Automotive Property with Four Service
346 N HARDING HWY, Buena, NJ 08310
For Sale
$447,000
Highway-oriented property combining a vehicle sales lot with an established automotive business and service operation.
Property Size2,500 SF
Price / SF$178.80
Days on Market99
Property Features for 346 N HARDING HWY
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Service Bays
Building Details
Year Built
Listing Agency:
Sabal Real Estate
Listed By:
Jenifer Raffa · License #0453407
(856) 872-4100
Source:
Cummingsrealtors
Added: Jul 31
Changed: Nov 6
Last Checked: Nov 6 at 10:14AM
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 Sabal Real Estate
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Investment Insights
Based on property information with market context.
This 2,500 SF automotive property includes a vehicle sales lot and four drive-in service bays. The operating auto sales business and the real estate are offered together, with the business having operated for 17 years. Garage equipment and vehicle inventory are available separately.
Located at 346 N Harding Hwy in Buena, New Jersey, the property occupies a major highway setting and is zoned for automotive use. The existing configuration supports continued vehicle sales and service operations, while the source information also identifies potential related applications including auto body work, mechanical repair, detailing, and vehicle storage.
Located at 346 N Harding Hwy in Buena, New Jersey, the property occupies a major highway setting and is zoned for automotive use. The existing configuration supports continued vehicle sales and service operations, while the source information also identifies potential related applications including auto body work, mechanical repair, detailing, and vehicle storage.
Key Highlights
- 2,500 SF automotive property
- Four drive‑in service bays
- Vehicle sales lot included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,019
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,380
$480.4K
Cap Rate 7%
$343,129
$343.1K
Cap Rate 9%
$266,878
$266.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$37.5K $15.00/SF
− Vacancy
−$3.2K −$1.28/SF
EGI
$34.3K $13.73/SF
− OpEx
−$10.3K −$4.12/SF
NOI
$24.0K $9.61/SF
Area
Atlantic County, NJ
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$480,380
Cap Rate 7%
$343,129
Cap Rate 9%
$266,878
Alternative Uses
Best Use
Industrial
$766.7K
$670.9K – $894.5K
NOI $53,668 @ 7.0% cap · market cap 12.01%
Second Best
Retail
$343.1K
$300.2K – $400.3K
NOI $24,019 @ 7.0% cap · market cap 5.37%
Theoretical Best
Warehouse
$931.0K
$814.6K – $1.09M
NOI $65,169 @ 7.0% cap · market cap 14.58%
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
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Current Use
Lease Details
4
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 08310, NJ
1,776
Population
723
Households
2.5
Avg Household Size
47
Median Age
14%
College-Educated
85%
High-School Grad
12.2 sq mi
ZIP Area
146
Density / Sq Mi
$46,188
Median Household Income
$27,193
Median Earnings
$1,075
Median Rent
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Automotive properties in Atlantic County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Mac's Motorcycles — 301 S Harding Hwy, Landisville, NJ 08326
Frequently Asked Questions
What type of property is this?
Automotive property - Highway-oriented property combining a vehicle sales lot with an established automotive business and service operation.
Where is this automotive property located?
The property is located at 346 N HARDING HWY Buena, NJ.
What is the asking price?
The asking price for this property is $447,000.
What are key features of this property?
This property features: 2,500 SF automotive property; Four drive‑in service bays; Vehicle sales lot included
