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Property profile & analytics

111 White Horse Pike Berlin, NJ 08009-1230

  • Commercial real estate
  • 0.50 lot acres
OFF-MARKET
Last Sale
Mar 15, 2022
$119,900
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-0724755
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 111 White Horse Pike

Construction
FRAME
Lot size
0.50 lot acres
Zone code
C-2
Property type
Commercial real estate
APN
05 00205-0000-00001
APU
500205000000001

Description

This exceptional turnkey business opportunity in Berlin, NJ, presents a rare chance to own a well-established sandwich shop. Located on a highly visible corner lot of a busy road, this 1,800 square foot building boasts a prime location with ample parking. The property sits on a half-acre lot and features a newly paved driveway with space for twelve vehicles, including designated handicapped parking. The building itself has undergone a complete renovation, including a new roof, gutters, and HVAC system. Inside, you'll find a fully equipped kitchen with a 14-foot hood, extensive prep areas, a large kitchen space, a front counter, and a rear office that could be used for additional restaurant space or storage. All equipment is only two years old and in excellent working condition, making this a truly turnkey operation. The current setup is ideal for a sandwich shop, but the versatile space is also well-suited for other food-related businesses such as Chinese, Mexican, or pizza restaurants. The business has a strong history, having operated successfully in the area for 30 years. The owner is retiring, presenting a unique opportunity for a new owner to step in and continue the legacy or adapt the space to their own vision. The property includes all equipment and inventory, minimizing start-up costs and allowing for immediate operation. This is a fantastic opportunity for an entrepreneur seeking a profitable and established business in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Berlin
County
Camden
State
New Jersey
Longitude
-74.942
Latitude
39.8016
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,502
$88,800
$133,100
$221,900
-
$88,800
$133,100
$221,900
More about this property
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