Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    340 White Horse Pike Berlin, NJ 08009

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    340 White Horse Pike Berlin, NJ 08009

    View on Map
    • Banks
    • 0.46 lot acres
    For Sale
    View Listing →
    Berlin Retail Space - High Visibility For Sale
    Contact for pricing

    Berlin Retail Space - High Visibility

    High-traffic location, ample parking, drive-thru.

    Berlin Boro, NJ 08009
    View Listing
    Property ID
    US59-1584450
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Banks

    Property Details for 340 White Horse Pike

    Lot size
    0.46 lot acres
    Zone code
    C-2
    Property type
    Banks
    APN
    05 01801-0000-00003
    APU
    501801000000003

    Description

    This exceptional retail property, situated at 340 S White Horse Pike in Berlin, NJ, presents a remarkable opportunity for businesses seeking high visibility and convenient access. The building enjoys a prime location on the heavily trafficked White Horse Pike, boasting ample surface parking for customers and employees. Prominent road signage ensures your business will be easily seen by a large volume of potential customers. The property features a valuable drive-thru, adding significant convenience and appeal for various retail concepts. Its strategic location near numerous amenities, including shops, restaurants, and medical offices, creates a synergistic environment that draws additional foot traffic and enhances visibility. Furthermore, its proximity to major thoroughfares such as Route 73, Route 70, and Berlin-Cross Keys Road provides seamless connectivity to a wide range of destinations, making it easily accessible for customers from a broad geographic area. This combination of high visibility, convenient access, and a desirable location makes this property an ideal choice for businesses seeking to establish a strong presence in a thriving commercial area. The property is offered for sale, and further details are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Camden
    State
    New Jersey
    Longitude
    -74.9199
    Latitude
    39.7843
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $15,786
    $192,500
    $274,400
    $466,900
    -
    $192,500
    $274,400
    $466,900

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      134 Nj-73

      Restaurants • 1,200 SF
      134 Nj-73, Berlin, NJ 08009
      View Details
    • Value Estimation by Request
      0.41 Acres

      150 White Horse Pike

      FINANCIAL BUILDING • 0.41 Acres
      150 White Horse Pike, Berlin, NJ 08009-2322
      View Details
    • Value Estimation by Request
      2.56 Acres

      247 White Horse Pike

      FINANCIAL BUILDING • 2.56 Acres
      247 White Horse Pike, Berlin, NJ 08009-1901
      View Details
    • Value Estimation by Request
      2.26 Acres

      164 White Horse Pike

      DRUG STORE, PHARMACY • 2.26 Acres
      164 White Horse Pike, Berlin, NJ 08009
      View Details
    • Value Estimation by Request
      12,628 SF

      Nj-73

      Individual retail properties • 12,628 SF
      0 Nj-73, Berlin, NJ 08009
      View Details
    • Value Estimation by Request
      10,640 SF

      26 Nj-73

      Individual retail properties • 10,640 SF
      26 Nj-73, Berlin, NJ 08009
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,200 SF

      Retail Property on White Horse Pike

      Retail space with frontage and outdoor storage in Berlin.
      236 S White Horse Pike, Berlin, NJ 08009
      View Details
    • $535,000
      1,700 SF

      Berlin Retail Investment Opportunity

      High-traffic retail space, strong lease, 7% cap rate.
      172 Route 73, Berlin, NJ 08009
      View Details
    • Contact for pricing

      Berlin Retail Space - High Visibility

      High-traffic location, ample parking, drive-thru.
      340 White Horse Pike, Berlin, NJ 08009
      View Details
    • Contact for pricing
      0.52 Acres

      Berlin Retail Space: High Traffic Location

      Prime Retail Space, 1500 sq ft, High Visibility
      300 White Horse Pike, Berlin, NJ 08009
      View Details
    • $398,000
      1,104 SF

      Commercial Property with Rental Income

      Commercial building with frontage and detached house for rental income.
      154 Cross Keys Rd, Berlin, NJ 08009
      View Details
    • $1,000,000
      4,500 SF

      Retail Space in Berlin Corridor

      Retail space for sale in high-traffic Berlin shopping center.
      2 Route 73 S, Berlin, NJ 08009
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Expansive Commercial Space for Lease

      38,000 SF commercial space suitable for retail or recreation.
      300 S White Horse Pike, Berlin, NJ 08009
      View Details
    • $17 SF/Yr

      Office Suite in Berlin, NJ

      Ground floor office suite available for rent in Berlin, NJ.
      20 E Taunton Rd, Berlin, NJ 08009
      View Details
    • $2,500 /Mo
      169,884 SF

      Office Space For Lease

      Office space available for lease in Berlin, New Jersey.
      339 6, Berlin, NJ 08009
      View Details
    • $12 SF/Yr

      West Berlin Flex Space Available

      6,200 SF flex space for lease in West Berlin.
      432 Kelley Dr, West Berlin, NJ 08009
      View Details
    • $15 SF/Yr

      Commercial Land For Rent

      1.83 acres with approvals, divisible suites, and ample parking.
      206 W White Horse Pike, Berlin, NJ 08009
      View Details
    • $9 SF/Yr

      Office and Warehouse Space Available

      Office and warehouse space available for lease near major routes.
      117 Jackson Rd, Berlin, NJ 08009
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    340 White Horse Pike
    Berlin, NJ 08009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    340 White Horse Pike, Berlin, NJ, 08009

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!