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    501 Tansboro Rd Berlin, NJ 08009

    For Sale
    $995,000

    Prime Retail Location, 4,059 sqft, 3.6 acres

    Property size:
    4,059 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, situated at 501 Tansboro Road in Berlin, New Jersey, presents a compelling investment opportunity. The 4,059-square-foot building sits on a sizable 3.6-acre lot at the strategic intersection of Tansboro and Taunton Roads in Winslow Township. Currently occupied by a diverse mix of tenants including a pizza shop, convenience store, and dry cleaner, the property offers immediate income generation. One tenant is currently operating below market rent, presenting a significant opportunity to increase profitability upon lease renewal in January 2027. Projecting this adjustment to market rates, a cap rate of approximately 7% is achievable. The property's potential extends beyond its current occupancy. The building allows for expansion of over 2,000 square feet, catering to future growth and tenant needs. Furthermore, the property benefits from its location near a substantial new residential development. This development, comprising 142 single-family homes and 139 townhomes, is nearing completion with move-ins anticipated within the next year. This influx of new residents will significantly increase foot traffic and demand, driving up property value and rental income. This combination of existing income, expansion potential, and proximity to a burgeoning residential community makes this a truly unique and promising investment. The asking price is $995,000.

    Property Features for 501 Tansboro Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,059 SF
    Lot Size
    156,816 SF

    Building Details

    Year Built
    1988
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Camden
    State
    New Jersey
    Longitude
    -74.91985
    Latitude
    39.76916

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail Location, 4,059 sqft, 3.6 acres
    Where is this commercial real estate located?
    The property is located at 501 Tansboro Rd Berlin, NJ.
    What is the asking price?
    The asking price for this property is $995,000.
    (856) 457-4900
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    501 Tansboro Rd Berlin, NJ 08009
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    Berlin, NJ 08009
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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
    501 Tansboro Rd Berlin, NJ 08009
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