405 White Horse Pike Hammonton, NJ 08037
This exceptional mixed-use property, situated on the bustling White Horse Pike (State Highway #30) in Hammonton, New Jersey, presents a compelling owner-user opportunity. The 2,420 square foot building, constructed in 1925, features three stories and sits on a substantial 56,628 square foot lot. The property boasts a prominent location within the Highway Business District, benefiting from approximately 25,000 vehicles per day, ensuring high visibility and significant traffic exposure. The interior comprises a spacious reception area, a large conference room, five sizable offices, a kitchen area, and two and a half bathrooms. Further enhancing its appeal are a full storage basement, public water and sewer, a sprinkler system, and an oversized, recently paved parking lot accommodating 35+ vehicles, complete with updated exterior lighting and professional signage. The property's strategic location offers easy access to major highways including SH#73, Black Horse Pike, SH#54, SH#206, the Atlantic City Expressway, and SH#42. It's also conveniently located 35 miles from Center City Philadelphia and 31 miles from Atlantic City and its beaches. The surrounding area demonstrates strong demographics with a growing population and is anchored by a medical office complex, further solidifying its value and potential. The asking price is $599,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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