Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23 Frazer Ave Collingswood, NJ 08108

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,595,000

    Church and pre-school facility near Collingswood Business District.

    Property size:
    24,103 SF

    Property Features for 23 Frazer Ave

    General Information

    Size
    24,103 SF

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Will Frank
    Source: Naiglobal

    Listing Agent: Will Frank

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

    Learn more

    Property Insight Report

    Overview

    Collingswood Church and School Facility

    This freestanding church and school building is available for sale. The property includes an attached pre-school facility and a detached 2,417 square foot office. The main building has a total area of approximately 21,686 square feet, with roughly 10,843 square feet on each floor. The interior features large open spaces and classrooms. A kitchen and stage/hall are located on the lower level. The property is located a half block from Haddon Avenue and the Collingswood Business District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Collingswood
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0662661
    Latitude
    39.916634

    Nearby Similar for Sale

    • $499,890

      Collingswood Commercial Redevelopment Opportunity

      Prime commercial real estate in Collingswood, a redevelopment opportunity.
      101-103 W Cuthbert Blvd, Collingswood, NJ 08108
      View Details
    • $180,000
      0.07 Acres

      Commercial Property in Collingswood, NJ

      Two-unit commercial building on highly traveled Cuthbert Blvd.
      103 W Cuthbert Blvd, Collingswood, NJ 08108
      View Details
    • $347,000
      0.13 Acres

      Commercial Property on Cuthbert Boulevard

      Two-unit commercial building on a corner lot near downtown Collingswood.
      101 W Cuthbert Blvd, Collingswood, NJ 08108
      View Details
    • $650,000
      2,260 SF

      Collingswood Duplex: Investment Opportunity

      Fully occupied duplex near downtown Collingswood with immediate cash flow.
      219 Woodlawn Ter, Collingswood, NJ 08108
      View Details
    • $799,000
      5,700 SF

      Collingswood Office Building Near PATCO

      Two-story office building near PATCO station and downtown shopping.
      566 Haddon Ave, Collingswood, NJ 08108
      View Details
    • $375,000
      3,618 SF

      Collingswood Office Building For Sale

      Office building with high visibility and convenient transportation access.
      275 Haddon Ave, Collingswood, NJ 08108
      View Details
    • $1,498,000
      34,737 SF

      Former Church Building For Sale

      34,737 SF former church building with kitchen and gymnasium.
      30 Fern Ave, Collingswood, NJ 08108
      View Details
    • $899,000

      Downtown Collingswood Retail Opportunity

      Retail property in downtown Collingswood with private parking.
      33 W Collings Ave, Collingswood, NJ 08108
      View Details
    • Contact for pricing

      Prime Collingswood Office Space

      Downtown Office, PATCO Proximity, Lease Available
      601 Haddon Ave, Collingswood, NJ 08108
      View Details
    • Contact for pricing

      Collingswood Office Space For Lease

      Prime Downtown Office, Walk to PATCO
      601 Haddon Ave, Collingswood, NJ 08108
      View Details
    • Contact for pricing
      1.14 Acres

      Prime Collingswood Office Space

      Corner Office, Parking Included, Flexible Lease
      100 Narberth Ter, Collingswood, NJ 08108
      View Details
    • $1,595,000
      24,103 SF

      Collingswood Church/School Building

      Spacious building, prime location, great potential.
      23 Frazer Ave, Collingswood, NJ 08108
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Church and pre-school facility near Collingswood Business District.
    Where is this church & religious facility located?
    The property is located at 23 Frazer Ave Collingswood, NJ.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - Prime location: Just half a block from Haddon Avenue and the Collingswood Business District.; - Substantial square footage: The main building offers 21,686 +/- SF, complemented by a detached 2,417 +/- SF office.; - Freestanding building: A church/school building with a separate office building.
    (609) 970-5405
    Request Owner's contact information
    23 Frazer Ave Collingswood, NJ 08108
    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.
    23 Frazer Ave
    Collingswood, NJ 08108
    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
    23 Frazer Ave Collingswood, NJ 08108
    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
    Will Frank
    (609) 970-5405
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.