2 White Horse Pike Stratford, NJ 08084
- Commercial real estate
- 0.41 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2 White Horse Pike
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.41 lot acres
- Property type
- Commercial real estate
- APN
- 32 00049-0000-00005
- APU
- 3200049000000005
Description
This free-standing restaurant building offers a fantastic opportunity for a savvy investor or owner-operator. Boasting 744 square feet, the property is situated on a signalized intersection in Camden County, enjoying excellent visibility and high traffic counts estimated at 47,000 vehicles per day. Its strategic location near the PATCO speedline ensures convenient access for customers and employees. The building has recently undergone a complete renovation, presenting a move-in ready condition for immediate occupancy. The densely populated trade area is a significant advantage, with an estimated 31,000 employees within a three-mile radius, providing a substantial customer base. The inclusion of a drive-thru further enhances operational efficiency and revenue potential. This single-tenant property represents a rare opportunity to acquire a well-positioned, renovated restaurant in a high-demand area. The combination of high traffic counts, excellent visibility, and proximity to public transportation makes this an exceptional investment prospect. The property's size is ideal for a variety of quick-service restaurant concepts, offering significant potential for growth and profitability. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $255,000
- 7%
- $275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $240,000
- Mixed-Use
- $320,000
- Hospitality
- $315,000
- Educational
- $275,000
- Residential Income
- $305,000
- Energy
- $280,000
- Income-Based Land
- $280,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Stratford
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0061
- Latitude
- 39.8337
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA