Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land on White Horse Pike Title is generated by Realmo AI

    415 South White Horse Pike, Hammonton, NJ 08037

    View on Map
    Claim this Listing
    For Sale
    $299,900

    Pinelands approved land parcel on White Horse Pike.

    Type:Land / Fee Simple
    Added:
    Mar 5, 2025
    Days on Market:
    453
    Last Refresh:
    Mar 13 at 4:11 pm

    Property Features for 415 South White Horse Pike

    General Information

    Standard status
    Active
    Property subtype
    Land / Fee Simple

    We can help!

    Listing Contact
    Joseph H Scarpati III

    Listing agent Joseph H Scarpati III

    Listing office

    Listing date Mar 5, 2025

    Source Compass

    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 Joseph H Scarpati III

    HighLights

    • "Pinelands Approved" parcel on White Horse Pike, ideal for commercial/retail/office/industrial development.
    • Rare opportunity with expansive frontage.
    • Public water and sewer available at the site.
    • Cleared and ready for development.
    • Owner has plans available for a 14k sq ft office building and warehouse.
    • Located in Hammonton Town (Atlantic County).

    Overview

    This "Pinelands Approved" land parcel is situated directly on the White Horse Pike. It presents a rare opportunity for commercial, retail, office, or industrial development with expansive frontage. Public water and sewer are available at the site. The owner has plans available for a 14,000 square foot office building and warehouse. The land is cleared and ready for development. The property is located in Hammonton Town and is part of the HAMMONTON TOWN SCHOOLS school district.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammonton
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.7751667
    Latitude
    39.6361848

    Nearby Similar for Sale

    • $849,890
      5,000 SF

      Turnkey Bar and Commercial Property

      Fully equipped bar with liquor license on 3.62 acres.
      40 E Black Horse Pike, Folsom Borough, NJ 08037
      View Details
    • $899,000
      7,823 SF

      Hammonton Office & Warehouse Opportunity

      Two commercial buildings in a prime location for the price of one.
      601-607 WHITE HORSE PIKE, HAMMONTON, NJ 08037
      View Details
    • $849,890
      5,000 SF

      Turnkey Bar and Commercial Property

      Turnkey bar on 3.62 acres with liquor license.
      40 E BLACK HORSE PIKE, HAMMONTON, NJ 08037
      View Details
    • $999,000
      1,920 SF

      Turn-Key Pizzeria with Rental Apartment

      Pizzeria business, equipment, and real estate for sale.
      697 S EGG HARBOR ROAD, HAMMONTON, NJ 08037
      View Details
    • $150,000

      Land in Nesco Village

      3.13 acre lot near shopping and highways.
      3605 Nesco Road, Mullica Township, NJ 08037
      View Details
    • $442,000

      Versatile Duplex in Hammonton, NJ

      Charming duplex with investment or owner-occupant potential in Hammonton.
      408 N Packard, Hammonton, NJ 08037
      View Details
    • $649,000
      10,800 SF

      Light Industrial Property For Sale

      Versatile light industrial property with income-producing solar panels in Hammonton, NJ.
      648 White Horse, Hammonton, NJ 08037
      View Details
    • $419,900

      Hammonton Land on White Horse

      1.32 acre commercial land with high traffic count.
      287 S White Horse Pike, Hammonton, NJ 08037
      View Details
    • $598,000
      2,751 SF

      Prime Location on Route 30

      7.22 acres on Route 30 with restructuring possibilities.
      511 S White Horse Pike, Hammonton, NJ 08037
      View Details
    • $1,650,000
      31,448 SF

      Manufacturing, Office, and Warehouse Space

      31,448 SF manufacturing, office, and warehouse on 3.88 acres.
      360 Fairview Avenue, Hammonton, NJ 08037
      View Details
    • $425,000

      Hammonton Commercial Property with Parking

      Commercial property with ample parking and recent capital improvements.
      320 South White Horse Pike, Hammonton, NJ 08037
      View Details
    • $110,000

      Hammonton, NJ Land For Sale

      2.97 acre commercial land available in Hammonton, New Jersey.
      Block: 3033 Lot: 13 ,14,15,16,17&18, Hammonton, NJ 08037
      View Details

    FAQs

    What type of property is this?
    Commercial land - Pinelands approved land parcel on White Horse Pike.
    Where is this commercial land located?
    The property is located at 415 South White Horse Pike Hammonton, NJ.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: "Pinelands Approved" parcel on White Horse Pike, ideal for commercial/retail/office/industrial development.; Rare opportunity with expansive frontage.; Public water and sewer available at the site.
    (609) 314-0907
    We can help!
    Listing Contact
    Joseph H Scarpati III
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    415 South White Horse Pike, Hammonton, NJ 08037
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!