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Property profile & analytics
FOR SALE
Commercial real estate

364 S Broadway Pennsville, NJ 08070

0.28 ac lot Built 1964
Entity Owned 6-yr Hold Free & Clear
Property ID
US59-0636965
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,025 square foot, two-story office building located at 364 S Broadway, Pennsville, NJ. Situated on a 0.28-acre lot, the property boasts a strong, long-term lease with a non-profit tenant, ensuring consistent income. The lease is currently in effect and extends through June 2028. The building features a spacious reception area, multiple offices, and classrooms, all in excellent condition. The property includes a private parking lot for convenient access and is fully handicap accessible. The tenant is responsible for all utilities, including sewer, water, gas, electric, cable, and phone services, minimizing the owner's operational expenses. This turnkey investment offers a secure and profitable opportunity for a discerning buyer seeking a stable income stream in a well-maintained property. The building's location in Pennsville Township provides easy access to major transportation routes and local amenities. This is a rare chance to acquire a fully leased, income-generating asset with a long-term lease in place, offering significant potential for return on investment. The property is ready for immediate ownership and income generation.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1964
Construction BRICK
Lot 0.28 ac (12,001 SF)
Zoning code 2
APN 09 04002-0000-00017
UPID US59-0636965
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
Current use
Occupant on record · Public records
  • Bird's Eye Family Success Center Community Center
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
Jpb Properties LLC · 6 yrs held
Jpb Properties LLC
since 2020
Last sale
$72,000
5 recorded transactions
2020
$72,000
2019
Price N/A
2017
$72,000
2014
Price N/A
1969
Price N/A
Zoning & alternative use
2 · Pennsville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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