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    4 Black Horse Pike Blackwood, NJ 08012

    For Sale
    $120,000

    1800 sq ft Retail Space - Redevelopment Opportunity

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This 1,800 square foot retail space, located at 4 Black Horse Pike Unit 4, Blackwood, NJ, presents a unique investment opportunity. Situated on a 0.04-acre lot, the property is part of a revitalizing Art District currently undergoing significant improvements. The building has already been approved for and is actively receiving a substantial grant-funded renovation. This includes a fresh coat of exterior paint, new awnings, and updated lighting, enhancing curb appeal and attracting increased foot traffic. The entire strip of properties is participating in this redevelopment initiative, promising a complete transformation of the area early next year. The property is being sold "as-is," allowing the new owner the flexibility to customize the interior to perfectly match their business vision and capitalize on the impending neighborhood revitalization. This presents a chance to establish a business in a rapidly improving area with significant potential for growth and return on investment. The listed price is $120,000. Images showcasing the potential post-renovation aesthetic are available. Don't miss this chance to be part of Blackwood's exciting future.

    Property Features for 4 Black Horse Pike

    General Information

    Property type
    Retail properties
    Square Feet
    1,800 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Blackwood
    County
    Camden
    State
    New Jersey
    Longitude
    -75.06723
    Latitude
    39.8022

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    FAQs

    What type of property is this?
    Retail property - 1800 sq ft Retail Space - Redevelopment Opportunity
    Where is this retail property located?
    The property is located at 4 Black Horse Pike Blackwood, NJ.
    What is the asking price?
    The asking price for this property is $120,000.
    (856) 321-1212
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    4 Black Horse Pike Blackwood, NJ 08012
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    Realmo Value Estimation

    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.

    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.

    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
    4 Black Horse Pike Blackwood, NJ 08012
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