Freestanding Office
For Sale
$399,000
145 W White Horse, Galloway Township, NJ 08205
COMMERCIAL/INDUSTRIAL, Galloway Township, NJ
Property Size1,752 SF
Lot Size0.27 Acres
Price / SF$227.74
Days on Market140
Property Features for 145 W White Horse
General Information
Property type
Residential
Property subtype
Office
Zoning
HC-1
Directions
Route 30/White Horse Pike west through Galloway to 145 W White Horse Pike. Property is located on th
Subdivision
Galloway Twp
Standard status
Active
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4068
Building Details
Year built
1989
Listing Agency:
CAYME REALTY LLC
(941) 524-2752
Listed By:
CLENVIC CAYME · License #1537974
(941) 704-2294
Added: Jun 18
Changed: Sep 3
Last Checked: Nov 4 at 12:06AM
MLS# 609011
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding office property contains approximately 1,752 square feet on roughly 0.27 acre. Built in 1989, the building offers a professional layout with potential application for office, medical, or other permitted commercial uses. HC-1 zoning applies, with buyers responsible for confirming zoning, measurements, parking, and intended use.
The property fronts White Horse Pike/Route 30 in Galloway Township, providing direct highway access and potential for roadside signage. Route 9, the Garden State Parkway, AtlantiCare, Stockton University, and Atlantic City are identified in the surrounding area. Its standalone configuration and commercial setting support a range of professional occupancy plans, subject to applicable approvals.
The property fronts White Horse Pike/Route 30 in Galloway Township, providing direct highway access and potential for roadside signage. Route 9, the Garden State Parkway, AtlantiCare, Stockton University, and Atlantic City are identified in the surrounding area. Its standalone configuration and commercial setting support a range of professional occupancy plans, subject to applicable approvals.
Key Highlights
- Approximately 1,752 square feet on roughly 0.27 acre
- Freestanding office building constructed in 1989
- Frontage on White Horse Pike/Route 30
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,669
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,380
$513.4K
Cap Rate 7%
$366,700
$366.7K
Cap Rate 9%
$285,211
$285.2K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$46.9K $26.76/SF
− Vacancy
−$12.7K −$7.23/SF
EGI
$34.2K $19.53/SF
− OpEx
−$8.6K −$4.88/SF
NOI
$25.7K $14.65/SF
Area
Atlantic County, NJ
Vacancy
27.00%
Lease Rate
$26.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,380
Cap Rate 7%
$366,700
Cap Rate 9%
$285,211
Alternative Uses
Best Use
Office B
$366.7K
$320.9K – $427.8K
NOI $25,669 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$652.4K
$570.9K – $761.2K
NOI $45,670 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
Demographics for 08205, NJ
28,666
Population
11,660
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
91%
High-School Grad
42.1 sq mi
ZIP Area
681
Density / Sq Mi
$88,636
Median Household Income
$45,611
Median Earnings
$1,527
Median Rent
$263,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Approximately 1,752 square feet with HC-1 zoning and access to White Horse Pike/Route 30.
Where is this office building located?
The property is located at 145 W White Horse Galloway Township, NJ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 1,752 square feet on roughly 0.27 acre; Freestanding office building constructed in 1989; Frontage on White Horse Pike/Route 30
