Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Stand Alone Retail Building Title is generated by Realmo AI

    950 N Pearl St, Bridgeton, NJ 08302

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    2,400 SF stand alone building with multiple drive-thrus.

    Type:Retail
    Property size:
    2,400 SF
    Price / SF:
    $372/SF
    Added:
    Jul 9, 2023
    Days on Market:
    1059
    Last Refresh:
    May 12 at 8:56 pm

    Property Features for 950 N Pearl St

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Matt Macdonald

    Listing agent Matt Macdonald License #RS290772

    Listing office Lee & Associates | Eastern Pennsylvania - Central PA

    Listing date Jul 9, 2023

    Source Crexi

    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 Lee & Associates | Eastern Pennsylvania - Central PA

    HighLights

    • High‑traffic location at a signalized intersection.
    • Outparcel to a grocery‑anchored center.
    • Stand‑alone building with 2,400 SF.
    • Multiple drive‑thrus.
    • Easily accessible.
    • Parking adjacent to the building.

    Overview

    This is a well-maintained 2,400 SF stand alone building that is easily accessible at a signalized intersection. It is located on an outparcel to a high traffic grocery anchored center. The property features multiple drive-thrus, and parking is adjacent to the building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Angeles and Blossoms — 97 E Commerce St, Bridgeton, NJ 08302
    • Roblero landscaping — 145 Belmont Ave, Bridgeton, NJ 08302
    • Old House Florals — 230 E Commerce St, Bridgeton, NJ 08302

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeton
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.21099
    Latitude
    39.457883

    Nearby Similar for Sale

    • $549,900
      2,100 SF

      10-Acre Farm with Development Potential

      10-acre farm with public utilities and development potential.
      81 OLD DEERFIELD PIKE, BRIDGETON, NJ 08302
      View Details
    • $860,000
      6,825 SF

      Former Daycare Facility on 2 Acres

      Commercial property suitable for office or educational facility in Bridgeton.
      1185 HIGHWAY 77, BRIDGETON, NJ 08302
      View Details
    • $279,995
      2,146 SF

      Bridgeton Duplex: Value-Add Opportunity

      Updated duplex in Bridgeton, ideal for investors or owner-occupants.
      211 ATLANTIC Street, BRIDGETON, NJ 08302
      View Details
    • $279,000
      2,072 SF

      Side-by-Side Duplex on Oversized Lot

      Duplex with updated utilities and ample parking in Bridgeton.
      106-108 AMERICAN Avenue, BRIDGETON, NJ 08302
      View Details
    • $849,000

      Bridgeton Multi-Unit Investment Opportunity

      Seven-unit rental property with recent upgrades and off-street parking.
      20 Franklin Street, Bridgeton, NJ 08302
      View Details
    • $1,250,000

      Mini Golf Course and Franchise

      Turnkey water ice franchise and mini golf course for sale.
      73 LANDIS Avenue, BRIDGETON, NJ 08302
      View Details
    • $860,000
      6,825 SF

      Highway 77 Commercial Property

      Commercial property for sale on Highway 77 in Bridgeton.
      1185 Highway 77, Bridgeton, NJ 08302
      View Details
    • $249,900

      Commercial Property in Bridgeton, NJ

      Commercial property with tremendous potential in the heart of Bridgeton.
      50-52 N LAUREL Street, BRIDGETON, NJ 08302
      View Details
    • $849,000

      Turnkey 7-Unit Rental Property

      Excellent investment opportunity with recent upgrades and reliable tenants.
      20 Franklin Street, Bridgeton, NJ 08302
      View Details
    • Contact for pricing
      6,926 SF

      Retail Space in High-Traffic Area

      Newly constructed retail space available near major intersection.
      16 Centerton Rd, Bridgeton, NJ 08302
      View Details
    • Contact for pricing
      2,400 SF

      Retail Pad Site Available

      Retail pad site available in Shoprite anchored center.
      950 N Pearl St, Bridgeton, NJ 08302
      View Details
    • $399,000

      Former Bank Building on Route 77

      Two-story building on 3.21 acres with high visibility location.
      1245 Highway 77, Bridgeton, NJ, 08302-5975
      View Details

    FAQs

    What type of property is this?
    Storefront property - 2,400 SF stand alone building with multiple drive-thrus.
    Where is this storefront property located?
    The property is located at 950 N Pearl St Bridgeton, NJ.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: High‑traffic location at a signalized intersection.; Outparcel to a grocery‑anchored center.; Stand‑alone building with **2,400 SF**.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Matt Macdonald
    Real Estate License ID: RS290772
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    950 N Pearl St, Bridgeton, NJ 08302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!