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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3 5 7 Somerdale, NJ 08083

3,000 SF 0.07 ac lot Built 1967
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents three contiguous retail units totaling over 3,000 square feet, situated at 3, 5, and 7 North White Horse Pike in Somerdale, New Jersey. The property sits on a 0.07-acre lot and enjoys a highly visible corner location at the intersection of White Horse Pike and Somerdale Road, directly across from a Super Wawa. This prime location ensures significant foot and vehicular traffic, providing exceptional exposure for any business. Currently configured as a strip mall, the owner has plans to demolish the existing structures, presenting a blank canvas for redevelopment. The three individual addresses, while currently connected, are sold as a single package, offering flexibility for a variety of uses. This is an ideal opportunity for an investor or developer seeking a high-traffic retail location with significant redevelopment potential. The combined square footage offers ample space for a single large tenant or the potential to subdivide for multiple smaller businesses. The property's strategic location and high visibility make it an attractive proposition for a wide range of commercial ventures. Note that an adjacent property at 1 North White Horse Pike (Cunningham Cleaners) is also available for sale separately. This presents the possibility of acquiring the entire block for a larger-scale development project.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1967
Total area 3,000 SF
Lot 0.07 ac (3,049 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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