Commercial Building on White Horse
For Sale
$319,900
801 White Horse Pike, Egg Harbor City, NJ 08215
COMMERCIAL - Egg Harbor City, NJ
Property Size1,764 SF
Lot Size0.34 Acres
Price / SF$181.35
Days on Market215
Property Features for 801 White Horse Pike
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC
Directions
Corners of WHP and 8th Terrace / Buffalo
Subdivision
Egg Harbor City
Standard status
Active
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11821
Building Details
Year built
2005
Listing Agency:
FORESITE COMMERCIAL REALTY
(609) 646-1919
Listed By:
SAMANTHA ZERAFA ROESSLER · License #1643608
(609) 646-1919
Added: Jan 20
Changed: Aug 4
Last Checked: Aug 23 at 8:06AM
MLS# 604229
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This standalone commercial building, formerly a bank branch, is available for sale. The property features 1,764 square feet of space and includes on-site parking for 10 cars, as well as a one-lane drive-through. Situated on 0.34 acres, the property extends from block to block on White Horse Pike, near the main intersection of White Horse Pike and Philadelphia Avenue. The interior is finished with an open area, two offices, a small staff room, and a customer service counter. The property benefits from excellent signage and visibility. Zoned HC (Highway Commercial).
Key Highlights
- Prime standalone commercial building with highway commercial (HC) zoning.
- High visibility and excellent signage on White Horse Pike.
- 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
8.53%
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 8.53%
Second Best
Retail
$242.1K
$211.9K – $282.5K
NOI $16,948 @ 7.0% cap · market cap 5.30%
Theoretical Best
Warehouse
$656.9K
$574.8K – $766.4K
NOI $45,983 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Wawa
Shops & Services
18,825 visits/mo
0.2 miles
McDonald's
Dining
13,563 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,094 visits/mo
0.2 miles
Dollar General
Shops & Services
7,799 visits/mo
0.4 miles
AutoZone
Shops & Services
3,224 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 - Standalone commercial building, former bank branch, with drive-through.
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 $319,900.
What are key features of this property?
This property features: Prime standalone commercial building with highway commercial (HC) zoning.; High visibility and excellent signage on White Horse Pike.; Drive‑through lane and on‑site parking for 10 cars.
