Industrial Building with 16-Foot
For Sale
$349,999
320 White Horse Pike, Waterford Works, NJ 08089
Single-story industrial building on a corner lot with 16-foot ceilings, central HVAC, and ample surface parking.
Property Size2,564 SF
Lot Size0.86 Acres
Price / SF$136.51
Days on Market179
Property Features for 320 White Horse Pike
General Information
Standard status
Active
Size
2,564 SF
Total Parking Spaces
30
Lot size
0.86 Acres
Zoning
PC-4
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Cap Rate
7.32%
Clear Height
16 ft
Building Details
Year Built
2003
Stories
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Carla H Cornick · License #2293453
(609) 694-9944
Source:
Selltheshore
Added: Apr 24
Changed: Oct 10
Last Checked: Oct 7 at 4:59PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This single-story industrial building offers flexible space for warehouse, distribution, or light industrial operations, with 16-foot ceiling height and block construction. The property includes central HVAC, natural gas service, and robust power infrastructure, supported by ample surface parking with 30 spaces. It is situated on a corner lot totaling 37,500 SF, with 150 feet of frontage and approximately 250 feet of depth.
Located along the high-traffic corridor of South White Horse Pike in Winslow Township, the site is zoned PC-4 within a Highway Commercial district. The listing also notes professional landscaping and a minimal flood risk designation.
Utilities and site improvements are in place to support day-to-day operations, and the asset’s stated investment profile includes a projected NOI of $32,936 and a 7.32% cap rate. The remarks further cite the Township’s position between Philadelphia and Atlantic City and proximity to major regional airports including Newark, JFK, and LaGuardia.
Located along the high-traffic corridor of South White Horse Pike in Winslow Township, the site is zoned PC-4 within a Highway Commercial district. The listing also notes professional landscaping and a minimal flood risk designation.
Utilities and site improvements are in place to support day-to-day operations, and the asset’s stated investment profile includes a projected NOI of $32,936 and a 7.32% cap rate. The remarks further cite the Township’s position between Philadelphia and Atlantic City and proximity to major regional airports including Newark, JFK, and LaGuardia.
Key Highlights
- 2,564 SF single‑story industrial building on a corner lot along S White Horse Pike in Winslow Township
- 37,500 SF site with 150 ft of frontage and 250 ft depth
- Zoned PC‑4 (Highway Commercial) offering flexibility for warehouse, distribution, or light industrial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,177
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,540
$623.5K
Cap Rate 7%
$445,386
$445.4K
Cap Rate 9%
$346,411
$346.4K
Market Conditions
NOI Build-Up for 2,564 SF
Gross rent
$40.0K $15.60/SF
− Vacancy
−$3.3K −$1.29/SF
EGI
$36.7K $14.31/SF
− OpEx
−$5.5K −$2.15/SF
NOI
$31.2K $12.16/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,540
Cap Rate 7%
$445,386
Cap Rate 9%
$346,411
Alternative Uses
Best Use
Warehouse
$445.4K
$389.7K – $519.6K
NOI $31,177 @ 7.0% cap · market cap 8.91%
Second Best
Industrial
$356.9K
$312.3K – $416.4K
NOI $24,984 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$650.1K
$568.9K – $758.5K
NOI $45,508 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08089, NJ
3,774
Population
1,515
Households
2.5
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
16.1 sq mi
ZIP Area
234
Density / Sq Mi
$120,417
Median Household Income
$47,976
Median Earnings
$888
Median Rent
$248,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- The Shed Mover — 204 white horse pike, atco, nj 08004
Frequently Asked Questions
What type of property is this?
Warehouse - Single-story industrial building on a corner lot with 16-foot ceilings, central HVAC, and ample surface parking.
Where is this warehouse located?
The property is located at 320 White Horse Pike Waterford Works, NJ.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: 2,564 SF single‑story industrial building on a corner lot along S White Horse Pike in Winslow Township; 37,500 SF site with 150 ft of frontage and 250 ft depth; Zoned PC‑4 (Highway Commercial) offering flexibility for warehouse, distribution, or light industrial use
