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    1025 Pearl St Bridgeton, NJ 08302

    Sponsored
    For Sale
    $999,999

    17,470 SF Retail Center, Value-Add Opportunity

    Property size:
    17,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 17,470 square foot retail center, located at 1025 N. Pearl Street in Bridgeton, New Jersey, presents a compelling value-add investment opportunity. The property, situated on a 1.14-acre lot in Cumberland County, is currently vacant but offers significant potential. The single-story building, constructed in 1968, features three separately metered units with high ceilings and an open floor plan, allowing for flexible customization. The B2 zoning provides versatility for future uses. The property's prime location on a high-traffic corridor, near numerous national retailers, ensures excellent visibility and accessibility. With a pro-forma NOI of $270,000 and a pro-forma cap rate of 27%, this property offers strong potential for significant returns. The asking price is $999,999, translating to $57.24 per square foot. This is an ideal opportunity for owner-users or investors seeking a substantial retail property in a thriving New Jersey market. The property's size and location make it suitable for a variety of retail uses, and its vacant status allows for immediate occupancy and customization to suit a specific business plan. Easy access to major highways further enhances its appeal.

    Property Features for 1025 Pearl St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    17,470 SF
    Lot Size
    49,658 SF

    Building Details

    Year Built
    1968
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • High‑traffic location with strong national and local retail presence.
    • Spacious layout featuring high ceilings.
    • Convenient access to major highways.
    • B2 zoning allows for versatile future uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeton
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.210368785649
    Latitude
    39.4574806192

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    FAQs

    What type of property is this?
    Lifestyle center - 17,470 SF Retail Center, Value-Add Opportunity
    Where is this lifestyle center located?
    The property is located at 1025 Pearl St Bridgeton, NJ.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: High-traffic location with strong national and local retail presence.; Spacious layout featuring high ceilings.; Convenient access to major highways.
    Request Owner's contact information
    1025 Pearl St Bridgeton, NJ 08302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1025 Pearl St Bridgeton, NJ 08302
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