Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3921 Route 42 Blackwood, NJ 08012

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

    Single tenant retail space available for rent in Blackwood.

    Property Features for 3921 Route 42

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Brian Bruzek
    Source: Crexi

    Listing Agency: CBRE - Philadelphia Suburban Listing Agent: Brian Bruzek

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

    Learn more

    Overview

    Blackwood Retail Space Available

    A single tenant retail space is available for rent. The property offers 23,500 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Blackwood
    County
    Camden
    State
    New Jersey
    Longitude
    -75.041747
    Latitude
    39.738115

    Nearby Similar for Lease

    • $400 /Mo

      Professional Offices in Blackwood, NJ

      Small office spaces suitable for various professionals in Blackwood, NJ.
      900 Route 168, Blackwood, NJ 08012
      View Details
    • $350 /Mo
      80,586 SF

      Blackwood Office Suites For Lease

      Office suites available in a prime Blackwood, NJ location.
      571 Route 168, Blackwood, NJ 08012
      View Details
    • $26 SF/Yr

      Glen Oaks Professional Building

      Suite 32 Executive Office
      1405 Chews Landing Rd, Blackwood, NJ 08021
      View Details
    • Contact for pricing

      Industrial/Flex Space Near Major Routes

      Industrial/flex space with easy access to major South Jersey thoroughfares.
      110 Harmon Dr, Blackwood, NJ 08012
      View Details
    • Contact for pricing

      Pine Run Commerce Center

      Multi-tenant office/warehouse complex in Village of Pine Run Commerce Center.
      1001 Lower Landing Rd, Blackwood, NJ 08012
      View Details
    • $8 SF/Yr

      Blackwood Warehouse with Loading Docks

      25,000 SF warehouse space featuring loading docks and drive-in doors.
      500 Davistown Rd, Blackwood, NJ 08012
      View Details
    • Contact for pricing
      1,000 SF

      Turnersville Professional Office Space

      Well-maintained office complex in the heart of Turnersville.
      188 Fries Mill Rd, Blackwood, NJ
      View Details
    • Contact for pricing
      30,405 SF

      Medical Office Space Available

      Medical office suites available in South Jersey healthcare corridor.
      160 Fries Mill Rd, Blackwood, NJ
      View Details
    • Contact for pricing
      1,200 SF

      Retail Spaces on Route 42

      Three 1,200 SF retail spaces available for lease.
      4991 Route 42, Blackwood, NJ 08012
      View Details
    • Contact for pricing
      5,084 SF

      Class-A Medical Facility Suites

      Medical suites available in Class-A outpatient facility.
      239 Hurffville Rd, Blackwood, NJ
      View Details
    • Contact for pricing
      6,417 SF

      Retail Space on Route 42

      Retail space available in Blackwood, high visibility on Route 42.
      5200 Route 42, Blackwood, NJ 08012
      View Details
    • Contact for pricing
      16,491 SF

      Flex Space on Black Horse

      Flex space available for lease with onsite parking.
      109 N Black Horse Pike, Blackwood, NJ 08012
      View Details

    FAQs

    What type of property is this?
    Retail space - Single tenant retail space available for rent in Blackwood.
    Where is this retail space located?
    The property is located at 3921 Route 42 Blackwood, NJ.
    What are key features of this property?
    This property features: - Single tenant property; - Retail property spanning 23,500 sqft
    Request Owner's contact information
    3921 Route 42 Blackwood, NJ 08012
    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.
    3921 Route 42
    Blackwood, NJ 08012
    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
    3921 Route 42 Blackwood, NJ 08012
    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
    Brian Bruzek
    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!