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Temperature-Controlled Storage Facility
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615 WHITE HORSE PIKE, Haddon Heights, NJ 08035

Stand-alone three-bay garage restricted to storage use, with no water or sewer service and no customer-facing operations.

Property Size900 SF
Price / SF$1.11
Days on Market80

Property Features for 615 WHITE HORSE PIKE

General Information

Standard status Active
Size 900 SF
Property subtype Commercial

Building Details

Year Built 1998
Buildings 1
Building Size 900 SF
Listing Agency: Keller Williams - Main Street
Listed By: Michael Stollenwerk
Source: Cummingsrealtors
Added: Jul 30 Changed: Oct 16 Last Checked: Oct 16 at 8:22AM

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 Keller Williams - Main Street

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Investment Insights

Based on property information with market context.

This stand-alone refrigerated and cold storage property provides approximately 900 square feet within a three-bay garage constructed in 1998. The interior is temperature controlled to help safeguard stored belongings throughout the year.

Use is limited to storage. The property is not approved for commercial or business operations, including retail, repairs, manufacturing, office functions, or customer traffic. Water and sewer service are not provided. Permitted storage applications identified for the space include vehicles, classic cars, motorcycles, boats, equipment, inventory, household items, and e-commerce or drop-shipping goods.

Key Highlights

  • Approximately 900 square feet of temperature‑controlled storage space
  • Stand‑alone three‑bay garage
  • Built in 1998

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,943
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,860 $218.9K
Cap Rate 7%
$156,329 $156.3K
Cap Rate 9%
$121,589 $121.6K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$14.0K $15.60/SF
− Vacancy
−$1.2K −$1.29/SF
EGI
$12.9K $14.31/SF
− OpEx
−$1.9K −$2.15/SF
NOI
$10.9K $12.16/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,860
Cap Rate 7%
$156,329
Cap Rate 9%
$121,589

Alternative Uses

Best Use
Warehouse
$156.3K
$136.8K – $182.4K (±1% cap)
NOI $10,943 @ 7.0% cap · market cap 1,094.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$228.2K
$199.7K – $266.2K (±1% cap)
NOI $15,974 @ 7.0% cap · market cap 1,597.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Palese Joseph A DC Alternative Medicine Practice Peace Of Mind Therapeutic ... Alternative Medicine Practice Mary Unger, Society Real Estate Agency Society. Real Estate Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Auto Repair Shop Auto Parts Store Hair Salon

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

945
Businesses Nearby

Demographics for 08035, NJ

7,556
Population
3,326
Households
2.3
Avg Household Size
43
Median Age
55%
College-Educated
96%
High-School Grad
1.6 sq mi
ZIP Area
4,723
Density / Sq Mi
$124,592
Median Household Income
$68,750
Median Earnings
$1,179
Median Rent
$353,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Stand-alone three-bay garage restricted to storage use, with no water or sewer service and no customer-facing operations.
Where is this refrigerated & cold storage located?
The property is located at 615 WHITE HORSE PIKE Haddon Heights, NJ.
What are key features of this property?
This property features: Approximately 900 square feet of temperature‑controlled storage space; Stand‑alone three‑bay garage; Built in 1998
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