Add Listing
    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

    175 White Horse Rd Voorhees, NJ 08043

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $260,000

    Two-story building near transit and Voorhees Town Center.

    Lot size:
    0.29 Acres

    Property Features for 175 White Horse Rd

    General Information

    Standard status
    Active
    Lot size
    0.29 Acres

    Building Details

    Year built
    1957

    We can help!

    Listing Contact
    Rosemary Martin
    Source: Exitrealty

    Listing Agency: Bruce Associates Inc Listing Agent: Rosemary Martin

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

    Learn more

    Overview

    Two-Story Building Near Voorhees Town

    This two-story building offers 2,912 square feet of space and is zoned B-Business. The property is configured as two units. The upper unit, comprising approximately 896 square feet, is currently tenant-occupied under a month-to-month lease. The lower unit provides 2,016 square feet of space. The building is located within walking distance of the Patco Hi-Speed Line, Jefferson Health System, and Voorhees Town Center.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Voorhees
    County
    State
    New Jersey
    Longitude
    -74.9532
    Latitude
    39.8445

    Nearby Similar for Sale

    • $300,000

      Medical Office Investment Opportunity

      Leased medical office space for sale in Voorhees, NJ.
      203 Sheppard Rd, Voorhees, NJ 08043
      View Details
    • New
      $195,000
      2,000 SF

      Voorhees Medical/Office Condo For Sale

      2000 SF condo, ideal for dental or medical practice.
      1 Britton Pl, Voorhees, NJ 08043
      View Details
    • New
      $600,000
      2,720 SF

      Voorhees Duplex: Investment Opportunity

      Spacious duplex in Voorhees, NJ, ideal for investors/owner-occupants.
      6-6A Buttonwood Rd, Voorhees, NJ 08043
      View Details
    • $250,000

      Voorhees Office Space For Sale

      Professional office space in a vibrant commercial area.
      2301 E Evesham Ave, Voorhees, NJ 08043
      View Details
    • $260,000
      0.29 Acres

      Voorhees Commercial Building For Sale

      Two-story commercial building near transit and healthcare facilities.
      175 White Horse Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing

      Freestanding Retail Showroom Near Eagle Plaza

      Retail/showroom space adjacent to the bustling Eagle Plaza.
      603 Haddonfield Berlin Rd, Voorhees, NJ 08043
      View Details
    • $1,850,000

      Retail Shopping Center For Sale

      15,070 SF retail shopping center on Burnt Mill Road.
      219 South Burnt Mill Rd, Voorhees, NJ 08043
      View Details
    • $1,499,900

      Voorhees Industrial/Manufacturing Opportunity

      Industrial/Manufacturing property in Voorhees, NJ with convenient highway access.
      1200 Haddonfield Berlin Rd, Voorhees, NJ 08043
      View Details
    • $299,000
      2,000 SF

      Voorhees Office Building - Great Location

      Two-unit office building, prime Voorhees location.
      175 White Horse Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing

      Route 73 Commercial Space

      Flexible commercial space with high visibility and accessibility.
      180 Route 73, Voorhees, NJ 08043
      View Details
    • $1,499,900
      11,600 SF

      Voorhees Warehouse with Drive-in Doors

      Industrial warehouse featuring multiple drive-in doors and mezzanine storage.
      1200 Haddonfield Berlin Rd, Voorhees, NJ
      View Details
    • Contact for pricing

      Highly Visible Retail Outparcel Space

      Retail space available on Route 73 with high traffic.
      142 Route 73, Voorhees, NJ 08043
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story building near transit and Voorhees Town Center.
    Where is this mixed-use property located?
    The property is located at 175 White Horse Rd Voorhees, NJ.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Zoned B-Business, offering versatile usage possibilities.; - 2,912 sq ft building with two separate units.; - Walking distance to Patco Hi-Speed Line, Jefferson Health System, and Voorhees Town Center.
    (856) 287-9317
    Request Owner's contact information
    175 White Horse Rd Voorhees, NJ 08043
    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.
    175 White Horse Rd
    Voorhees, NJ 08043
    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
    175 White Horse Rd Voorhees, NJ 08043
    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
    Rosemary Martin
    Real Estate License ID: 9693617
    (856) 287-9317 (856) 784-6000
    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!