Route 206 Commercial
For Sale
Contact for pricing
1507 Route 206, Tabernacle, NJ
Well-maintained commercial property on 2.8 acres with high visibility.
Property Size2,350 SF
Lot Size1.86 Acres
Price / SF$335.74
Days on Market271
Property Features for 1507 Route 206
General Information
Standard status
Active
Size
2,350 SF
Lot size
1.86 Acres
Property subtype
RETAIL
Listing Agency:
Vantage Commercial
(609) 346-0512
Listed By:
Ken Richardson · License #NJ 1865294
(609) 346-0512
Source:
Moodyscre
Added: Nov 5, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:23AM
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 Vantage Commercial
Investment Insights
Based on property information with market context.
Situated on a 2.8-acre lot along Route 206, this commercial property benefits from substantial street-level exposure and visibility, with an estimated traffic count of 15,000 to 20,000 vehicles per day, increasing on weekends. Its location, just before a signaled intersection, enhances accessibility and prominence. Originally constructed as a bank in 1978, with an expansion in 2015, the 2,350-square-foot property retains its distinctive architectural features, including a prominent roof cupola and an original 11’ x 15’ bank vault. These elements add unique character and potential branding opportunities for businesses seeking a memorable location. The surrounding area boasts a strong sense of community, with local businesses and amenities that cater to residents’ needs. While the area maintains a rural charm, it’s well-connected to nearby towns offering additional services and attractions. This balance of tranquility and accessibility makes the location appealing for those seeking a peaceful yet connected lifestyle.
Key Highlights
- High visibility location on Route 206 with 15,000‑20,000 vehicles per day traffic count.
- 2.8‑acre lot with substantial street‑level exposure.**
- Expanded and well‑maintained commercial property.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.7k | $22.44 |
| − Vacancy | −$2.5k | −$1.08 |
| EGI | $50.2k | $21.36 |
| − OpEx | −$15.1k | −$6.41 |
| NOI | $35.1k | $14.95 |
2,350 SF · lease $22.44/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$502.0K
$439.3K – $585.7K
NOI $35,142 @ 7.0% cap · market cap 4.45%
Second Best
Specialty Retail
$432.8K
$378.7K – $505.0K
NOI $30,297 @ 7.0% cap · market cap 3.84%
Theoretical Best
Warehouse
$4.91M
$4.30M – $5.73M
NOI $344,049 @ 7.0% cap · market cap 43.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Beneficial Bank
Shops & Services
2,574 visits/mo
0.3 miles
Valero Energy
Shops & Services
1,945 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bank - Well-maintained commercial property on 2.8 acres with high visibility.
Where is this bank located?
The property is located at 1507 Route 206 Tabernacle, NJ.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: High visibility location on Route 206 with 15,000‑20,000 vehicles per day traffic count.; 2.8‑acre lot with substantial street‑level exposure.**; Expanded and well‑maintained commercial property.
