Accessible Office
For Sale
$500,000
Pending
2 EASTWICK DR #202 202, Gibbsboro, NJ 08026
One-story professional workspace with solar panels and a layout that can support one or two suites.
Property Size3,200 SF
Days on Market48
Property Features for 2 EASTWICK DR #202 202
General Information
Standard status
Pending
Size
3,200 SF
Additional Details
Office Units
1
Amenities
solar panels
handicap accessible layout
Building Details
Stories
1
Construction
brick
Listing Agency:
Keller Williams Realty - Marlton
(856) 441-6800
Listed By:
Gloria O Donnon · License #7938998
(856) 266-8500
Source:
Davidyungmann.myrealestateplatform
Added: Sep 6
Changed: Oct 7
Last Checked: Oct 23 at 6:16AM
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 Keller Williams Realty - Marlton
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,200-square-foot office condominium at 2 Eastwick Dr #202 provides a one-story professional layout designed for a single occupant while allowing division into two suites. The accessible floor plan supports practical office use, and the brick exterior is part of a well-maintained complex. Solar panels are installed on the property.
The space is configured for professional applications including engineering, medical, legal, accounting, counseling, and general office use. Its combination of full-suite occupancy potential and divisibility offers flexibility for an owner-user seeking a dedicated workplace or a configuration with two separate office areas.
The space is configured for professional applications including engineering, medical, legal, accounting, counseling, and general office use. Its combination of full-suite occupancy potential and divisibility offers flexibility for an owner-user seeking a dedicated workplace or a configuration with two separate office areas.
Key Highlights
- 3,200‑square‑foot office condominium
- Layout configured for one occupant and divisible into two suites
- One‑story accessible floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,904
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,080
$898.1K
Cap Rate 7%
$641,486
$641.5K
Cap Rate 9%
$498,933
$498.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$70.3K $21.96/SF
− Vacancy
−$10.4K −$3.25/SF
EGI
$59.9K $18.71/SF
− OpEx
−$15.0K −$4.68/SF
NOI
$44.9K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,080
Cap Rate 7%
$641,486
Cap Rate 9%
$498,933
Alternative Uses
Best Use
Office B
$641.5K
$561.3K – $748.4K
NOI $44,904 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$811.4K
$710.0K – $946.6K
NOI $56,796 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 08026, NJ
2,189
Population
855
Households
2.6
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
995
Density / Sq Mi
$99,881
Median Household Income
$56,618
Median Earnings
$278,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - One-story professional workspace with solar panels and a layout that can support one or two suites.
Where is this office unit located?
The property is located at 2 EASTWICK DR #202 202 Gibbsboro, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,200‑square‑foot office condominium; Layout configured for one occupant and divisible into two suites; One‑story accessible floor plan
