voorhees Home Marketing Center 7000 Lincoln Drive East Suite 106, NJ

    Listing date Mar 27, 2026

    MLS# NJCD2113924 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two commercial buildings for the price of one.
    • High‑traffic location on the White Horse Pike with excellent signage and exposure.
    • Versatile commercial space ideal for contractors, trades, distribution, professional services, or investment.
    • Ample parking to accommodate staff, customers, and commercial vehicles.
    • Easy access to major highways, including Routes 30, 206, and the AC Expressway.
    • Multiple units offering flexible configurations for owner occupants or tenants.

    Overview

    This commercial property in Hammonton, NJ, presents a prime opportunity with two commercial buildings available for the price of one. The versatile space is ideal for contractors, trades, distribution, professional services, or investment purposes. The property features multiple units, offering flexible configurations suitable for owner-occupants or tenants. The warehouse includes a private office, break area, lounge area, and two bathrooms, providing a blend of administrative and operational space. Ample parking is available to accommodate staff, customers, and commercial vehicles. Situated on the White Horse Pike, the property benefits from high traffic, excellent signage, and exposure. It also offers easy access to major highways, including Routes 30, 206, and the AC Expressway. The buildings feature well-maintained office suites suitable for administrative, professional, or retail use, along with warehouse bays that have generous ceiling height and loading access. Separate entrances for each unit allow for multi-tenant use. Updated utilities and functional layouts are in place. The large 0.24-acre lot provides room for operations, storage, or future expansion, subject to approvals. The property size totals 7,823 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hammonton
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.77046
    Latitude
    39.631

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    FAQs

    What type of property is this?
    Flex space - Two commercial buildings in a prime location for the price of one.
    Where is this flex space located?
    The property is located at 601-607 WHITE HORSE PIKE Hammonton, NJ.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Two commercial buildings for the price of one.; High‑traffic location on the White Horse Pike with excellent signage and exposure.; Versatile commercial space ideal for contractors, trades, distribution, professional services, or investment.
    (856) 381-7884
    We can help!
    Listing Contact
    Dawn Varallo
    Real Estate License ID: RS361696
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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.

    More about this property
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    601-607 WHITE HORSE PIKE, HAMMONTON, NJ 08037
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