Property profile

22 Broad St Woodbury, NJ 08096

OFF-MARKET
Commercial real estate
Property ID
US59-1554085
8,089 SF 0.57 ac lot Built 1971
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story, 8,089-square-foot freestanding retail building is located at 22 N. Broad St, Woodbury, NJ 08096. Built in 1971, the property sits on a 0.567-acre lot (24,640 sq ft) and offers 22 parking spaces. The building features a brick exterior, a basement, one elevator, a walk-in vault, and three drive-thru lanes. Zoned C-1, it allows for diverse commercial and retail uses. The property boasts high visibility due to its corner location with frontage on N. Broad Street (SR-45) and Newton Avenue, offering two points of ingress/egress. Conveniently located within the Philadelphia MSA in Gloucester County, NJ, it's 20 minutes from Philadelphia, 25 minutes from Philadelphia International Airport, and 50 minutes from Atlantic City International Airport. The property benefits from proximity to major highways (I-295 is 5 minutes away), national retailers (CVS, McDonald's, ALDI, Wawa), and significant community anchors including the Gloucester County Courts and Offices, Woodbury Junior and High School, and Inspira Woodbury Hospital (half a mile away). The surrounding area has a strong demographic profile, with approximately 66,864 people within a 3-mile radius and a median household income of $85,535. The property is served by Public Service Electric & Gas Co. Landlord may consider contributing to tenant improvements. The building's floor area ratio is 0.74. The property's address is easily accessible and visible. The building has a single tenant occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1971
Construction BRICK
Total area 8,089 SF
Lot 0.57 ac (24,699 SF)
APN 22 00117-0000-00001
UPID US59-1554085

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Bank Loan Service
  • Restaurant

Location

22 Broad St Woodbury, NJ 08096-4603
Woodbury metro Census 501002 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$685k

Owner & transaction history

since 2024
Last sale
$700,000
3 recorded transactions
2024
$700,000
2014
$3.2M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.1M +15.3%

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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