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Standalone Mixed-Use Building
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6702 WASHINGTON AVE, Egg Harbor Township, NJ 08234

Standalone commercial building with mixed-use zoning, office occupancy, and additional space for expansion or future leasing.

Property Size3,200 SF
Price / SF$171.88
Days on Market165

Property Features for 6702 WASHINGTON AVE

General Information

Standard status Active
Size 3,200 SF
Total Parking Spaces 14
Property subtype Mixed Use
Zoning Mixed Use

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Stories 1
Units 14
Building Size 3,200 SF
Listed By: John Swift · License #2328537
Source: Crexi
Added: May 5 Changed: Oct 1 Last Checked: Oct 15 at 12:03AM

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 John Swift

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Investment Insights

Based on property information with market context.

This standalone 3,200-square-foot commercial building is designated for mixed use and includes office space within a flexible layout. The existing office area is leased, while additional space remains available for expansion, owner use, or separate leasing. Fourteen on-site parking spaces support day-to-day access for occupants and visitors.

The property fronts Washington Avenue and is directly visible from the heavily traveled Black Horse Pike. Its location is just minutes from the Atlantic City Expressway and Garden State Parkway, providing convenient regional access. The building combines an existing office component with available space and a prominent roadside position.

Key Highlights

  • 3,200‑square‑foot standalone mixed‑use building
  • Mixed Use zoning supports a flexible commercial configuration
  • Existing office space is leased, with additional space available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,520
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400 $950.4K
Cap Rate 7%
$678,857 $678.9K
Cap Rate 9%
$528,000 $528.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$86.4K $27.00/SF
− Vacancy
−$10.4K −$3.24/SF
EGI
$76.0K $23.76/SF
− OpEx
−$28.5K −$8.91/SF
NOI
$47.5K $14.85/SF
Area
Atlantic County, NJ
Vacancy
12.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
Cap Rate 7%
$678,857
Cap Rate 9%
$528,000

Alternative Uses

Best Use
Mixed Use
$678.9K
$594.0K – $792.0K (±1% cap)
NOI $47,520 @ 7.0% cap · market cap 8.64%
Second Best
Office B
$669.8K
$586.1K – $781.4K (±1% cap)
NOI $46,884 @ 7.0% cap · market cap 8.52%
Theoretical Best
Warehouse
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,416 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Plumbing Service Law Firm Garden Center Electrical Service

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

336
Businesses Nearby

Demographics for 08234, NJ

46,906
Population
17,728
Households
2.6
Avg Household Size
42
Median Age
35%
College-Educated
92%
High-School Grad
60.7 sq mi
ZIP Area
773
Density / Sq Mi
$96,604
Median Household Income
$46,070
Median Earnings
$1,466
Median Rent
$285,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for 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?
Mixed-use property - Standalone commercial building with mixed-use zoning, office occupancy, and additional space for expansion or future leasing.
Where is this mixed-use property located?
The property is located at 6702 WASHINGTON AVE Egg Harbor Township, NJ.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,200‑square‑foot standalone mixed‑use building; Mixed Use zoning supports a flexible commercial configuration; Existing office space is leased, with additional space available
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