Property profile

28 Broadway Pennsville, NJ 08070

OFF-MARKET
Commercial real estate
Property ID
US59-2821204
1,817 SF 0.5 ac lot
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional mixed-use investment opportunity in Pennsville, NJ, presents a unique chance to acquire an established auto sales business encompassing three parcels totaling 0.5 acres. The property includes two existing buildings and one vacant lot, offering significant potential for expansion or diversification. The primary auto sales building, located at 18 S. Broadway, boasts approximately 250 square feet of space, including a mechanic's area and a substantial parking lot measuring 240 x 240 feet. A second building, situated at 28 S. Broadway, offers approximately 1,817 square feet of retail/office space and is complemented by a large parking area. This building sits on a 100 x 218 foot lot. Finally, a vacant lot at 4 S. Broadway, measuring 100 x 251 feet (irregular shape), presents an additional development opportunity. This lot already features a poured concrete slab, approved for construction of a new building or garage. The total building square footage is approximately 1,817 + 250 = 2,067 square feet. The property's strategic location and existing infrastructure make it an attractive investment for both established businesses and new ventures seeking a foothold in a thriving market. The property is listed at $995,000. Further details are available in MLS listings #NJSA2012984 and #NJSA2012986.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 1,817 SF
Lot 0.5 ac (21,802 SF)
Zoning code 4
APN 09 02701-0000-00008
UPID US59-2821204

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
  • Hair Salon Nail Salon

Location

28 Broadway Pennsville, NJ 08070-2037
Pennsville metro Census 21700 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$95k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2023
Last sale
$57,000
3 recorded transactions
2023
$57,000
2013
Price N/A
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 28 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message