Flex Space with Fenced
For Sale
Contact for pricing
6 W BLACK HORSE PIKE, Williamstown, NJ 08094
Vacant commercial space combines a warehouse, storefront, and separately leasable areas.
Property Size12,000 SF
Price / SF$0.75
Days on Market95
Property Features for 6 W BLACK HORSE PIKE
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Commercial
Building Details
Year Built
1964
Listing Agency:
Century 21 Rauh & Johns
(856) 582-0366
Listed By:
Peter C Sideris · License #0560849
(856) 905-7458
Source:
Cummingsrealtors
Added: Jul 28
Changed: Oct 29
Last Checked: Oct 28 at 7:53AM
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 Century 21 Rauh & Johns
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Investment Insights
Based on property information with market context.
This flex space includes an approximately 12,000-square-foot warehouse and storefront that can be leased separately. The property is vacant and includes a fenced-in yard for outdoor storage. The warehouse features 14-foot ceilings and two drive-in doors, allowing vehicles to enter through one door and exit through the other. Stated potential uses include auto repair, warehouse, retail, storage, convenience store, and other services.
Located at 6 W Black Horse Pike in Williamstown, New Jersey, the property sits along the busy Black Horse Pike, with over 60,000 vehicles per day. It is close to the AC Expressway and positioned between Philadelphia and the shore. The building was constructed in 1964.
Located at 6 W Black Horse Pike in Williamstown, New Jersey, the property sits along the busy Black Horse Pike, with over 60,000 vehicles per day. It is close to the AC Expressway and positioned between Philadelphia and the shore. The building was constructed in 1964.
Key Highlights
- Approximately 12,000 square feet of warehouse and storefront space
- Warehouse and storefront can be leased separately
- Fenced‑in yard for outdoor storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,885
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,117,700
$2.1M
Cap Rate 7%
$1,512,643
$1.5M
Cap Rate 9%
$1,176,500
$1.2M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$180.0K $15.00/SF
− Vacancy
−$17.1K −$1.43/SF
EGI
$162.9K $13.58/SF
− OpEx
−$57.0K −$4.75/SF
NOI
$105.9K $8.82/SF
Area
Gloucester County, NJ
Vacancy
9.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,117,700
Cap Rate 7%
$1,512,643
Cap Rate 9%
$1,176,500
Alternative Uses
Best Use
Warehouse
$2.27M
$1.99M – $2.65M
NOI $158,919 @ 7.0% cap · market cap 1,765.77%
Second Best
Retail
$1.94M
$1.70M – $2.26M
NOI $135,836 @ 7.0% cap · market cap 1,509.29%
Theoretical Best
Office A
$4.03M
$3.53M – $4.71M
NOI $282,358 @ 7.0% cap · market cap 3,137.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 08094, NJ
40,774
Population
15,878
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
94%
High-School Grad
54.8 sq mi
ZIP Area
744
Density / Sq Mi
$92,125
Median Household Income
$52,681
Median Earnings
$1,420
Median Rent
$260,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Vacant commercial space combines a warehouse, storefront, and separately leasable areas.
Where is this flex space located?
The property is located at 6 W BLACK HORSE PIKE Williamstown, NJ.
What are key features of this property?
This property features: Approximately 12,000 square feet of warehouse and storefront space; Warehouse and storefront can be leased separately; Fenced‑in yard for outdoor storage
