Storefront Retail
New
For Sale
$315,000
300 White Horse Pike, Absecon, NJ 08201
Commercial storefront along White Horse Pike with potential for retail, restaurant, office, and personal service uses.
Property Size1,026 SF
Price / SF$307.02
Days on Market4
Property Features for 300 White Horse Pike
General Information
Standard status
Active
Size
1,026 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1900
Listing Agency:
Keller Williams Realty - Atlantic Shore
Listed By:
Rosalie Hadulias · License #0016077
(609) 839-7904
Source:
Soldbypattie
Added: Sep 16
Changed: Sep 17
Last Checked: Sep 18 at 9:13AM
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 - Atlantic Shore
Investment Insights
Based on property information with market context.
This storefront commercial property is located at 300 White Horse Pike in Absecon, New Jersey. The building dates to 1900 and is positioned along a major highway corridor.
The property information identifies potential applications including retail, restaurants, professional offices, general business operations, cannabis dispensaries, barber shops, and beauty shops. Zoning details are referenced under Section 224-43 of Absecon’s Land Use Development regulations.
The property information identifies potential applications including retail, restaurants, professional offices, general business operations, cannabis dispensaries, barber shops, and beauty shops. Zoning details are referenced under Section 224-43 of Absecon’s Land Use Development regulations.
Key Highlights
- Storefront commercial property at 300 White Horse Pike
- Building constructed in 1900
- Potential uses include retail, restaurants, offices, and personal services
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
$9,857
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
3.13%
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%
$197,140
$197.1K
Cap Rate 7%
$140,814
$140.8K
Cap Rate 9%
$109,522
$109.5K
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
$15.4K $15.00/SF
− Vacancy
−$1.3K −$1.28/SF
EGI
$14.1K $13.73/SF
− OpEx
−$4.2K −$4.12/SF
NOI
$9.9K $9.61/SF
Area
Atlantic County, NJ
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$197,140
Cap Rate 7%
$140,814
Cap Rate 9%
$109,522
Alternative Uses
Best Use
Retail
$140.8K
$123.2K – $164.3K
NOI $9,857 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
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
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 39%
Apparel 8%
Wawa
Shops & Services
17,536 visits/mo
0.5 miles
Burger King
Dining
10,864 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
7,648 visits/mo
0.3 miles
Bank of America
Shops & Services
5,777 visits/mo
0.1 miles
Dunkin' Donuts
Dining
5,728 visits/mo
0.3 miles
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 Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Absecon Blooms — 134 New Jersey Ave, Absecon, NJ 08201
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront along White Horse Pike with potential for retail, restaurant, office, and personal service uses.
Where is this storefront 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: Storefront commercial property at 300 White Horse Pike; Building constructed in 1900; Potential uses include retail, restaurants, offices, and personal services
