Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    141 Tuckahoe Rd Washington Township, NJ 08080

    • Commercial real estate
    • 15.45 lot acres
    For Lease
    View listing
    Last Sale
    Nov 21, 2023
    $14,000,000
    Value Estimations
    $14,025,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-0111215
    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

    • Warehouse Sale Pop-Up Shoe Store / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • Petco Dog Training / Animal Training
    • Petco Grooming / Pet Grooming Service
    • Marcus Leibowitz / Dental Office
    • Hong Nguyen / Physician

    Property Details for 141 Tuckahoe Rd

    Lot size
    15.45 lot acres
    Zone code
    HC
    Property type
    Commercial real estate
    APN
    18 00087-0000-00003
    APU
    1800087000000003

    Description

    Cross Keys Place, located at 141 Tuckahoe Rd in Sewell, New Jersey (zip code 08080), offers exceptional retail space for lease within a vibrant strip center. This Gloucester County property boasts a total of 41,166 square feet, providing ample opportunity for businesses of various sizes. Currently, there are three spaces available, ranging from a minimum of 1,261 square feet to a maximum contiguous space of 4,900 square feet. A significant 7,496 square feet is currently vacant, presenting a prime opportunity for expansion or new tenancy. The property's convenient location in Washington Township offers excellent visibility and accessibility for customers. The multiple tenancy structure provides a diverse and thriving retail environment. This is an ideal location for businesses seeking high-traffic exposure in a well-established commercial area. The property is classified as a retail strip center, offering a straightforward and efficient layout. Interested parties are encouraged to inquire about lease terms and availability for these attractive retail spaces. The property is situated at 39.719607 latitude and -75.0297179 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $14,080,000
      ML approach
      $9,050,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sewell
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0293
    Latitude
    39.7196
    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
    $665,393
    $3,090,000
    $16,047,000
    $19,137,000
    -
    $3,090,000
    $16,047,000
    $19,137,000

    Comparable in this City

    • Value Estimation by Request

      610 Woodbury Glassboro Rd

      Land
      610 Woodbury Glassboro Rd, Mantua Township, NJ 08080
      View Details
    • Value Estimation by Request
      3.00 Acres

      401 Delsea Dr

      COMMERCIAL (GENERAL) • 3.00 Acres
      401 Delsea Dr, Sewell, NJ 08080-9337
      View Details
    • Value Estimation by Request
      2.35 Acres

      590 Delsea Dr

      COMMERCIAL (GENERAL) • 2.35 Acres
      590 Delsea Dr, Sewell, NJ 08080-2827
      View Details
    • Value Estimation by Request
      1.70 Acres

      301 Greentree Rd

      COMMERCIAL (GENERAL) • 1.70 Acres
      301 Greentree Rd, Sewell, NJ 08080-9217
      View Details
    • Value Estimation by Request

      25 International Ave

      COMMERCIAL (GENERAL)
      25 International Ave, Sewell, NJ 08080-4257
      View Details
    • Value Estimation by Request

      934 Mantua Blvd

      COMMERCIAL (GENERAL)
      934 Mantua Blvd, Sewell, NJ 08080-1342
      View Details

    Similar Nearby for Sale

    • $2,500,000
      10,000 SF

      Prime Washington Twp Warehouse

      10,000 SF Warehouse - $2.5M
      227 Delsea Dr, Washington Township, NJ 08080
      View Details
    • $249,900
      0.70 Acres

      Prime Sewell Commercial Land

      .7-acre corner lot, 1223 sq ft building, zoning pending.
      200 Egg Hbr Rd, Washington Township, NJ 08080
      View Details
    • $1,750,000
      999 SF

      High-Visibility Sewell Commercial Property

      Prime location, high traffic, 2+ acres
      117 Delsea Dr, Sewell, NJ 08080
      View Details
    • $759,900
      7.61 Acres

      Sewell, NJ Development Land

      7.61 Acres, High Visibility, R-40 Zoning
      1948 Delsea Dr, Sewell, NJ 08080
      View Details
    • Contact for pricing
      10.60 Acres

      Deptford Retail Land Opportunity

      10.6 Acres, Approved Retail Complex
      1745 Hurffville Rd, Deptford, NJ 08080
      View Details
    • $799,000
      3,966 SF

      Prime Sewell Commercial Land

      6.78 Acres, 4,000 sq ft building
      458 Greentree Rd, Sewell, NJ 08080
      View Details

    Similar Nearby for Lease

    • $65,000
      46,562 SF

      Tower Square Retail Center

      Prime NJ Retail Space Available
      137 Egg Hbr Rd, Washington Township, NJ 08080
      View Details
    • Contact for pricing
      41,166 SF

      Cross Keys Place Retail Center

      Sewell, NJ Retail Space Available
      141 Tuckahoe Rd, Washington Township, NJ 08080
      View Details
    • Contact for pricing
      34,663 SF

      Deptford Warehouse: 6 Acres

      Prime Gloucester County industrial warehouse, ample land.
      2020 Delsea Dr, Deptford, NJ 08080
      View Details
    • Contact for pricing
      9,786 SF

      Sewell Retail Space For Lease

      Premier retail space available for lease in Sewell, New Jersey.
      Sewell, NJ 08080
      View Details
    • Contact for pricing
      300,000 SF

      Mantua Square Retail Space Available

      Prime Retail/Office Space in Mantua, NJ
      55 & Woodbury Glassboro Rd, Mantua, NJ 08080
      View Details
    • Contact for pricing
      67,904 SF

      242 Delsea Dr

      Flex space • 67,904 SF
      242 Delsea Dr, Washington Township, NJ 08080
      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.
    141 Tuckahoe Rd
    Washington Township, NJ 08080
    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

    Google sign-in failed. Please try again or use another login method.