1022 Mantua Pike Wenonah, NJ 08090
- Commercial real estate
- 0.56 lot acres
Current Use by Public Records
- Studio 45 Salon & Spa / Nail Salon
Property Details for 1022 Mantua Pike
- Year built
- 1950
- Construction
- FRAME
- Lot size
- 0.56 lot acres
- Property type
- Commercial real estate
- APN
- 02 00587- 01-00014
- APU
- 2005870100014
Description
This exceptional 0.56-acre retail property at 1022 Mantua Pike in Wenonah, NJ, presents a unique investment opportunity. Currently configured as a salon, the space boasts excellent visibility and high traffic counts, making it ideal for a variety of commercial ventures. The property's Commercial District (C-2) zoning allows for a wide range of uses, including but not limited to office space, retail services, business services, or continued operation as a hair/nail salon. Further details on zoning regulations are readily available upon request. Its strategic location provides easy access to major transportation arteries, ensuring convenient commutes for both employees and customers. The property's proximity to the New Jersey Turnpike, Glassboro Road, Routes 55 and 41, and the NJ Turnpike ensures excellent connectivity and accessibility. This prime retail space offers significant potential for growth and profitability in a thriving commercial area. The property's size and zoning flexibility make it an attractive option for entrepreneurs seeking a high-traffic location with diverse business possibilities. Interested parties are encouraged to inquire for additional information and to explore the possibilities this exceptional property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $345,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $345,000
- Retail
- $375,000
- Mixed-Use
- $410,000
- Hospitality
- $415,000
- Educational
- $365,000
- Residential Income
- $370,000
- Energy
- $370,000
- Income-Based Land
- $405,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Wenonah
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.1656
- Latitude
- 39.8099
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA