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    3 5 7 Somerdale, NJ 08083

    For Sale
    $550,000

    High-traffic location, 3,000 sq ft.

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents three contiguous retail units totaling over 3,000 square feet, situated at 3, 5, and 7 North White Horse Pike in Somerdale, New Jersey. The property sits on a 0.07-acre lot and enjoys a highly visible corner location at the intersection of White Horse Pike and Somerdale Road, directly across from a Super Wawa. This prime location ensures significant foot and vehicular traffic, providing exceptional exposure for any business. Currently configured as a strip mall, the owner has plans to demolish the existing structures, presenting a blank canvas for redevelopment. The three individual addresses, while currently connected, are sold as a single package, offering flexibility for a variety of uses. This is an ideal opportunity for an investor or developer seeking a high-traffic retail location with significant redevelopment potential. The combined square footage offers ample space for a single large tenant or the potential to subdivide for multiple smaller businesses. The property's strategic location and high visibility make it an attractive proposition for a wide range of commercial ventures. Note that an adjacent property at 1 North White Horse Pike (Cunningham Cleaners) is also available for sale separately. This presents the possibility of acquiring the entire block for a larger-scale development project.

    Property Features for 3 5 7

    General Information

    Property type
    Retail properties
    Square Feet
    3,000 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1967
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Somerdale
    County
    Camden
    State
    New Jersey
    Longitude
    -75.01888
    Latitude
    39.84435

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 3,000 sq ft.
    Where is this retail property located?
    The property is located at 3 5 7 Somerdale, NJ.
    What is the asking price?
    The asking price for this property is $550,000.
    (856) 235-1950
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    3 5 7 Somerdale, NJ 08083
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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
    3 5 7 Somerdale, NJ 08083
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