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    18 Broadway Pennsville, NJ 08070

    For Sale
    $995,000

    Established Auto Sales Business w/ 3 Lots

    Property size:
    2,055 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use investment opportunity in Pennsville, NJ, presents a unique chance to acquire an established auto sales business encompassing three lots and two buildings. The main auto sales building, located at 18 S. Broadway (Block 02701, Lot 0001), boasts approximately 250 square feet of space, including a dedicated mechanic's area and a substantial parking lot measuring 240 x 240 feet. A second building, situated at 28 S. Broadway (Block 02701, Lot 0008), offers approximately 1,817 square feet of retail/office space and ample parking on a 100 x 218-foot lot. Completing this impressive offering is a vacant 100 x 251-foot irregular lot (4 S. Broadway, Block 02701, Lot 0002), featuring a poured concrete slab and approved plans for a new building or garage. The approved plans for the vacant lot include a three-car garage with 10-foot garage doors. The total land area encompasses 1.2 acres. The property's prime location and existing infrastructure provide immediate income potential and significant future development possibilities. This turnkey operation offers a rare combination of established business and substantial expansion potential, making it an ideal investment for discerning buyers. The total building square footage is approximately 2,055 square feet. The property is listed for $995,000.

    Property Features for 18 Broadway

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,055 SF
    Lot Size
    52,272 SF

    Building Details

    Year Built
    1986
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pennsville
    County
    Salem
    State
    New Jersey
    Longitude
    -75.5209
    Latitude
    39.65462

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    FAQs

    What type of property is this?
    Mixed-use property - Established Auto Sales Business w/ 3 Lots
    Where is this mixed-use property located?
    The property is located at 18 Broadway Pennsville, NJ.
    What is the asking price?
    The asking price for this property is $995,000.
    (609) 588-6888
    Request Owner's contact information
    18 Broadway Pennsville, NJ 08070
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    Pennsville, NJ 08070
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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
    18 Broadway Pennsville, NJ 08070
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