Retail Building with Large
For Sale
$450,000
834 W Browning Rd, Bellmawr, NJ 08031
3,700-sf retail building with large windows, gas heat, central air, and paved on-site parking.
Property Size3,700 SF
Price / SF$121.62
Days on Market94
Property Features for 834 W Browning Rd
General Information
Standard status
Active
Size
3,700 SF
Building Details
Year Built
1946
Listing Agency:
Century 21 Reilly Realtors
Listed By:
Charles A Maimone Sr. · License #7816854
(609) 704-8800
Source:
Kableteam
Added: Jul 21
Changed: Oct 17
Last Checked: Oct 7 at 2:50PM
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 Century 21 Reilly Realtors
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Investment Insights
Based on property information with market context.
This retail building offers a 3,700-sf commercial space designed for storefront exposure, with large windows across the exterior. The property includes a spacious paved on-site parking lot and is equipped with gas heat and central air.
Situated on heavily traveled Browning Road, the location provides convenient access to major roadways and is surrounded by shopping and other nearby businesses.
The roof and HVAC and A/C systems are approximately 3 years old, supporting ongoing operations and tenant-ready use as you put the space to work.
Situated on heavily traveled Browning Road, the location provides convenient access to major roadways and is surrounded by shopping and other nearby businesses.
The roof and HVAC and A/C systems are approximately 3 years old, supporting ongoing operations and tenant-ready use as you put the space to work.
Key Highlights
- 3,700 SF commercial/retail building with large windows designed for customer visibility
- Gas heat and central air included
- Roof and HVAC/A/C are approximately 3 years old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,625
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,500
$712.5K
Cap Rate 7%
$508,929
$508.9K
Cap Rate 9%
$395,833
$395.8K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$55.5K $15.00/SF
− Vacancy
−$4.6K −$1.25/SF
EGI
$50.9K $13.76/SF
− OpEx
−$15.3K −$4.13/SF
NOI
$35.6K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,500
Cap Rate 7%
$508,929
Cap Rate 9%
$395,833
Alternative Uses
Best Use
Retail
$508.9K
$445.3K – $593.8K
NOI $35,625 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$938.2K
$820.9K – $1.09M
NOI $65,671 @ 7.0% cap · market cap 14.59%
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
315
Businesses Nearby
137k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 30%
Dining 20%
Electronics 4%
Wawa
Shops & Services
41,569 visits/mo
0.5 miles
ShopRite
Groceries
41,037 visits/mo
0.4 miles
Dollar Tree
Shops & Services
16,322 visits/mo
0.4 miles
Dunkin' Donuts
Dining
12,271 visits/mo
0.4 miles
KFC
Dining
8,455 visits/mo
0.5 miles
Demographics for 08031, NJ
11,707
Population
5,118
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
3,902
Density / Sq Mi
$74,812
Median Household Income
$46,043
Median Earnings
$1,141
Median Rent
$216,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - 3,700-sf retail building with large windows, gas heat, central air, and paved on-site parking.
Where is this retail space located?
The property is located at 834 W Browning Rd Bellmawr, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,700 SF commercial/retail building with large windows designed for customer visibility; Gas heat and central air included; Roof and HVAC/A/C are approximately 3 years old
