Accessible Office
For Sale
Contact for pricing
602 LITTLE GLOUCESTER ROAD, Blackwood, NJ 08012
Utilities are included except for internet, with shared restrooms and maintained common areas.
Property Size4,000 SF
Price / SF$0.19
Days on Market50
Property Features for 602 LITTLE GLOUCESTER ROAD
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Amenities
common area bathrooms
weekly cleaning
Building Details
Year Built
2012
Listing Agency:
BHHS Fox & Roach-Marlton
(856) 810-5300
Listed By:
Dawn Varallo · License #RS361696
(856) 381-7884
Source:
Cummingsrealtors
Added: Sep 3
Changed: Oct 21
Last Checked: Oct 20 at 9:18PM
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-Marlton
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Investment Insights
Based on property information with market context.
This office property at 602 Little Gloucester Road in Blackwood, New Jersey, contains 4,000 square feet and was built in 2012. The building offers a quiet setting, handicap accessibility, common-area bathrooms, and a convenient parking lot for clients and employees.
Utilities are included with the exception of internet service. Common areas receive weekly cleaning, supporting a maintained shared environment. The surrounding area includes parks, recreational facilities, local shops, and restaurants, providing a range of nearby community amenities.
Utilities are included with the exception of internet service. Common areas receive weekly cleaning, supporting a maintained shared environment. The surrounding area includes parks, recreational facilities, local shops, and restaurants, providing a range of nearby community amenities.
Key Highlights
- 4,000‑square‑foot office property built in 2012
- Handicap accessible
- Convenient on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,130
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,600
$1.1M
Cap Rate 7%
$801,857
$801.9K
Cap Rate 9%
$623,667
$623.7K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$87.8K $21.96/SF
− Vacancy
−$13.0K −$3.25/SF
EGI
$74.8K $18.71/SF
− OpEx
−$18.7K −$4.68/SF
NOI
$56.1K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,600
Cap Rate 7%
$801,857
Cap Rate 9%
$623,667
Alternative Uses
Best Use
Office B
$801.9K
$701.6K – $935.5K
NOI $56,130 @ 7.0% cap · market cap 7,484.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$887.4K – $1.18M
NOI $70,995 @ 7.0% cap · market cap 9,466.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
Explore this area
Business Placement
Demographics for 08012, NJ
38,581
Population
16,192
Households
2.4
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
15.0 sq mi
ZIP Area
2,572
Density / Sq Mi
$93,497
Median Household Income
$52,650
Median Earnings
$1,589
Median Rent
$268,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Utilities are included except for internet, with shared restrooms and maintained common areas.
Where is this office unit located?
The property is located at 602 LITTLE GLOUCESTER ROAD Blackwood, NJ.
What are key features of this property?
This property features: 4,000‑square‑foot office property built in 2012; Handicap accessible; Convenient on‑site parking lot
