Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1501 Us-206 Tabernacle, NJ 08088
    Back to Search
    Property profile & analytics

    1501 Us-206 Tabernacle, NJ 08088

    View on Map
    • Land
    • 768 SF
    • 2.82 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1501 Us-206

    Year built
    1950
    Lot size
    2.82 lot acres
    Property size
    768 SF
    Property type
    Land

    Description

    This exceptional 2.8-acre commercial property, located at 1501 US-206 in Tabernacle, New Jersey (08088), presents a rare investment opportunity. The property boasts 300 feet of frontage on Route 206 and backs onto Old Indian Mills Road, offering potential for multiple ingress/egress points with necessary approvals. The existing 768 square foot building, constructed in 1950, sits on a 300' x 325' lot and is currently vacant. The property is zoned R/C and is being sold "as is," with the buyer responsible for all inspections and certifications. Utilities include a cesspool and water well

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tabernacle
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.7349
    Latitude
    39.8497

    Comparable in this City

    • Value Estimation by Request
      16.03 Acres

      1240 Route 206

      Land • 16.03 Acres
      1240 Route 206, Shamong, NJ 08088
      View Details
    • Value Estimation by Request
      10.75 Acres

      13 Park Dr

      Land • 10.75 Acres
      13 Park Dr, Shamong, NJ 08088
      View Details
    • Value Estimation by Request

      1751-1753 Route 206

      Land
      1751-1753 Route 206, Southampton Township, NJ 08088
      View Details
    • Value Estimation by Request
      13.04 Acres

      432 Ongs Hat Rd

      Land • 13.04 Acres
      432 Ongs Hat Rd, Southampton Township, NJ 08088
      View Details
    • Value Estimation by Request
      2.00 Acres

      1751-1753 Route 206

      Land • 2.00 Acres
      1751-1753 Route 206, Southampton Township, NJ 08088
      View Details
    • Value Estimation by Request
      25.48 Acres

      Atsion Rd

      COMMERCIAL (GENERAL) • 25.48 Acres
      Atsion Rd, Vincentown, NJ 08088
      View Details

    Similar Nearby for Sale

    • $55,000

      Land For Sale

      Land available for sale in Southampton, NJ.
      707 Lenz Ave, Southampton, NJ 08088
      View Details
    • $760,000
      1,105 SF

      Southampton Land Opportunity

      30-acre property with development potential in Southampton, NJ.
      409 Ridge Rd, Southampton, NJ 08088
      View Details
    • $499,900
      4.83 Acres

      Undeveloped Highway Commercial Land Available

      4.83 acres of undeveloped highway commercial land in Southampton, NJ.
      1623 Route 70, Southampton, NJ 08088
      View Details
    • $350,000
      22.15 Acres

      Expansive 22-Acre Shamong Parcel

      22-acre parcel in Shamong's historic farm and garden country.
      Indian Mills Rd, Shamong, NJ 08088
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land For Lease

      Commercial land available for lease in Southampton Township, NJ.
      1751-1753 Route 206, Southampton Township, NJ 08088
      View Details
    • $1,400 /Mo

      Second-Floor Commercial Unit For Rent

      Spacious unit with flexible layout, ideal for professional uses.
      1529 Route 206, Tabernacle, NJ 08088
      View Details
    • Contact for pricing

      New Warehouse in Industrial Park

      9,400 sq. ft. warehouse for lease in Southampton Township.
      1 Kerry Ct, Southampton, NJ 08088
      View Details
    • Contact for pricing

      Versatile Office & Warehouse Space

      3,700 sq ft office and warehouse space for rent.
      127 Red Lion Rd, Southampton, NJ 08088
      View Details
    • $2,600 /Mo

      Retail Space in Red Lion Plaza

      1,200 SF retail space in high-traffic Southampton location.
      1805 Route 206, Southampton, NJ 08088
      View Details
    • $1,000 /Mo

      Second Floor Office Space

      900 sq ft office space suitable for professionals.
      459 Oakshade Rd, Shamong, NJ 08088
      View Details
    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.
    1501 Us-206
    Tabernacle, NJ 08088
    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
    1501 Us-206, Tabernacle, NJ, 08088
    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!