Corner Commercial Land With
315 N Black Horse Pike, Mount Ephraim, NJ 08059
For Sale
$319,900
High-exposure Black Horse Pike site with an existing commercial structure and access to established South Jersey business corridors.
Property Size2,605 SF
Price / SF$122.80
Days on Market100
Property Features for 315 N Black Horse Pike
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
RE/MAX Preferred - Cherry Hill
Listed By:
ARAFAT FARHAT · License #RS352372
(609) 352-5803
Source:
Kableteam
Added: Aug 2
Changed: Oct 26
Last Checked: Nov 8 at 10:32AM
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 RE/MAX Preferred - Cherry Hill
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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 commercial land property includes an existing 2,600+ square foot commercial building constructed in 1951. Positioned on a corner lot along the Black Horse Pike, the site can support renovation, repositioning, redevelopment, or a build-to-suit project, subject to approvals. The property is suited to retail, medical, professional office, restaurant, automotive, or other mixed commercial uses identified in the source information.
The site benefits from visibility along a corridor carrying more than 40,000 vehicles per day. Surrounding context includes national retailers and established businesses, with access to major highways, bridges, and Philadelphia. The combination of an existing structure, corner positioning, and established commercial surroundings provides a range of potential redevelopment configurations.
The site benefits from visibility along a corridor carrying more than 40,000 vehicles per day. Surrounding context includes national retailers and established businesses, with access to major highways, bridges, and Philadelphia. The combination of an existing structure, corner positioning, and established commercial surroundings provides a range of potential redevelopment configurations.
Key Highlights
- 2,600+ SF existing commercial building
- 40,000+ vehicles per day on the Black Horse Pike corridor
- Corner‑lot positioning with high exposure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,082
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,640
$501.6K
Cap Rate 7%
$358,314
$358.3K
Cap Rate 9%
$278,689
$278.7K
Market Conditions
NOI Build-Up for 2,605 SF
Gross rent
$39.1K $15.00/SF
− Vacancy
−$3.2K −$1.25/SF
EGI
$35.8K $13.76/SF
− OpEx
−$10.7K −$4.13/SF
NOI
$25.1K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,640
Cap Rate 7%
$358,314
Cap Rate 9%
$278,689
Alternative Uses
Best Use
Retail
$358.3K
$313.5K – $418.0K
NOI $25,082 @ 7.0% cap · market cap 7.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$660.5K
$578.0K – $770.6K
NOI $46,236 @ 7.0% cap · market cap 14.45%
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
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
236k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 31%
Apparel 27%
Electronics 3%
Wawa
Shops & Services
43,138 visits/mo
0.1 miles
Marshalls
Apparel
35,031 visits/mo
0.4 miles
Chick-fil-A
Dining
33,873 visits/mo
0.4 miles
Five Below
Shops & Services
27,154 visits/mo
0.4 miles
Taco Bell
Dining
17,595 visits/mo
0.2 miles
Demographics for 08059, NJ
5,639
Population
2,408
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
94%
High-School Grad
1.2 sq mi
ZIP Area
4,699
Density / Sq Mi
$95,635
Median Household Income
$55,574
Median Earnings
$1,458
Median Rent
$231,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Commercial land in Camden County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Commercial land - High-exposure Black Horse Pike site with an existing commercial structure and access to established South Jersey business corridors.
Where is this commercial land located?
The property is located at 315 N Black Horse Pike Mount Ephraim, NJ.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 2,600+ SF existing commercial building; 40,000+ vehicles per day on the Black Horse Pike corridor; Corner‑lot positioning with high exposure
