Storefront Property with Street
501 S BROADWAY, Gloucester City, NJ 08030
For Sale
$318,200
Commercially zoned storefront with on-street parking, baseboard heating, and a gas water heater.
Property Size1,200 SF
Days on Market98
Property Features for 501 S BROADWAY
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
BHHS Fox & Roach-Mt Laurel
Listed By:
Maria E Jobes-Hogan · License #1435864
(609) 923-7930
Source:
Patmckennarealtors
Added: Aug 2
Changed: Nov 5
Last Checked: Nov 6 at 6:39PM
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 BHHS Fox & Roach-Mt Laurel
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Investment Insights
Based on property information with market context.
Located at 501 S Broadway in Gloucester City, this storefront property was built in 1922 and offers a commercial setting with on-street parking. The property is identified under the 4A COMMERICAL zoning designation.
Interior systems include electric ceiling fans, baseboard heating supported by electric and natural gas service, and a gas water heater. Access is available from Koehler Street to S. Broadway, with the property situated in Camden County.
Interior systems include electric ceiling fans, baseboard heating supported by electric and natural gas service, and a gas water heater. Access is available from Koehler Street to S. Broadway, with the property situated in Camden County.
Key Highlights
- Storefront property at 501 S Broadway, Gloucester City, NJ 08030
- Built in 1922
- Zoned 4A COMMERICAL
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,554
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,080
$231.1K
Cap Rate 7%
$165,057
$165.1K
Cap Rate 9%
$128,378
$128.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.0K $15.00/SF
− Vacancy
−$1.5K −$1.25/SF
EGI
$16.5K $13.76/SF
− OpEx
−$5.0K −$4.13/SF
NOI
$11.6K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,080
Cap Rate 7%
$165,057
Cap Rate 9%
$128,378
Alternative Uses
Best Use
Retail
$165.1K
$144.4K – $192.6K
NOI $11,554 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.3K
$266.2K – $355.0K
NOI $21,299 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 16%
Dollar Tree
Shops & Services
7,805 visits/mo
0.1 miles
Dollar General
Shops & Services
7,629 visits/mo
0.1 miles
Phillips 66
Shops & Services
6,573 visits/mo
0.4 miles
Dunkin' Donuts
Dining
4,813 visits/mo
0.0 miles
TD Bank
Shops & Services
4,006 visits/mo
0.5 miles
Demographics for 08030, NJ
13,261
Population
5,470
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
4,736
Density / Sq Mi
$66,190
Median Household Income
$38,853
Median Earnings
$1,498
Median Rent
$169,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Camden County, NJ
Properties on Market for Storefront properties in Camden County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Sunshine Flowers & Gifts — 2 N Broadway, Gloucester City, NJ 08030
Frequently Asked Questions
What type of property is this?
Storefront property - Commercially zoned storefront with on-street parking, baseboard heating, and a gas water heater.
Where is this storefront property located?
The property is located at 501 S BROADWAY Gloucester City, NJ.
What is the asking price?
The asking price for this property is $318,200.
What are key features of this property?
This property features: Storefront property at 501 S Broadway, Gloucester City, NJ 08030; Built in 1922; Zoned 4A COMMERICAL
