Building Details

Building Size 2,614 SF

Year Built 1920

Listing Agency: Weichert Realtors - Moorestown

Listed By: Deysi Nunez · License #1865110 Show Phone

Source: Evrealestate

Added: Jul 1 Changed: Oct 10 Last Checked: Oct 14 at 10:48PM

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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

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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.

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 / Yr

$32,995

Cap Rate

5.00%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$659,900 $659.9K

Cap Rate 7%

$471,357 $471.4K

Cap Rate 9%

$366,611 $366.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,614 SF

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 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 (±1% cap)

NOI $32,995 @ 7.0% cap · market cap 5.00%

Second Best

Mixed Use

$390.7K

$341.9K – $455.8K (±1% cap)

NOI $27,349 @ 7.0% cap · market cap 4.14%

Theoretical Best

Office A

$662.8K

$580.0K – $773.3K (±1% cap)

NOI $46,396 @ 7.0% cap · market cap 7.03%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Electrical Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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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