Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    148 Broad St Burlington, NJ 08016
    Back to Search
    Property profile & analytics

    148 Broad St, Burlington, NJ 08016

    View on Map
    • Retail properties & Spaces
    • 3,285 SF
    For Sale
    $550,000
    View Listing →
    Burlington Retail Space - Prime Location For Sale
    $550,000
    3,285 SF

    Burlington Retail Space - Prime Location

    Turnkey Restaurant, High Visibility, Immediate Cash Flow

    148 Broad St, Burlington, NJ 08016
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Geraghty's Pub / Nightclub / Bar & Pub

    Property Details for 148 Broad St

    Year built
    2024
    Property type
    Retail properties & Spaces

    Description

    This exceptional 3,285 square foot retail property, located at 148 West Broad Street in Burlington, NJ, presents a unique investment opportunity. Situated on a prominent corner lot, this building boasts unparalleled visibility and accessibility, benefiting from its proximity to major roadways including I-295, the NJ Turnpike, and Route 38. The property's recent upgrades to the bar, dining area, and upstairs apartment provide immediate potential for cash flow generation. The existing furniture and fixtures offer a turnkey operation, ideal for a first-time hospitality entrepreneur or an established restauranteur seeking expansion within Burlington County. The attractive outdoor space offers additional revenue potential during warmer months. This property is ready for immediate occupancy and presents a compelling opportunity to establish or expand a thriving business in a high-traffic location. The building's prime location and recent renovations make this a truly exceptional offering. The combination of high visibility, convenient access, and existing infrastructure creates a low-barrier entry point for a variety of hospitality ventures. Don't miss this chance to acquire a well-maintained, income-producing property in a desirable Burlington County location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8624
    Latitude
    40.0763

    Comparable in this City

    • Value Estimation by Request

      130 And Cedar Ln

      Restaurants
      130 And Cedar Ln, Burlington, NJ 08016
      View Details
    • Value Estimation by Request

      2500 Burlington-Mount Holly Rd

      Retail properties & Spaces
      2500 Burlington-Mount Holly Rd, Burlington, NJ 08016
      View Details
    • Value Estimation by Request

      410 High St

      Retail properties & Spaces
      410 High St, Burlington, NJ 08016
      View Details
    • Value Estimation by Request

      2501 County Rd

      Land
      2501 County Rd, Burlington Township, NJ 08016
      View Details
    • Value Estimation by Request
      29,114 SF

      1801 Mount Holly Rd

      Individual retail properties
      1801 Mount Holly Rd, Burlington, NJ 08016
      View Details
    • Value Estimation by Request
      1.48 Acres

      7 Sunset Rd

      Day care centers
      7 Sunset Rd, Burlington, NJ 08016
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Pad Sites Development Opportunity

      Retail pad sites development opportunity next to Liberty Square Center.
      7 Sunset Rd, Burlington, NJ 08016
      View Details
    • $550,000
      3,285 SF

      Burlington Retail Space - Prime Location

      Turnkey Restaurant, High Visibility, Immediate Cash Flow
      148 Broad St, Burlington, NJ 08016
      View Details
    • Contact for pricing
      3,285 SF

      Turnkey Restaurant Opportunity in Burlington

      Restaurant with recent upgrades, great visibility, and outdoor area.
      210 W Broad St, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Burlington Retail Space For Lease

      High-street retail space, flexible layout.
      410 High St, Burlington, NJ 08016
      View Details
    • $780,000

      Four-Unit Strip Mall For Sale

      Four-unit strip mall with high exposure on a busy street.
      667-675 High St, Burlington, NJ 08016
      View Details
    • Contact for pricing
      Pending

      Mixed-Use Building in Historic Burlington

      Mixed-use building with retail, office, and warehouse space for sale.
      35 E Broad St, Burlington, NJ 08016
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr

      Retail/Office Space in Burlington, NJ

      Vacant retail/office space available for rent in Burlington, NJ.
      410 High St, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Burlington, New Jersey.
      2200 Mount Holly Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Versatile Retail/Office Space Available

      Adaptable space for retail or office use, ready for customization.
      410 High St, Burlington, NJ 08016
      View Details
    • Contact for pricing

      Retail Space For Rent

      Single tenant retail space available, 6,000 SqFt.
      1801 Mount Holly Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing
      1,705 SF

      Retail Space Near Highway Access

      Retail spaces available near highway and redevelopment area.
      2703 Mount Holly Rd, Burlington, NJ 08016
      View Details
    • Contact for pricing
      7,000 SF

      ShopRite Anchored Pad Site Available

      Pad site available in high-traffic, grocery-anchored shopping center.
      1817 Mount Holly Rd, Burlington, NJ 08016
      View Details
    View Listing
    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.
    148 Broad St
    Burlington, NJ 08016
    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
    148 Broad St, Burlington, NJ, 08016
    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!