Mixed-Use Property with
For Sale
$365,000
511 WILLIAMSTOWN ROAD, Sicklerville, NJ 08081
Front commercial space is paired with a three-bedroom residence and horseshoe driveway.
Property Size1,216 SF
Price / SF$300.16
Days on Market10
Property Features for 511 WILLIAMSTOWN ROAD
General Information
Standard status
Active
Size
1,216 SF
Property subtype
Commercial
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Lamb Realty
(856) 589-8100
Listed By:
Gerald paul McGrath · License #1970540
(609) 502-1595
Source:
Cummingsrealtors
Added: Sep 11
Changed: Sep 19
Last Checked: Sep 20 at 8:51AM
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 Lamb Realty
Investment Insights
Based on property information with market context.
Built in 1950, this mixed-use property combines a front-facing store or office area with a three-bedroom, one-bath residence toward the rear. A full basement contains the mechanical systems and provides additional storage space. The property is offered as-is.
Located on Williamstown Road in Sicklerville, the building is surrounded by commercial businesses and sits along a busy roadway. A horseshoe driveway serves the property, while the rear yard may provide parking area subject to buyer verification. Buyers should confirm intended uses, required certifications, and any necessary variances with Winslow Township.
Located on Williamstown Road in Sicklerville, the building is surrounded by commercial businesses and sits along a busy roadway. A horseshoe driveway serves the property, while the rear yard may provide parking area subject to buyer verification. Buyers should confirm intended uses, required certifications, and any necessary variances with Winslow Township.
Key Highlights
- Front store or office area with rear three‑bedroom, one‑bath residence
- Full basement houses mechanical systems and offers storage space
- Horseshoe driveway serves the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,722
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$254,440
$254.4K
Cap Rate 7%
$181,743
$181.7K
Cap Rate 9%
$141,356
$141.4K
Market Conditions
NOI Build-Up for 1,216 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.9K $18.00/SF
− Vacancy
−$1.5K −$1.26/SF
EGI
$20.4K $16.74/SF
− OpEx
−$7.6K −$6.28/SF
NOI
$12.7K $10.46/SF
Area
Camden County, NJ
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$254,440
Cap Rate 7%
$181,743
Cap Rate 9%
$141,356
Alternative Uses
Best Use
Mixed Use
$181.7K
$159.0K – $212.0K
NOI $12,722 @ 7.0% cap · market cap 3.49%
Second Best
Retail
$167.3K
$146.4K – $195.1K
NOI $11,708 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$308.3K
$269.8K – $359.7K
NOI $21,583 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
88k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Dining 15%
Wawa
Shops & Services
39,343 visits/mo
0.1 miles
Dollar Tree
Shops & Services
11,319 visits/mo
0.1 miles
Dunkin' Donuts
Dining
9,602 visits/mo
0.2 miles
Dollar General
Shops & Services
8,295 visits/mo
0.2 miles
Conoco
Shops & Services
6,156 visits/mo
0.2 miles
Demographics for 08081, NJ
50,601
Population
18,361
Households
2.8
Avg Household Size
39
Median Age
35%
College-Educated
94%
High-School Grad
25.2 sq mi
ZIP Area
2,008
Density / Sq Mi
$102,924
Median Household Income
$51,734
Median Earnings
$1,551
Median Rent
$262,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Front commercial space is paired with a three-bedroom residence and horseshoe driveway.
Where is this mixed-use property located?
The property is located at 511 WILLIAMSTOWN ROAD Sicklerville, NJ.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Front store or office area with rear three‑bedroom, one‑bath residence; Full basement houses mechanical systems and offers storage space; Horseshoe driveway serves the property
