Sign Up Successful!
You now have access to more from Realmo!
    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

    4780 Black Horse Pike Mays Landing, NJ

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $5,000,000

    15.95 acres of mixed-use land for sale.

    Lot size:
    15.95 Acres

    Property Features for 4780 Black Horse Pike

    General Information

    Lot size
    15.95 Acres

    We can help!

    Listing Contact
    Tony Didio, Sior
    Source: Moodyscre

    Listing Agent: Tony Didio, Sior

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

    Learn more

    Overview

    15.95 Acres Mixed Use Land

    This 15.95-acre parcel of mixed-use land is available for sale. It is zoned Design Commercial District, with proposed uses including a senior living center, extended stay hotel, medical office building, or adult day care. The property is located at a busy, traffic-lit intersection at Black Horse Pike (Route 322) and S. Cologne Ave, in close proximity to the Hamilton Mall and Wrangleboro Consumer Sq.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mays Landing
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7161489
    Latitude
    40.1956132

    Nearby Similar for Sale

    • $474,900
      4.37 Acres

      Spacious Rancher with Income Potential

      4.37-acre rancher with in-law suite and equestrian features.
      1853 Mccall Ave, Mays Landing, NJ 08330
      View Details
    • $229,000
      1.30 Acres

      Weymouth Township Commercial Opportunity

      Commercial property in Weymouth Township, New Jersey, with renovation potential.
      907 Boulevard Route 50, Mays Landing, NJ 08330
      View Details
    • $400,000
      1.23 Acres

      Commercial Property on Route 40

      Unique commercial property with road frontage and flexible layout.
      5467 Harding Hwy, Mays Landing, NJ 08330
      View Details
    • $260,000

      Route 40 Commercial Building

      Stand-alone building with excellent exposure, ideal for retail or office.
      1 Camac Ave Ave, Mays Landing, NJ 08330
      View Details
    • $275,000

      Established Restaurant Business Opportunity

      Turnkey restaurant for sale with long-term lease until 2027.
      6056 Harding Hwy, Mays Landing, NJ 08330
      View Details
    • New
      $415,000
      2,078 SF

      Mays Landing Multi-Family Home

      Two-unit property in Mays Landing, New Jersey.
      204 Route 50, Mays Landing, NJ 08330
      View Details
    • $479,900
      2,400 SF

      Mays Landing Duplex For Sale

      Belcoville duplex featuring updated units and hardwood floors.
      1305 Matthews Ave, Mays Landing, NJ 08330
      View Details
    • $449,000
      0.16 Acres

      Mays Landing Mixed-Use Commercial Building

      Mixed-use commercial building with established florist business in downtown Mays Landing.
      5926 Main Street Aly, Mays Landing, NJ 08330
      View Details
    • New
      $950,000
      9,000 SF

      Profitable Farm & Garden Center

      Multi-generation family business on 17.5 acres with highway frontage.
      7317 Black Horse Pike, Mays Landing, NJ 08330
      View Details
    • $1,500,000
      3,920 SF

      Mays Landing Shopping Center

      Income-producing shopping center with lucrative business for sale.
      Harding Hwy, Mays Landing, NJ 08330
      View Details
    • Contact for pricing

      Mays Landing Office Space

      Second-floor office unit with elevator access and ample parking.
      800 Rt, Mays Landing, NJ 08330
      View Details
    • Contact for pricing

      Mays Landing Office Space

      Second-floor office space with elevator and ample parking.
      800 Rt, Mays Landing, NJ 08330
      View Details

    FAQs

    What type of property is this?
    Commercial land - 15.95 acres of mixed-use land for sale.
    Where is this commercial land located?
    The property is located at 4780 Black Horse Pike Mays Landing, NJ.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - 15.95 acres of mixed-use land.; - Zoned Design Commercial District allowing for various uses (senior living, hotel, medical office, adult day care).; - **Located at a busy, traffic-lit intersection (Black Horse Pike & S. Cologne Ave).**
    (609) 820-5900
    Request Owner's contact information
    4780 Black Horse Pike Mays Landing, NJ
    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.
    4780 Black Horse Pike
    Mays Landing, NJ
    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
    4780 Black Horse Pike Mays Landing, NJ
    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
    Tony Didio, Sior
    (609) 820-5900
    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.