Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1145 Thurman St Camden, NJ 08104

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $79,900

    Mixed-use property featuring a commercial space and residential units.

    Property size:
    2,768 SF
    Lot size:
    1.00 Acre

    Property Features for 1145 Thurman St

    General Information

    Standard status
    Active
    Size
    2,768 SF
    Lot size
    1.00 Acre

    Building Details

    Year built
    1910

    We can help!

    Listing Contact
    Patrick Gorman
    Patrick Gorman
    Source: Crexi

    Listing Agency: The Gorman Group Listing Agent: Patrick Gorman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Mixed-Use Property With Unique Features

    This mixed-use property includes a 1,000 sq ft commercial space on the first floor. The second floor features a 4-bedroom, 1-bathroom residential unit and a 2-bedroom, 1-bathroom unit in the rear. Unique features of the property include a rare underground garage, three different exterior entrances (front, side, and rear), and a large open roof concept skylight on the ceiling of the second floor. The property is being sold strictly as-is, and the buyer is responsible for the Certificate of Occupancy, as well as any potential reconnection or construction fees. The seller obtained the property via tax lien foreclosure and makes no guarantees or warranties as to the condition or accuracy of the information provided. The existing mixed-use consists of three units. The property size is 2,768 sq ft.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Camden
    County
    Camden
    State
    New Jersey
    Longitude
    -75.1060064
    Latitude
    39.9270967

    Nearby Similar for Sale

    • New
      $649,000
      3,804 SF

      Renovated Marlton Mixed-Use Opportunity

      Renovated mixed-use property in historic downtown Marlton with flexible C-3 zoning.
      15 W Main St, Marlton, NJ 08053
      View Details
    • $325,000
      2,575 SF

      Marlton Office Condo For Sale

      Move-in ready office condo near hospitals, retail, and highways.
      750-101A Route 73 S, Marlton, NJ 08053
      View Details
    • $325,000
      2,575 SF

      Marlton Office Condo For Sale

      Move-in ready office condo near hospitals, retail, and highways.
      750-101A Route 73 S, Marlton, NJ 08053
      View Details
    • $749,000
      7,500 SF

      Camden Commercial/Institutional Property For Sale

      Well-maintained 7,500 SF commercial property in Camden's Fairview section.
      3001 Fenwick Rd, Camden, NJ 08104
      View Details
    • $749,000
      8,716 SF

      Camden Commercial Building For Sale

      8,716 sq ft commercial building, ideal for daycare.
      548-554 State St, Camden, NJ 08102
      View Details
    • $499,900
      0.53 Acres

      Marlton Rancher with Business Potential

      Custom rancher in historic Marlton, ideal for living/business.
      30 Cooper Ave, Marlton, NJ 08053
      View Details
    • New
      $899,000
      12,290 SF

      Camden Flex Space Opportunity

      12,290 SF flex building on 0.17 acres for sale.
      2840 Mt. Ephraim Ave, Camden, NJ 08104
      View Details
    • $575,000
      3,600 SF

      Historic Camden Mixed-Use Building

      Historic mixed-use building with commercial space and residential units.
      601 Berkley St, Camden, NJ 08103
      View Details
    • Contact for pricing
      4,500 SF

      Corner Retail/Showroom with Warehouse

      Highly visible corner location with retail, warehouse, and storage.
      6300 Westfield Ave, Pennsauken, NJ 08110
      View Details
    • $499,900
      2,234 SF

      Pennsauken Triplex: Investment Opportunity

      Vacant triplex on a corner lot, ready for market rents.
      7504 Zimmerman Ave, Pennsauken, NJ 08110
      View Details
    • $199,900
      0.05 Acres

      Versatile Commercial Property on Haddon Avenue

      Two-story commercial property with office and residential units.
      1433 Haddon Ave, Camden, NJ 08103
      View Details
    • $499,900

      Pennsauken Triplex: Vacant Investment Opportunity

      Vacant triplex on a prime corner lot, ready for occupancy.
      7504 Zimmerman Ave, Pennsauken, NJ 08110
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring a commercial space and residential units.
    Where is this mixed-use property located?
    The property is located at 1145 Thurman St Camden, NJ.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: - Mixed-use property with commercial and residential units.; - Four bedrooms in one residential unit.; - Rare underground garage.
    (856) 858-2200
    Request Owner's contact information
    1145 Thurman St Camden, NJ 08104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1145 Thurman St
    Camden, NJ 08104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1145 Thurman St Camden, NJ 08104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patrick Gorman
    Patrick Gorman
    Real Estate License ID: 340986
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!