Retail Storefront with
For Sale
$450,000
834 W BROWNING Road, Bellmawr, NJ 08031
Commercial Sale, BELLMAWR, NJ
Property Size3,700 SF
Price / SF$121.62
Days on Market464
Property Features for 834 W BROWNING Road
General Information
Property type
Other
Property subtype
Retail
Parking
17
Parking features
Parking Lot
Elementary school district
BLACK HORSE PIKE REGIONAL SCHOOLS
Middle school district
BLACK HORSE PIKE REGIONAL SCHOOLS
High school district
BLACK HORSE PIKE REGIONAL SCHOOLS
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
13150
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
large windows
spacious paved on-site parking lot
Building Details
Year built
1946
Building materials
Block
Listing Agency:
Century 21 Reilly Realtors · Century 21 Real Estate
(856) 767-1776
Listed By:
Charles A Maimone Sr. · License #7816854
(856) 767-1776
Added: May 23, 2025
Changed: Aug 19
Last Checked: Aug 29 at 3:06AM
MLS# NJCD2094176
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.
Investment Insights
Based on property information with market context.
This 3,700-square-foot storefront property at 834 W Browning Road provides a dedicated commercial building for retail use. The structure was built in 1946 and features block construction, large display windows, gas-fired forced-air heat, and central air conditioning. A paved parking lot is located on the property.
The building sits near major roadways, shopping, and surrounding businesses in Bellmawr, providing a commercial setting along W Browning Road. The roof, HVAC system, and A/C were reported to be approximately 3 years old, adding useful context for evaluating the existing improvements.
The building sits near major roadways, shopping, and surrounding businesses in Bellmawr, providing a commercial setting along W Browning Road. The roof, HVAC system, and A/C were reported to be approximately 3 years old, adding useful context for evaluating the existing improvements.
Key Highlights
- 3,700 sq. ft. commercial retail building
- Paved on‑site parking lot
- Large windows provide storefront exposure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,625
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$712,500
$712.5K
Cap Rate 7%
$508,929
$508.9K
Cap Rate 9%
$395,833
$395.8K
Market Conditions
NOI Build-Up for 3,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.5K $15.00/SF
− Vacancy
−$4.6K −$1.25/SF
EGI
$50.9K $13.76/SF
− OpEx
−$15.3K −$4.13/SF
NOI
$35.6K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$712,500
Cap Rate 7%
$508,929
Cap Rate 9%
$395,833
Alternative Uses
Best Use
Specialty Retail
$667.2K
$583.8K – $778.4K
NOI $46,703 @ 7.0% cap · market cap 10.38%
Second Best
Retail
$508.9K
$445.3K – $593.8K
NOI $35,625 @ 7.0% cap · market cap 7.92%
Theoretical Best
Office A
$938.2K
$820.9K – $1.09M
NOI $65,671 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
137k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 30%
Dining 20%
Electronics 4%
Wawa
Shops & Services
41,569 visits/mo
0.5 miles
ShopRite
Groceries
41,037 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,322 visits/mo
0.4 miles
Dunkin' Donuts
Dining
12,271 visits/mo
0.4 miles
KFC
Dining
8,455 visits/mo
0.5 miles
Demographics for 08031, NJ
11,707
Population
5,118
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
3,902
Density / Sq Mi
$74,812
Median Household Income
$46,043
Median Earnings
$1,141
Median Rent
$216,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Block construction, central air, and a paved lot define the existing commercial improvements.
Where is this storefront property located?
The property is located at 834 W BROWNING Road Bellmawr, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,700 sq. ft. commercial retail building; Paved on‑site parking lot; Large windows provide storefront exposure
