Grocery and Convenience
For Sale
$660,000
3418--3420 Federal St, Camden, NJ 08105
The property has COM zoning, natural gas, and on-street parking.
Property Size2,614 SF
Price / SF$252.49
Days on Market63
Property Features for 3418--3420 Federal St
General Information
Standard status
Active
Size
2,614 SF
Total Parking Spaces
3
Zoning
COM
Taxes and HOA fees
Annual Taxes
$5,537
Amenities
Natural Gas
On Street
Building Details
Building Size
2,614 SF
Year Built
1920
Listing Agency:
Weichert Realtors - Moorestown
(856) 465-3884
Listed By:
Deysi Nunez · License #1865110
(856) 465-3884
Source:
Evrealestate
Added: Jul 1
Changed: Aug 31
Last Checked: Aug 31 at 3:22PM
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 Weichert Realtors - Moorestown
Investment Insights
Based on property information with market context.
This grocery and convenience store property is located at 3418–3420 Federal St in Camden, New Jersey. The building was constructed in 1920 and includes natural gas among its interior features. On-street parking is identified as an exterior feature.
The property is situated in Camden County and carries COM zoning. Access directions reference Federal Street and 49th Street, providing a documented route to the site.
The property is situated in Camden County and carries COM zoning. Access directions reference Federal Street and 49th Street, providing a documented route to the site.
Key Highlights
- Grocery and convenience store property at 3418–3420 Federal St, Camden, NJ 08105
- COM zoning designation
- Building constructed in 1920
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
$32,995
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
5.00%
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%
$659,900
$659.9K
Cap Rate 7%
$471,357
$471.4K
Cap Rate 9%
$366,611
$366.6K
Market Conditions
NOI Build-Up for 2,614 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
$47.1K $18.00/SF
− Vacancy
−$3.1K −$1.17/SF
EGI
$44.0K $16.83/SF
− OpEx
−$11.0K −$4.21/SF
NOI
$33.0K $12.62/SF
Area
Camden County, NJ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$659,900
Cap Rate 7%
$471,357
Cap Rate 9%
$366,611
Alternative Uses
Best Use
Specialty Retail
$471.4K
$412.4K – $549.9K
NOI $32,995 @ 7.0% cap · market cap 5.00%
Second Best
Mixed Use
$390.7K
$341.9K – $455.8K
NOI $27,349 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$662.8K
$580.0K – $773.3K
NOI $46,396 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 08105, NJ
26,572
Population
8,681
Households
3.1
Avg Household Size
31
Median Age
8%
College-Educated
63%
High-School Grad
2.6 sq mi
ZIP Area
10,220
Density / Sq Mi
$48,319
Median Household Income
$31,173
Median Earnings
$1,215
Median Rent
$113,100
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
- Super Deal Food Market — 3614 Marlton Pike, Pennsauken Township, NJ 08110
- Ava Supermarket — 300 Marlton Ave, Camden, NJ 08105
- 27 Supermarket — 74 S 27th St, Camden, NJ 08105
- Medina Supermarket — 74 s 27th st, camden, nj 08105
- Los Primos Food Market — 2947 Westfield Ave, Camden, NJ 08105
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The property has COM zoning, natural gas, and on-street parking.
Where is this grocery and convenience store located?
The property is located at 3418--3420 Federal St Camden, NJ.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Grocery and convenience store property at 3418–3420 Federal St, Camden, NJ 08105; COM zoning designation; Building constructed in 1920
