Standalone Commercial Building For
For Sale
Contact for pricing
801 White Horse Pike, Egg Harbor City, NJ 08215
Prime commercial building with drive-through and parking in Egg Harbor.
Property Size1,764 SF
Lot Size0.34 Acres
Price / SF$180.84
Days on Market183
Property Features for 801 White Horse Pike
General Information
Standard status
Active
Size
1,764 SF
Class
A
Lot size
0.34 Acres
Property subtype
Retail
Zoning
HC
Building Details
Year Built
2005
Buildings
1
Stories
1
Listing Agency:
Foresite Commercial Realty
(609) 646-1919
Listed By:
Samantha Zerafa Roessler · License #NJ 1643608
Source:
Crexi
Added: Feb 9
Changed: Aug 8
Last Checked: Aug 10 at 2:00PM
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 Foresite Commercial Realty
Investment Insights
Based on property information with market context.
This standalone commercial building, formerly a bank branch, offers approximately 1,764 square feet of space on a 0.34+/- acre lot. The property includes on-site parking for 10 vehicles and a one-lane drive-through. Situated on White Horse Pike, the property extends block to block and is located near the intersection of White Horse Pike and Philadelphia Avenue. The interior features an open area, two offices, a small staff room, and a customer service counter. Zoned HC (highway commercial), the property benefits from excellent signage and visibility.
Key Highlights
- Prime standalone commercial building with excellent signage and visibility on White Horse Pike.
- High‑traffic location close to the main intersection of White Horse Pike and Philadelphia Ave.
- Drive‑through lane and on‑site parking for 10 cars.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,291
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,820
$545.8K
Cap Rate 7%
$389,871
$389.9K
Cap Rate 9%
$303,233
$303.2K
Market Conditions
NOI Build-Up for 1,764 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.1K $21.60/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$36.4K $20.63/SF
− OpEx
−$9.1K −$5.16/SF
NOI
$27.3K $15.47/SF
Area
Atlantic County, NJ
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$545,820
Cap Rate 7%
$389,871
Cap Rate 9%
$303,233
Alternative Uses
Best Use
Specialty Retail
$389.9K
$341.1K – $454.9K
NOI $27,291 @ 7.0% cap · market cap 8.56%
Second Best
Retail
$242.1K
$211.9K – $282.5K
NOI $16,948 @ 7.0% cap · market cap 5.31%
Theoretical Best
Warehouse
$656.9K
$574.8K – $766.4K
NOI $45,983 @ 7.0% cap · market cap 14.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 50%
Wawa
Shops & Services
18,825 visits/mo
0.1 miles
McDonald's
Dining
13,563 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,094 visits/mo
0.1 miles
AutoZone
Shops & Services
3,224 visits/mo
0.1 miles
Domino's Pizza
Dining
480 visits/mo
0.2 miles
Demographics for 08215, NJ
14,092
Population
5,813
Households
2.4
Avg Household Size
45
Median Age
23%
College-Educated
92%
High-School Grad
124.1 sq mi
ZIP Area
114
Density / Sq Mi
$84,630
Median Household Income
$46,680
Median Earnings
$1,525
Median Rent
$266,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Prime commercial building with drive-through and parking in Egg Harbor.
Where is this bank located?
The property is located at 801 White Horse Pike Egg Harbor City, NJ.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Prime standalone commercial building with excellent signage and visibility on White Horse Pike.; High‑traffic location close to the main intersection of White Horse Pike and Philadelphia Ave.; Drive‑through lane and on‑site parking for 10 cars.
