Three-Story Retail Building with
307 BORDENTOWN CHESTERFIELD ROAD, Chesterfield, NJ 08515
For Sale
$1,400,000
The property includes a separate carriage house, business equipment, and a delivery van.
Property Size4,281 SF
Lot Size0.50 Acres
Price / SF$327.03
Days on Market16
Property Features for 307 BORDENTOWN CHESTERFIELD ROAD
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Business Included
Building Details
Year Built
Buildings
Stories
Listing Agency:
Action USA Jay Robert Realtors
(609) 890-6858
Listed By:
Linda M Fennimore · License #22296230
(609) 577-2642
Source:
Cummingsrealtors
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 7 at 7:41PM
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 Action USA Jay Robert Realtors
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Investment Insights
Based on property information with market context.
This three-story retail property contains 4,281 square feet on a 0.501-acre parcel in Chesterfield. Interior features include refinished hardwood floors, built-in shelving, and preserved architectural details. A wraparound porch and rear wheelchair-accessible ramp are among the building’s exterior features; the first-floor bathroom is ADA-approved, and a powder room is located on the second floor. The property also includes an 18' x 20' two-story carriage house.
The building has been used for business purposes, including as the home of Chesterfield Floral Co., Inc. The sale includes the business name, portfolio, social media accounts, delivery van, and listed furnishings and equipment. Residential conversion is described as a possibility subject to applicable approvals.
The building has been used for business purposes, including as the home of Chesterfield Floral Co., Inc. The sale includes the business name, portfolio, social media accounts, delivery van, and listed furnishings and equipment. Residential conversion is described as a possibility subject to applicable approvals.
Key Highlights
- 4,281‑square‑foot, three‑story retail property on 0.501 acres
- 18' x 20' two‑story carriage house
- Sale includes Chesterfield Floral Co., Inc. name, portfolio, social media accounts, and delivery van
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,018
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,360
$1.3M
Cap Rate 7%
$914,543
$914.5K
Cap Rate 9%
$711,311
$711.3K
Market Conditions
NOI Build-Up for 4,281 SF
Gross rent
$96.1K $22.44/SF
− Vacancy
−$4.6K −$1.08/SF
EGI
$91.5K $21.36/SF
− OpEx
−$27.4K −$6.41/SF
NOI
$64.0K $14.95/SF
Area
Burlington County, NJ
Vacancy
4.80%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,360
Cap Rate 7%
$914,543
Cap Rate 9%
$711,311
Alternative Uses
Best Use
Retail
$914.5K
$800.2K – $1.07M
NOI $64,018 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.95M
$7.83M – $10.45M
NOI $626,754 @ 7.0% cap · market cap 44.77%
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
497
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Beneficial Bank
Shops & Services
497 visits/mo
0.4 miles
Demographics for 08515, NJ
6,344
Population
2,556
Households
2.5
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
21.2 sq mi
ZIP Area
299
Density / Sq Mi
$193,783
Median Household Income
$82,974
Median Earnings
$2,545
Median Rent
$518,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Burlington County, NJ
Properties on Market for Retail space in Burlington County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The property includes a separate carriage house, business equipment, and a delivery van.
Where is this retail space located?
The property is located at 307 BORDENTOWN CHESTERFIELD ROAD Chesterfield, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 4,281‑square‑foot, three‑story retail property on 0.501 acres; 18' x 20' two‑story carriage house; Sale includes Chesterfield Floral Co., Inc. name, portfolio, social media accounts, and delivery van
