Storefront Retail
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 Market49
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: Oct 25
Last Checked: Oct 7 at 1:49PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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 / Yr
$9,857
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
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
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
