Technical
Financial
Distress signals
Property profile

216 White Horse Pike Clementon, NJ 08021

OFF-MARKET
Commercial real estate
Property ID
US59-3063679
0.25 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 216 White Horse Pike in Clementon, NJ 08021, presents a unique investment opportunity. The 5,200 square foot building, constructed in 1960 and completely renovated in 2024, boasts a versatile layout ideal for a variety of commercial and residential uses. Currently configured with a fully renovated three-bedroom apartment and attached commercial/office space, the property offers significant rental income potential. The 3,800 square foot commercial space is available for lease. The building sits on a 0.26-acre lot and features eight parking spaces, a significant advantage given its Highway Commercial (HC) zoning. This zoning allows for a wide range of business types to thrive, capitalizing on the high volume of vehicular and pedestrian traffic on White Horse Pike. The property's prime location provides excellent visibility and convenient access to major highways, shopping centers, and local amenities. This two-story building offers a blend of residential and commercial space, making it an attractive option for both investors and business owners. The combination of a strong location, recent renovations, and flexible zoning makes this a rare opportunity in Southern New Jersey's thriving market.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.25 ac (10,846 SF)
APN 11 00075-0000-00022
UPID US59-3063679

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

216 White Horse Pike Clementon, NJ 08021-4302
Clementon metro Census 608600 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$190k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2023
Last sale
$210,000
4 recorded transactions
2023
$210,000
2022
Price N/A
2014
Price N/A
2007
$300,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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