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Property profile & analytics
OFF-MARKET
Commercial real estate

1 White Horse Pike Somerdale, NJ 08083-1737

0.52 ac lot
Entity Owned 7-yr Hold Free & Clear
Property ID
US59-1843767
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a 9,448 square foot strip center ideally situated at 1 N White Horse Pike in Somerdale, New Jersey. Boasting a highly visible corner location at the intersection of White Horse Pike and Somerdale Road, this property benefits from significant daily traffic flow. Its strategic placement directly across from a Wawa convenience store ensures consistent customer exposure and foot traffic. The property sits on a 0.22-acre lot and is currently offered at $500,000. This offering includes the subject property at 1 N White Horse Pike, as well as three additional adjacent retail spaces (3, 5, and 7 White Horse Pike) which are also available for purchase. The entire strip mall is available for acquisition, presenting a unique opportunity for a portfolio investment or a single buyer seeking to consolidate their retail presence in a high-demand area. The property's prime location and high visibility make it an attractive investment for a variety of retail businesses seeking to establish or expand their operations in a thriving commercial corridor. The combined square footage of all four units presents a substantial retail footprint with significant potential for rental income or owner-occupied operations. This is a rare opportunity to acquire a well-positioned retail center in a bustling commercial area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction TYPE NOT SPECIFIED
Lot 0.52 ac (22,499 SF)
APN 31 00117-0000-00001
UPID US59-1843767
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
Current use
Occupant on record · Public records
  • Annabelle DiMapilis D.O. Physician
  • Smoke-Stock WTL Furniture & Home Goods Home Decor Store
  • Smoke-stock JTR (Bike/Boat/Book/etc) Store Building Supply
  • Cunningham's Cleaner (Bike/Boat/Book/etc) Store
  • Inspira Occupational Health Somderdale Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Somerdale Associates LLC · 7 yrs held
Somerdale Associates LLC
since 2018
5 recorded transactions
2018
Price N/A
2015
Price N/A
2012
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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