Storefront with Open
501 S BROADWAY TURNPIKE, Gloucester City, NJ 08030
For Sale
$318,200
Commercial storefront featuring recessed lighting, an eat-in kitchen, and stacked laundry equipment.
Property Size1,200 SF
Price / SF$265.17
Days on Market98
Property Features for 501 S BROADWAY TURNPIKE
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
BHHS Fox & Roach-Mt Laurel
(856) 222-0077
Listed By:
Maria E Jobes-Hogan · License #1435864
(609) 923-7930
Source:
Cummingsrealtors
Added: Aug 2
Changed: Nov 6
Last Checked: Nov 6 at 9:20AM
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.
This storefront property at 501 S Broadway Turnpike offers an open interior arrangement with recessed lighting and an eat-in kitchen. The space includes an electric range, electric oven, dishwasher, refrigerator, microwave, and stacked washer and dryer. Heating and utility features include electric baseboard service, ceiling fans, and a gas water heater.
The property is zoned 4A COMMERCIAL and was built in 1922. On-street parking is available, and the recorded directions connect the site from Koehler St to Broadway. The Gloucester City address places the property on S Broadway Turnpike in Camden County.
The property is zoned 4A COMMERCIAL and was built in 1922. On-street parking is available, and the recorded directions connect the site from Koehler St to Broadway. The Gloucester City address places the property on S Broadway Turnpike in Camden County.
Key Highlights
- 4A COMMERCIAL zoning
- Open floorplan with recessed lighting
- Eat‑in kitchen with appliance package
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Dining 11%
Wawa
Shops & Services
15,684 visits/mo
0.3 miles
Dollar Tree
Shops & Services
7,805 visits/mo
0.2 miles
Dollar General
Shops & Services
7,629 visits/mo
0.2 miles
Phillips 66
Shops & Services
6,573 visits/mo
0.4 miles
Dunkin' Donuts
Dining
4,813 visits/mo
0.2 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
$169,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Commercial storefront featuring recessed lighting, an eat-in kitchen, and stacked laundry equipment.
Where is this storefront property located?
The property is located at 501 S BROADWAY TURNPIKE 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: 4A COMMERCIAL zoning; Open floorplan with recessed lighting; Eat‑in kitchen with appliance package
