Freestanding Retail
For Sale
$199,900
1 CAMAC AVENUE, Mays Landing, NJ 08330
The interior has recessed lighting, laminate floors, and partial central air conditioning.
Property Size1,836 SF
Price / SF$108.88
Days on Market13
Property Features for 1 CAMAC AVENUE
General Information
Standard status
Active
Size
1,836 SF
Property subtype
Commercial
Building Details
Year Built
1954
Listing Agency:
Keller Williams Realty - Atlantic Shore
(609) 484-9890
Listed By:
Andrew Rosenberg · License #2334869
(856) 305-7897
Source:
Cummingsrealtors
Added: Sep 24
Changed: Oct 6
Last Checked: Oct 5 at 6:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty - Atlantic Shore
Investment Insights
Based on property information with market context.
This freestanding retail building contains 1,836 square feet and dates to 1954. Interior features include recessed lighting, laminate flooring, and partial central air conditioning. The space is described as suitable for retail, contractor, or office use.
The property is on Route 40, just below Route 50, in Mays Landing, New Jersey.
The property is on Route 40, just below Route 50, in Mays Landing, New Jersey.
Key Highlights
- 1,836‑square‑foot freestanding building
- Route 40 location just below Route 50
- Recessed lighting and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,639
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,780
$352.8K
Cap Rate 7%
$251,986
$252.0K
Cap Rate 9%
$195,989
$196.0K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$27.5K $15.00/SF
− Vacancy
−$2.3K −$1.28/SF
EGI
$25.2K $13.73/SF
− OpEx
−$7.6K −$4.12/SF
NOI
$17.6K $9.61/SF
Area
Atlantic County, NJ
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,780
Cap Rate 7%
$251,986
Cap Rate 9%
$195,989
Alternative Uses
Best Use
Retail
$252.0K
$220.5K – $294.0K
NOI $17,639 @ 7.0% cap · market cap 8.82%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$683.7K
$598.3K – $797.7K
NOI $47,860 @ 7.0% cap · market cap 23.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 08330, NJ
29,548
Population
12,800
Households
2.3
Avg Household Size
41
Median Age
31%
College-Educated
94%
High-School Grad
127.4 sq mi
ZIP Area
232
Density / Sq Mi
$82,981
Median Household Income
$40,880
Median Earnings
$1,576
Median Rent
$230,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - The interior has recessed lighting, laminate floors, and partial central air conditioning.
Where is this retail space located?
The property is located at 1 CAMAC AVENUE Mays Landing, NJ.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,836‑square‑foot freestanding building; Route 40 location just below Route 50; Recessed lighting and laminate flooring
