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57 E KINGS HIGHWAY, Audubon, NJ 08106

The storefront is located on E Kings Highway in Audubon.

Property Size872 SF
Price / SF$2.41
Days on Market4

Property Features for 57 E KINGS HIGHWAY

General Information

Standard status Active
Size 872 SF
Property subtype Commercial

Building Details

Year Built 1962
Listing Agency: Weichert Realtors-Haddonfield
Listed By: Michael J Scannell · License #2078163
Source: Cummingsrealtors
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 1 at 4:59AM

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 Weichert Realtors-Haddonfield

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 commercial storefront at 57 E Kings Highway in Audubon, New Jersey, was built in 1962.

Key Highlights

  • 57 E Kings Highway, Audubon, NJ 08106
  • Built in 1962

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,396
Suggested Prices Based on Cap Rates
Cap Rate 5%
$167,920 $167.9K
Cap Rate 7%
$119,943 $119.9K
Cap Rate 9%
$93,289 $93.3K
Market Conditions
NOI Build-Up for 872 SF
Gross rent
$13.1K $15.00/SF
− Vacancy
−$1.1K −$1.25/SF
EGI
$12.0K $13.76/SF
− OpEx
−$3.6K −$4.13/SF
NOI
$8.4K $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%
$167,920
Cap Rate 7%
$119,943
Cap Rate 9%
$93,289

Alternative Uses

Best Use
Retail
$119.9K
$105.0K – $139.9K (±1% cap)
NOI $8,396 @ 7.0% cap · market cap 399.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$221.1K
$193.5K – $258.0K (±1% cap)
NOI $15,477 @ 7.0% cap · market cap 737.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Food Market Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,020
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 86% Electronics 8% Home Improvements & Furnishings 5%
Wawa Shops & Services
15,932 visits/mo 0.4 miles
Conoco Shops & Services
8,055 visits/mo 0.2 miles
Citizens Bank Shops & Services
2,712 visits/mo 0.3 miles
Verizon Electronics
2,618 visits/mo 0.5 miles
Audubon Hardware & Supply Co. Home Improvements & Furnishings
1,671 visits/mo 0.4 miles

Demographics for 08106, NJ

9,698
Population
3,996
Households
2.4
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
1.6 sq mi
ZIP Area
6,061
Density / Sq Mi
$107,539
Median Household Income
$61,139
Median Earnings
$1,083
Median Rent
$286,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Freshest Flowers — 503 Station Ave, Haddon Heights, NJ 08035
  • Sublime Event Design — 317 E Atlantic Ave, Audubon, NJ 08106

Frequently Asked Questions

What type of property is this?
Storefront property - The storefront is located on E Kings Highway in Audubon.
Where is this storefront property located?
The property is located at 57 E KINGS HIGHWAY Audubon, NJ.
What are key features of this property?
This property features: 57 E Kings Highway, Audubon, NJ 08106; Built in 1962
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Includes: Price & PSF · Cap rate · Location · Zoning

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