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    170 E 9Th Ave Runnemede, NJ 08078
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    170 E 9Th Ave, Runnemede, NJ 08078

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    • Industrial properties
    • 18,788 SF
    • 1.75 lot acres
    For Lease
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    Industrial Building in Runnemede Corporate For Lease
    Contact for pricing
    18,926 SF

    Industrial Building in Runnemede Corporate

    Multi-tenant industrial building with available unit in Runnemede, NJ.

    170 E. 9th Avenue, Runnemede, NJ 8078
    View Listing
    Property ID
    US59-1664973
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Liberty Dialysis Runnemede / Medical Clinic
    • Chad's Storm Team / Construction Company / General Contractor

    Property Details for 170 E 9Th Ave

    Year built
    1992
    Construction
    CONCRETE BLOCKS
    Lot size
    1.75 lot acres
    Property type
    Industrial properties
    APN
    30 00135-0000-00043- 09
    APU
    300013500000004309

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 29, 2025 — Gki Infill Philadelphia LLC — Deed · related —
    Sep 7, 2022 $41,576,000 Gki Infill Philadelphia LLC Fp Gimel Nj LP Bargain And Sale Deed —
    May 5, 2021 — Fp Gimel Nj L P — Deed · related $185M · Key Bank NA
    Feb 3, 2021 $1,954,981 Fp Gimel Nj LP D&p 170 Ninth Avenue Associates LP Bargain And Sale Deed —
    Nov 9, 2017 — D & P 150 Runnemede Assocs LLC — Loan Modification · related $4.9M · Miscellaneous Ins Co

    Description

    This exceptional 18,626-square-foot industrial building, situated on a generous 1.75-acre lot in Runnemede, New Jersey, presents a compelling investment opportunity. The property, constructed in 1992, boasts a single suite currently offering 9,209 square feet of vacant space, perfect for a variety of uses. The building's flexible design caters to multiple tenants, making it an attractive option for businesses seeking collaborative environments or expansion opportunities. The high ceilings, measuring 20 feet 10 inches, provide ample vertical space for storage or specialized equipment. Convenient drive-in access is provided via one loading dock, streamlining operations and enhancing efficiency. Located in Camden County, at 170 E 9th Ave, Runnemede, NJ 08078, this property offers easy access to major transportation routes, making it an ideal location for businesses needing convenient access to regional and national markets. The property's size and features make it suitable for a wide range of industrial and flex-space users. The available space presents a unique chance to establish a presence in a thriving area. Don't miss this opportunity to secure a prime industrial property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Runnemede
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0693
    Latitude
    39.8575
    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
    $54,301
    $157,500
    $1,126,200
    $1,283,700
    -
    $157,500
    $1,126,200
    $1,283,700

    Comparable in this City

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      175 9th Ave

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      7,584 SF

      727 Clements Brg Rd

      INDUSTRIAL (GENERAL)
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      120 9th Ave

      INDUSTRIAL (GENERAL)
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    • Value Estimation
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      27,467 SF

      1030 Rose Ave

      INDUSTRIAL (GENERAL)
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    Similar Nearby for Lease

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      Runnemede Industrial Building For Rent

      69,607 SF multi-tenant industrial building on 8.63 acres.
      165 E 9Th Ave, Runnemede, NJ 08078
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      9,209 SF

      Runnemede Flex/Industrial Space Available

      9,209± SF flex/industrial unit with office area for lease.
      170 E 9Th Ave, Runnemede, NJ 08078
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      17,280 SF

      Multi-Tenant Industrial Building For Rent

      69,607 SF multi-tenant industrial building on 8.63 acres.
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    • $2,250 /Mo

      Office/Warehouse Space on Black Horse

      Up to 4,150 SF office/warehouse space available for lease.
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      Runnemede Retail Space Available

      Retail space available for lease in Runnemede, New Jersey.
      123 West Clements Bridge Rd, Runnemede, NJ 08078
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      2,800 SF

      Retail Center on Clements Bridge

      Well-maintained retail center with long-term tenants and ample parking.
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      View Details
    View Listing
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    Runnemede, NJ 08078
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    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.

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