Freestanding Showroom
For Sale
$2,650,000
1316 Route 73, Mount Laurel, NJ 08054
Freestanding commercial building positioned along Route 73 with frontage for highway exposure.
Property Size16,000 SF
Price / SF$165.63
Days on Market80
Property Features for 1316 Route 73
General Information
Standard status
Active
Size
16,000 SF
Property subtype
Commercial
Building Details
Buildings
1
Listing Agency:
C21/ Action Plus Realty
Listed By:
Bernard O Gutherz
(800) 299-2129
Source:
Actionplusrealty
Added: Jul 26
Changed: Oct 13
Last Checked: Oct 12 at 8:07PM
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 C21/ Action Plus Realty
Investment Insights
Based on property information with market context.
This freestanding showroom property contains 16,000 square feet of commercial building area. The building is positioned along Route 73 and offers a standalone format suited to showroom-oriented retail use.
The property is located at 1316 Route 73 in Mount Laurel, New Jersey, with direct highway frontage and exposure to Route 73 traffic. Its prominent roadside position provides a clear commercial presence along the corridor.
The property is located at 1316 Route 73 in Mount Laurel, New Jersey, with direct highway frontage and exposure to Route 73 traffic. Its prominent roadside position provides a clear commercial presence along the corridor.
Key Highlights
- 16,000 SF freestanding showroom building
- Located along Route 73 in Mount Laurel, NJ
- Direct frontage and visibility from Route 73
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$239,264
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,785,280
$4.8M
Cap Rate 7%
$3,418,057
$3.4M
Cap Rate 9%
$2,658,489
$2.7M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$359.0K $22.44/SF
− Vacancy
−$17.2K −$1.08/SF
EGI
$341.8K $21.36/SF
− OpEx
−$102.5K −$6.41/SF
NOI
$239.3K $14.95/SF
Area
Burlington County, NJ
Vacancy
4.80%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,785,280
Cap Rate 7%
$3,418,057
Cap Rate 9%
$2,658,489
Alternative Uses
Best Use
Retail
$3.42M
$2.99M – $3.99M
NOI $239,264 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$33.46M
$29.28M – $39.04M
NOI $2,342,459 @ 7.0% cap · market cap 88.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,562
Businesses Nearby
52k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Hotels & Casinos 25%
Shops & Services 24%
Beauty & Spa 6%
Cracker Barrel Old Country Store
Dining
22,583 visits/mo
0.2 miles
Holman Toyota
Shops & Services
7,830 visits/mo
0.1 miles
Hilton Garden Inn Mount Laurel
Hotels & Casinos
2,959 visits/mo
0.3 miles
European Wax Center
Beauty & Spa
2,925 visits/mo
0.5 miles
Extended Stay America - Philadelphia - Mt. Laurel - Pacilli Place
Hotels & Casinos
2,368 visits/mo
0.2 miles
Demographics for 08054, NJ
44,633
Population
19,966
Households
2.2
Avg Household Size
44
Median Age
56%
College-Educated
96%
High-School Grad
21.7 sq mi
ZIP Area
2,057
Density / Sq Mi
$114,629
Median Household Income
$67,986
Median Earnings
$1,966
Median Rent
$341,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Showroom - Freestanding commercial building positioned along Route 73 with frontage for highway exposure.
Where is this showroom located?
The property is located at 1316 Route 73 Mount Laurel, NJ.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 16,000 SF freestanding showroom building; Located along Route 73 in Mount Laurel, NJ; Direct frontage and visibility from Route 73
