203 Browning Rd Bellmawr, NJ 08031-2608
This 1,440 square foot commercial building, situated on a 0.23-acre lot at 203 E Browning Road in Bellmawr, NJ, presents a unique investment opportunity. Previously zoned for business offices, the property has been rezoned to allow for a wider range of uses, including grocery stores and delis. The interior has undergone extensive demolition, leaving it completely ready for build-out to suit your specific needs. Detailed plans for a grocery store/deli are available for review. The building boasts excellent condition and benefits from a convenient location with high visibility and easy access to major highways, just minutes from Philadelphia. The property includes a parking lot with sixteen spaces, including two designated handicap spots. Essential utilities are readily available, including natural gas, public water, and sewer. This turnkey opportunity eliminates much of the initial groundwork, allowing you to focus on establishing your business. Seize this chance to capitalize on a prime location and a versatile property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.