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

    1701 Salem Rd Burlington, NJ 08016

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with high traffic and easy access.

    Lot size:
    8.50 Acres

    Property Features for 1701 Salem Rd

    General Information

    Lot size
    8.50 Acres

    We can help!

    Listing Contact
    Dina Santarelli
    Dina Santarelli
    Source: Moodyscre

    Listing Agency: Sabre Real Estate Group, LLC Listing Agent: Dina Santarelli

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

    Learn more

    Property Insight Report

    Overview

    Land at Traffic Lit Intersection

    This commercial land site benefits from a total traffic count of 32,125 vehicles per day. The site wraps around a traffic lit intersection, providing full turn access from both Sunset Road and Salem Road. It is located in close proximity to Lourdes Medical Center and a residential neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Willow Pointe Apartments Apartment Complex Oska Gutters Hardware & Home Improvement Tri-State Reefer Service ... Freight Service SGEN Informatics Marketing & Advertising

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8694204
    Latitude
    40.0528875

    Nearby Similar for Sale

    • $875,000
      12,000 SF

      BURLINGTON, NJ Commercial Building

      Two-story, 12,000 sqft brick building with private parking.
      437 High St, Burlington, NJ 08016
      View Details
    • $367,000

      Former Funeral Home in Burlington

      Single-story, 1,680+/- SF building in a thriving community.
      867 Beverly Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing
      5,457 SF

      Two-Story Office Building with Warehouse

      Two-story office building with warehouse space for sale or lease.
      1414 Route 130, Burlington, NJ 08016
      View Details
    • $1,695,000
      15,680 SF

      Renovated Retail Building with Banquet

      Newly renovated retail building with banquet hall for sale.
      600 Jacksonville Rd, Burlington, NJ 08016
      View Details
    • $1,495,000
      7,000 SF

      Retail Property on Mount Holly

      Retail space with frontage, parking, and offices near highways.
      2313 Mount Holly Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing
      5,457 SF

      Office and Warehouse Space Available

      Office and warehouse space with high ceilings and drive-in doors.
      1414 Us-130, Burlington, NJ
      View Details
    • $780,000

      Four-Unit Strip Mall For Sale

      Four-unit strip mall with high exposure on a busy street.
      667-675 High St, Burlington, NJ 08016
      View Details
    • $325,000

      Four-Unit Mixed-Use Building

      Four-unit building with storefronts and apartments near transportation.
      20-22 E Broad St, Burlington, NJ 08016
      View Details
    • Contact for pricing
      8,400 SF

      Retail/Industrial Building on Route 130

      8,400 SF fully leased building with permitted industrial uses.
      581-621 High St, Burlington, NJ 08016
      View Details
    • Contact for pricing
      33,700 SF

      Industrial Property on 18.62 Acres

      Industrial property featuring 33,700 SF building on 18.62 acres.
      2013 Us-130, Burlington, NJ
      View Details
    • $367,000
      4,480 SF

      Burlington Office and Residential Property

      Office building and residential home with development potential in Burlington.
      867 Beverly Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing
      13,000 SF

      Burlington Warehouse with Drive-In Doors

      13,000 SF warehouse with 12 drive-in doors available.
      302 Elbow Ln, Burlington, NJ 08016
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land with high traffic and easy access.
    Where is this land located?
    The property is located at 1701 Salem Rd Burlington, NJ.
    What are key features of this property?
    This property features: - High traffic count of 32,125 vehicles per day; - Site wraps traffic lit intersection, offering excellent visibility; - Full turn access from both Sunset Road and Salem Road
    (516) 874-8070 Call to check price and availability
    Request Owner's contact information
    1701 Salem Rd Burlington, NJ 08016
    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.
    1701 Salem Rd
    Burlington, NJ 08016
    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
    1701 Salem Rd Burlington, NJ 08016
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dina Santarelli
    Dina Santarelli
    (516) 874-8070 (201) 249-8911
    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!