357 White Horse Pike Hammonton, NJ 08037-1160
This exceptional commercial property presents a unique investment opportunity in Hammonton, New Jersey. The main building, a former veterinary office, offers 2,050 square feet of well-maintained space, ideal for a variety of medical or professional uses. Classified as a Class B office building, it sits on a substantial 1.74-acre lot, providing ample parking and excellent visibility. The property boasts over 230 feet of frontage on the highly trafficked White Horse Pike, ensuring significant exposure to potential clients. A secondary building, approximately 500 square feet, previously used as a dog grooming facility, offers additional potential for expansion or rental income. The property is zoned HB and is conveniently located near Gino Pinto Plaza, anchored by established medical tenants such as Corda Pain Management and Orozco Orthopedic. The asking price is $364,900, translating to $178 per square foot. The property is available for occupancy on August 6th, 2024. This single-story building presents a rare opportunity to acquire a well-located, versatile commercial property with significant upside potential in a thriving area. The ample parking and high visibility make this an attractive option for owner-users or investors seeking a strong return.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.