Property profile

178 N Broadway Pennsville, NJ 08070

FOR LEASE
Commercial real estate
Property ID
US59-0604067
748 SF 0.14 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property located at 178 N Broadway, Pennsville, NJ, presents a unique opportunity for businesses seeking versatile workspace. The property encompasses a substantial double garage and a separate double workspace, providing ample room for various operational needs. A key advantage is the availability of on-site electricity, eliminating the need for costly external power solutions. The 0.14-acre lot offers convenient access and potential for outdoor storage or expansion. Ideal for contractors, artisans, or small businesses requiring secure and functional space, this property is ready for immediate occupancy. Its strategic location in Pennsville, NJ, ensures easy access to major transportation routes and local amenities. The property is offered for lease, and interested parties are encouraged to inquire promptly for detailed specifications and to schedule a viewing. This is a rare opportunity to secure a well-equipped and conveniently located commercial space in a thriving area. Don't miss out on this chance to establish or expand your business in a prime Pennsville location. Contact us today to learn more and arrange a site visit.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 748 SF
Lot 0.14 ac (6,172 SF)
Zoning code 4
APN 09 01504-0000-00014
UPID US59-0604067

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

178 N Broadway Pennsville, NJ 08070
Pennsville metro Census 21400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2024
Last sale
$460,000
4 recorded transactions
2024
$460,000
2022
Price N/A
2021
$170,000
1969
Price N/A

Zoning & alternative use

4 · Pennsville, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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