Mixed-Use Property with Industrial
For Sale
$6,000,000
237-285 N White Horse Pike, Hammonton, NJ 08037
A fully leased complex combines industrial and office buildings with highway-fronting acreage and a separate residence.
Property Size28,184 SF
Lot Size31.70 Acres
Price / SF$212.89
Days on Market11
Property Features for 237-285 N White Horse Pike
General Information
Standard status
Active
Size
28,184 SF
Lot size
31.70 Acres
Property subtype
Commercial
Zoning
H-B
Occupancy
100%
Site & Location
Road Frontage
575 ft
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Land Use
mixed-use, commercial, industrial, residential, agricultural
Property Use
Light Industrial
Amenities
billboard
conference room
loading dock
overhead doors
service bays
shop office
parts room
machine shop
glass storefront
1
Carpet-Wall to Wall,Concrete,Linoleum/Vinyl,Slab
Gas
14
Office Space Avail.
Central,Electric,Window Units
Hydraulic Lift,Living Space Available,Restroom,Storage
40-48
31.7
31.70 acres
Aluminum,Block
Fence,Loading Dock,See Remarks,Sign,Storage Building,Truck Door
7
23
19
Building Details
Year Built
1905
Buildings
8
Tenancy
Multi
Listing Agency:
(609) 834-3121
Listed By:
Rosanna Tancredi
Source:
Farleyandferry
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 4:01PM
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 Rosanna Tancredi
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Four tax parcels contain seven commercial buildings with 28,184 square feet of rentable industrial and office area, plus a separate single-family home. The property is 100% occupied by 14 business tenants. Industrial features include two buildings with 23-foot peak ceilings, drive-in overhead doors, and service or shop areas; one also has a depressed loading dock. A multi-tenant flex building has three units, storefront entries, and rear drive-in doors. Office space includes a standalone building with conference and private offices. The residence has 1,586 square feet, three bedrooms, one and a half baths, and a 754-square-foot basement.
The property has 575 feet of frontage along Route 30, also known as N. White Horse Pike. Approximately 16 acres are identified as excess land, including a 0.9841-acre undeveloped commercial parcel and a 15-acre rear parcel zoned Highway Business (H-B). The rear parcel is currently used for agriculture; conversion to Highway Business use requires municipal approvals. Public water, public sewer, electricity, and natural gas are available. A lease with the State of New Jersey Motor Pool is among the tenant mix.
The property has 575 feet of frontage along Route 30, also known as N. White Horse Pike. Approximately 16 acres are identified as excess land, including a 0.9841-acre undeveloped commercial parcel and a 15-acre rear parcel zoned Highway Business (H-B). The rear parcel is currently used for agriculture; conversion to Highway Business use requires municipal approvals. Public water, public sewer, electricity, and natural gas are available. A lease with the State of New Jersey Motor Pool is among the tenant mix.
Key Highlights
- 31.7041 acres across four tax parcels
- 28,184 square feet of rentable industrial and office space, plus a separate residence
- 100% occupied with 14 active business leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$418,532
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,370,640
$8.4M
Cap Rate 7%
$5,979,029
$6.0M
Cap Rate 9%
$4,650,356
$4.7M
Market Conditions
NOI Build-Up for 28,184 SF
Gross rent
$761.0K $27.00/SF
− Vacancy
−$91.3K −$3.24/SF
EGI
$669.7K $23.76/SF
− OpEx
−$251.1K −$8.91/SF
NOI
$418.5K $14.85/SF
Area
Atlantic County, NJ
Vacancy
12.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,370,640
Cap Rate 7%
$5,979,029
Cap Rate 9%
$4,650,356
Alternative Uses
Best Use
Warehouse
$10.50M
$9.18M – $12.24M
NOI $734,687 @ 7.0% cap · market cap 12.24%
Second Best
Industrial
$8.64M
$7.56M – $10.08M
NOI $605,037 @ 7.0% cap · market cap 10.08%
Theoretical Best
—
—
same as Best Use
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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
Demographics for 08037, NJ
23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A fully leased complex combines industrial and office buildings with highway-fronting acreage and a separate residence.
Where is this mixed-use property located?
The property is located at 237-285 N White Horse Pike Hammonton, NJ.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 31.7041 acres across four tax parcels; 28,184 square feet of rentable industrial and office space, plus a separate residence; 100% occupied with 14 active business leases
