Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    403 Nj-73 Voorhees Township, NJ 08043
    Property profile & analytics

    403 Nj-73, Voorhees Township, NJ 08043

    View on Map
    • Retail properties & Spaces
    • 1.60 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 403 Nj-73

    Lot size
    1.60 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional 1.6-acre pad site presents a rare development opportunity on Route 73, strategically located near a Wawa. Boasting ±54,000 vehicles per day on Route 73, this high-visibility location offers unparalleled access and exposure. The site's proximity to Kresson Road further enhances its accessibility. With approximately 43,405 households within a 10-minute drive, this location provides a substantial potential customer base. The large pad site is ideal for a variety of uses, including but not limited to daycare centers, car washes, and restaurants. The potential exists for a two-tenant pad site, maximizing rental income and creating a synergistic retail environment. This is a prime opportunity to establish a thriving business in a high-demand area with excellent visibility and convenient access. The site's size and location make it an attractive proposition for businesses seeking a prominent presence on a major thoroughfare. Don't miss this chance to secure a valuable piece of commercial real estate in a thriving market. This is a single-tenancy property with no existing building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Voorhees Township
    County
    State
    New Jersey
    Longitude
    -74.9223
    Latitude
    39.8574

    Comparable in this City

    • Value Estimation by Request
      34,820 SF

      10000 Town Center Blvd

      Retail properties & Spaces
      10000 Town Center Blvd, Voorhees Township, NJ 08043
      View Details
    • Value Estimation by Request
      21,000 SF

      1224 Haddonfield-Berlin Rd

      Distribution properties
      1224 Haddonfield-Berlin Rd, Gibbsboro, NJ 08043
      View Details
    • Value Estimation by Request

      132 Nj-73

      Individual retail properties
      132 Nj-73, Voorhees Township, NJ 08043
      View Details
    • Value Estimation by Request
      2,628 SF

      6 Haddonfield-Berlin Rd

      Retail properties & Spaces
      6 Haddonfield-Berlin Rd, Voorhees Township, NJ 08043
      View Details
    • Value Estimation by Request

      214 Nj-73

      Day care centers
      214 Nj-73, Voorhees Township, NJ 08043
      View Details
    • Value Estimation by Request
      12.35 Acres

      801 Haddonfield Berlin Rd

      Medical Office Space
      801 Haddonfield Berlin Rd, Voorhees Township, NJ 08043
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,460 SF

      Voorhees Retail/Industrial/Office Space

      Freestanding building with high visibility on heavily trafficked road.
      332 S Burnt Mill Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing
      0.75 Acres

      Voorhees Retail Space: Prime Corner Location

      High-traffic retail space, new construction, flexible use.
      341 Burnt Mill Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing
      15,070 SF

      Retail Shopping Center For Sale

      15,070 SF retail shopping center on Burnt Mill Road.
      219 S Burnt Mill Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing
      0.87 Acres

      High-Traffic Voorhees Corner Lot

      Prime 0.87-Acre Site, Build-to-Suit
      1705 Burnt Mill Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing

      Freestanding Retail Showroom Near Eagle Plaza

      Retail/showroom space adjacent to the bustling Eagle Plaza.
      603 Haddonfield Berlin Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing

      Highly Visible Retail Outparcel Space

      Retail space available on Route 73 with high traffic.
      142 Route 73, Voorhees, NJ 08043
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,967 SF

      Retail Space in Town Center

      Retail space available within a large mixed-use development.
      10000 Town Center Blvd, Voorhees Township, NJ 08043
      View Details
    • Contact for pricing
      2,040 SF

      Retail/Office Space on High-Traffic Route

      Retail or office space in a high-visibility neighborhood center.
      1201 County Rte 561, Voorhees, NJ 08043
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space For Lease

      Retail space available for lease or build-to-suit.
      154 Nj-73, Voorhees Township, NJ 08043
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Voorhees, NJ

      Highly visible shopping center space for lease in Voorhees.
      201-203 Kresson Gibbsboro Rd, Voorhees, NJ 08043
      View Details
    • New
      $2,000 /Mo
      32,670 SF

      Corner Office/Retail Suite

      New construction office/retail suite with traffic-light exposure across from Echelon Town Center.
      341 S Burnt Mill Rd, Voorhees, NJ 08043
      View Details
    • Contact for pricing
      2,727 SF

      Retail Space in Camden County

      Inline retail space available in high-traffic Camden County location.
      700 Haddonfield-Berlin Rd, Voorhees Township, NJ 08043
      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.
    403 Nj-73
    Voorhees Township, NJ 08043
    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
    403 Nj-73, Voorhees Township, NJ, 08043
    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!