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Freestanding Office/Retail Building
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531 Mullica Hill Rd, Mullica Hill, NJ 08062

Freestanding office/retail building on Mullica Hill Road with building signage for high visibility.

Property Size2,564 SF
Lot Size0.50 Acres
Price / SF$167.32
Days on Market356

Property Features for 531 Mullica Hill Rd

General Information

Standard status Active
Size 2,564 SF
Lot size 0.50 Acres
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Building Size 2,564 SF
Listing Agency: Vantage Commercial
Listed By: Ken Richardson · License ##1865294
Source: Moodyscre
Added: Nov 5, 2025 Changed: Oct 25 Last Checked: Oct 26 at 5:00PM

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 Vantage Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This free-standing office/retail building is approximately 2,564 square feet on about 0.5 acres. The property is described as well maintained and is set up to serve either office users or a retail “shop” operation, with building signage intended to support visibility.

The building is situated directly on Mullica Hill Road. Mullica Hill is accessible via Route 55, which provides direct connections to I-295 and I-95, offering convenient regional travel.

The offering includes a single, freestanding structure designed for combined office and retail use, supported by prominent on-building signage.

Key Highlights

  • Free‑standing office/retail building of approx. 2,564 SF on approx. 0.5 acres
  • Directly on Mullica Hill Road with building signage
  • Located in Mullica Hill, NJ with easy access via Route 55 to I‑295 and I‑95

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,024
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,480 $580.5K
Cap Rate 7%
$414,629 $414.6K
Cap Rate 9%
$322,489 $322.5K
Market Conditions
NOI Build-Up for 2,564 SF
Gross rent
$43.7K $17.04/SF
− Vacancy
−$2.2K −$0.87/SF
EGI
$41.5K $16.17/SF
− OpEx
−$12.4K −$4.85/SF
NOI
$29.0K $11.32/SF
Area
Gloucester County, NJ
Vacancy
5.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,480
Cap Rate 7%
$414,629
Cap Rate 9%
$322,489

Alternative Uses

Best Use
Office B
$577.6K
$505.4K – $673.9K (±1% cap)
NOI $40,435 @ 7.0% cap · market cap 9.43%
Second Best
Retail
$414.6K
$362.8K – $483.7K (±1% cap)
NOI $29,024 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$861.9K
$754.1K – $1.01M (±1% cap)
NOI $60,330 @ 7.0% cap · market cap 14.06%
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
Open Analytics

Current Use

Douglas R. LaBrosse: ... Insurance Agency Term Life Insurance ... Insurance Agency Allstate Personal Financial ... Financial Advisor Bioderma Medical Clinic Artist Studios Llc Artist

Suggested Use

Top Pick Building Supply Parking Lot & Garage Dental Office Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 08062, NJ

17,446
Population
5,796
Households
3
Avg Household Size
40
Median Age
54%
College-Educated
95%
High-School Grad
32.2 sq mi
ZIP Area
542
Density / Sq Mi
$159,386
Median Household Income
$74,254
Median Earnings
$1,097
Median Rent
$468,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Freestanding office/retail building on Mullica Hill Road with building signage for high visibility.
Where is this office building located?
The property is located at 531 Mullica Hill Rd Mullica Hill, NJ.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Free‑standing office/retail building of approx. 2,564 SF on approx. 0.5 acres; Directly on Mullica Hill Road with building signage; Located in Mullica Hill, NJ with easy access via Route 55 to I‑295 and I‑95
(609) 346-0512 Call to check price and availability
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