Corner Convenience Store with Second
For Sale
$475,000
2588 Tilton Rd, Egg Harbor Township, NJ 08234
COMMERCIAL/INDUSTRIAL, Egg Harbor Township, NJ
Property Size1,500 SF
Price / SF$316.67
Days on Market284
Property Features for 2588 Tilton Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RG-4
Rooms
Utility Room, Laundry Room
Security features
Security System
Interior features
Display Windows, Restroom, Security System, Smoke/Fire Alarm
Exterior features
Sign
Lot features
Business District, Corner, Highway
Directions
Airport circle continue to Tilton Rd to 2588 Tilton Rd
Subdivision
Egg Harbor Twp
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12070
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Number of units
2
Flooring type
Linoleum
Roof type
Asphalt
Listing Agency:
BALSLEY/LOSCO
(609) 646-3207
Listed By:
Ashish Patel · License #2561431
(609) 892-4675
Added: Jan 4
Changed: Oct 11
Last Checked: Oct 15 at 2:06AM
MLS# 603451
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.
Investment Insights
Based on property information with market context.
This RG-4-zoned commercial property at 2588 Tilton Rd includes a single building divided into two separate commercial spaces. The operating convenience store occupies approximately 2,000 SF, while an approximately 1,500 SF vacant space provides room for another commercial operation. Interior features include display windows, a restroom, security system, smoke/fire alarm, laundry room, and utility room. The building has linoleum flooring, forced-air natural gas heating, central air, an asphalt roof, and public water and sewer.
The property sits at the corner of Tilton Rd and Van Mar Ave in Egg Harbor Township, adjacent to an apartment building. Exterior signage is included. The offering includes the building and convenience store business, with inventory excluded, and is conveyed in AS-IS condition.
The property sits at the corner of Tilton Rd and Van Mar Ave in Egg Harbor Township, adjacent to an apartment building. Exterior signage is included. The offering includes the building and convenience store business, with inventory excluded, and is conveyed in AS-IS condition.
Key Highlights
- Operating convenience store occupies approximately 2,000 SF
- Separate vacant commercial space measures approximately 1,500 SF
- Two commercial spaces within one building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,207
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,140
$464.1K
Cap Rate 7%
$331,529
$331.5K
Cap Rate 9%
$257,856
$257.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$32.4K $21.60/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$30.9K $20.63/SF
− OpEx
−$7.7K −$5.16/SF
NOI
$23.2K $15.47/SF
Area
Atlantic County, NJ
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,140
Cap Rate 7%
$331,529
Cap Rate 9%
$257,856
Alternative Uses
Best Use
Specialty Retail
$331.5K
$290.1K – $386.8K
NOI $23,207 @ 7.0% cap · market cap 4.89%
Second Best
Retail
$205.9K
$180.1K – $240.2K
NOI $14,411 @ 7.0% cap · market cap 3.03%
Theoretical Best
Warehouse
$558.6K
$488.8K – $651.7K
NOI $39,101 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08234, NJ
46,906
Population
17,728
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
92%
High-School Grad
60.7 sq mi
ZIP Area
773
Density / Sq Mi
$96,604
Median Household Income
$46,070
Median Earnings
$1,466
Median Rent
$285,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Two commercial spaces combine an operating convenience store with a separate vacant area for additional business use.
Where is this grocery and convenience store located?
The property is located at 2588 Tilton Rd Egg Harbor Township, NJ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Operating convenience store occupies approximately 2,000 SF; Separate vacant commercial space measures approximately 1,500 SF; Two commercial spaces within one building
