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Property profile & analytics
OFF-MARKET
Commercial real estate

269 White Horse Pike Egg Harbor City, NJ 08215

6.3 ac lot Built 1960
Entity Owned 2-yr Hold Free & Clear
Property ID
US59-1240834
Property summary
AI-generated overview

Invest in a prime retail location at the Pomona Shopping Center, situated at the intersection of Route 30 and Pomona Road. This multi-tenant property offers four available spaces ranging from 1,080 to 7,400 square feet, perfect for a variety of retail businesses. Currently undergoing a complete renovation, the center will feature updated facades, improved parking, and new amenities, creating a modern and attractive shopping environment. The center benefits from its high-traffic location, adjacent to a Wawa and in close proximity to Atlantic City International Airport, Stockton College, and AtlantiCare Mainland Hospital, ensuring a consistent flow of potential customers. Further enhancing the area's appeal, approved plans for 100 new residential units across Route 30 promise to significantly increase foot traffic and consumer potential. This revitalization project presents a unique opportunity to establish or expand your business within a thriving and evolving community. Available spaces are suitable for various uses, including restaurant, office, and retail. 1,680 square feet of space is currently vacant. Don't miss this chance to be part of this exciting transformation. Contact us to schedule a viewing and explore the possibilities. Located in Atlantic County.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Construction CONCRETE BLOCKS
Lot 6.3 ac (274,428 SF)
Zoning code HC-2
APN 11 00558-0000-00014
UPID US59-1240834
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Red Hubs Re LLC · 2 yrs held
Red Hubs Re LLC
since 2023
Last sale
$350,000
4 recorded transactions
2023
$350,000
2023
$2.9M
2022
Price N/A
2016
$2.6M
Zoning & alternative use
HC-2 · Egg Harbor City, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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