Central Business District Mixed-Use
For Sale
$315,000
300 WHITE HORSE PIKE, Absecon, NJ 08201
The property includes central air, on-site parking, and a pitched roof.
Property Size1,026 SF
Price / SF$307.02
Days on Market13
Property Features for 300 WHITE HORSE PIKE
General Information
Standard status
Active
Size
1,026 SF
Property subtype
Mixed Use
Zoning
Section 224-43
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
No
Restaurant
Commercial Hood
No
Grease Trap
No
Equipment Included
No
Additional Details
Sprinkler System
No
Taxes and HOA fees
Annual Taxes
$8,616
Amenities
Central Air
3
Vinyl, Carpet
Pitched
Parking.
Lot.
80.00 x 170.00
Other, Central Business District.
Building Details
Year Built
1900
Stories
1
Listing Agency:
Keller Williams Realty
(609) 839-7904
Listed By:
Atlantic Shore
(609) 839-7904
Source:
Xome
Added: Jul 30
Changed: Aug 9
Last Checked: Aug 11 at 5:23AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes central air, vinyl and carpet finishes, a pitched roof, and on-site parking. The building was constructed in 1900, with a lot measuring 80.00 x 170.00.
Located at 300 White Horse Pike in Absecon, the property is identified within the Central Business District and sits directly off White Horse Pike. The stated business applications include retail, restaurants, professional offices, cannabis dispensaries, general business establishments, barber shops, and beauty shops.
Located at 300 White Horse Pike in Absecon, the property is identified within the Central Business District and sits directly off White Horse Pike. The stated business applications include retail, restaurants, professional offices, cannabis dispensaries, general business establishments, barber shops, and beauty shops.
Key Highlights
- Central Business District designation
- Located at 300 White Horse Pike, Absecon, NJ 08201
- 80.00 x 170.00 lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,873
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$317,460
$317.5K
Cap Rate 7%
$226,757
$226.8K
Cap Rate 9%
$176,367
$176.4K
Market Conditions
NOI Build-Up for 1,026 SF
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.
Gross rent
$22.2K $21.60/SF
− Vacancy
−$997 −$0.97/SF
EGI
$21.2K $20.63/SF
− OpEx
−$5.3K −$5.16/SF
NOI
$15.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$317,460
Cap Rate 7%
$226,757
Cap Rate 9%
$176,367
Alternative Uses
Best Use
Specialty Retail
$226.8K
$198.4K – $264.6K
NOI $15,873 @ 7.0% cap · market cap 5.04%
Second Best
Mixed Use
$217.7K
$190.5K – $253.9K
NOI $15,236 @ 7.0% cap · market cap 4.84%
Theoretical Best
Warehouse
$382.1K
$334.3K – $445.8K
NOI $26,745 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Explore this area
Business Placement
Demographics for 08201, NJ
10,647
Population
4,286
Households
2.5
Avg Household Size
44
Median Age
32%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
1,868
Density / Sq Mi
$72,120
Median Household Income
$40,160
Median Earnings
$1,818
Median Rent
$237,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property includes central air, on-site parking, and a pitched roof.
Where is this mixed-use property located?
The property is located at 300 WHITE HORSE PIKE Absecon, NJ.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Central Business District designation; Located at 300 White Horse Pike, Absecon, NJ 08201; 80.00 x 170.00 lot
