Building Details

Year Built 1920

Listing Agency: RE/MAX ONE Realty-Moorestown

Listed By: Erica Lacey · License #0673080 Show Phone

Source: Kableteam

Added: Jul 1 Changed: Oct 26 Last Checked: Oct 7 at 4:00PM

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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 RE/MAX ONE Realty-Moorestown

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Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This storefront retail/commercial building is offered for sale in AS IS condition. The buyer is responsible for all township inspections, certifications, and any required approvals related to the planned use and build-out. A hold harmless document must be signed prior to confirming showings.

The sale includes three lots that must be sold together: Block 1103, Lot 14; Block 1106, Lot 1; and Block 1106, Lot 21. Due diligence is the responsibility of the buyer to ensure the intended use and any development plans are approved.

Key Highlights

• Sold in AS IS condition; buyer responsible for township inspections, certifications, and related requirements
• Sale includes 3 lots that must be sold together: Block 1103, Lot 14; Block 1106, Lot 1; Block 1106, Lot 21
• Buyer due diligence required to confirm planned use and any build‑out approvals

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$27,672

Cap Rate

7.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$553,440 $553.4K

Cap Rate 7%

$395,314 $395.3K

Cap Rate 9%

$307,467 $307.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,874 SF

Gross rent

$43.1K $15.00/SF

− Vacancy

−$3.6K −$1.25/SF

EGI

$39.5K $13.76/SF

− OpEx

−$11.9K −$4.13/SF

NOI

$27.7K $9.63/SF

Area

Camden County, NJ

Vacancy

8.30%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$553,440

Cap Rate 7%

$395,314

Cap Rate 9%

$307,467

Alternative Uses

Best Use

Retail

$395.3K

$345.9K – $461.2K (±1% cap)

NOI $27,672 @ 7.0% cap · market cap 7.38%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$728.7K

$637.6K – $850.2K (±1% cap)

NOI $51,010 @ 7.0% cap · market cap 13.60%

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

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Storage Facility Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

324

Businesses Nearby

81k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 53% Home Improvements & Furnishings 32% Shops & Services 15%

McDonald's Dining

31,083 visits/mo 0.1 miles

Lowe's Home Improvements & Furnishings

26,075 visits/mo 0.3 miles

Popeyes Louisiana Kitchen Dining

10,456 visits/mo 0.4 miles

Dollar General Shops & Services

6,027 visits/mo 0.2 miles

Hallmark Shops & Services

1,927 visits/mo 0.5 miles

Demographics for 08045, NJ

2,930

Population

1,288

Households

2.3

Avg Household Size

43

Median Age

22%

College-Educated

92%

High-School Grad

1.4 sq mi

ZIP Area

2,093

Density / Sq Mi

$70,338

Median Household Income

$49,022

Median Earnings

$1,034

Median Rent

$215,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Storefront property - For sale in AS IS condition, the property includes three lots and is sold together.

Where is this storefront property located?

The property is located at 219 Warwick Rd Lawnside, NJ.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Sold in AS IS condition; buyer responsible for township inspections, certifications, and related requirements; Sale includes 3 lots that must be sold together: Block 1103, Lot 14; Block 1106, Lot 1; Block 1106, Lot 21; Buyer due diligence required to confirm planned use and any build‑out approvals