Automotive Auto Shop
For Sale
$8,500,000
1230 BLACKWOOD CLEMENTON ROAD, Clementon, NJ 08021
For-sale automotive auto shop property at 1230 Blackwood Clementon Road, located along Route 42 South.
Property Size56,700 SF
Days on Market194
Property Features for 1230 BLACKWOOD CLEMENTON ROAD
General Information
Standard status
Active
Size
56,700 SF
Total Parking Spaces
398
Zoning
B2
Taxes and HOA fees
Annual Taxes
$327,066
Amenities
Accessible Entrance, Accessible Doors, Accessible Hallway(s), Customized Wheelchair Accessible
Central Air, Multi Units
Natural Gas, Forced Air
Gas Water Heater
Private, Lighted, Paved, Parking Lot
Building Details
Building Size
56,700 SF
Year Built
1973
Listing Agency:
KW Realty-Medford
Listed By:
James L Moffa · License #0901791
(609) 458-3711
Source:
Evrealestate
Added: Feb 22
Changed: Sep 3
Last Checked: Sep 4 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Realty-Medford
Investment Insights
Based on property information with market context.
This for-sale automotive auto shop property is located at 1230 Blackwood Clementon Road in CLEMENTON, NJ, in Camden County. The listing notes the site is situated on the right-hand side when approaching from Route 42 South.
Directions provided for the location are to take Route 42 South and exit at #8 for Blackwood Clementon Road. The property in question is at 1230 Blackwood Clementon Road.
No additional building specifications, current tenant details, or size information were provided in the materials shared for this listing.
Directions provided for the location are to take Route 42 South and exit at #8 for Blackwood Clementon Road. The property in question is at 1230 Blackwood Clementon Road.
No additional building specifications, current tenant details, or size information were provided in the materials shared for this listing.
Key Highlights
- Automotive auto shop property at 1230 Blackwood Clementon Road in Camden County
- Located along Route 42 South (Exit #8: Blackwood Clementon Road)
- Year built: 1973
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$552,485
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,049,700
$11.0M
Cap Rate 7%
$7,892,643
$7.9M
Cap Rate 9%
$6,138,722
$6.1M
Market Conditions
NOI Build-Up for 56,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$850.5K $15.00/SF
− Vacancy
−$61.2K −$1.08/SF
EGI
$789.3K $13.92/SF
− OpEx
−$236.8K −$4.18/SF
NOI
$552.5K $9.74/SF
Area
Camden County, NJ
Vacancy
7.20%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,049,700
Cap Rate 7%
$7,892,643
Cap Rate 9%
$6,138,722
Alternative Uses
Best Use
Industrial
$7.89M
$6.91M – $9.21M
NOI $552,485 @ 7.0% cap · market cap 6.50%
Second Best
Retail
$7.80M
$6.82M – $9.10M
NOI $545,936 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$14.38M
$12.58M – $16.77M
NOI $1,006,361 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08021, NJ
51,458
Population
22,195
Households
2.3
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
13.0 sq mi
ZIP Area
3,958
Density / Sq Mi
$67,439
Median Household Income
$42,864
Median Earnings
$1,288
Median Rent
$192,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Xtreme Collision LLC — 74 Erial Rd, Clementon, NJ 08021
- Car Tingz — 395 Blackwood-Clementon Rd, Lindenwold, NJ 08021
- Arlong Auto Service — 353 Blackwood-Clementon Rd, Lindenwold, NJ 08021
- AA Auto & Truck Repair /TOWING SERVICES — 100 Chews Landing Rd, Clementon, NJ 08021
- AA AUTO & TRUCK REPAIR — 100 Chews Landing Rd, Clementon, NJ 08021
Frequently Asked Questions
What type of property is this?
Auto shop - For-sale automotive auto shop property at 1230 Blackwood Clementon Road, located along Route 42 South.
Where is this auto shop located?
The property is located at 1230 BLACKWOOD CLEMENTON ROAD Clementon, NJ.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Automotive auto shop property at 1230 Blackwood Clementon Road in Camden County; Located along Route 42 South (Exit #8: Blackwood Clementon Road); Year built: 1973
