4 Black Horse Pike Blackwood, NJ 08012-3040
This 1,800 square foot retail space, located at 4 Black Horse Pike Unit 4, Blackwood, NJ, presents a unique investment opportunity. Situated on a 0.04-acre lot, the property is part of a revitalizing Art District currently undergoing significant improvements. The building has already been approved for and is actively receiving a substantial grant-funded renovation. This includes a fresh coat of exterior paint, new awnings, and updated lighting, enhancing curb appeal and attracting increased foot traffic. The entire strip of properties is participating in this redevelopment initiative, promising a complete transformation of the area early next year. The property is being sold "as-is," allowing the new owner the flexibility to customize the interior to perfectly match their business vision and capitalize on the impending neighborhood revitalization. This presents a chance to establish a business in a rapidly improving area with significant potential for growth and return on investment. The listed price is $120,000. Images showcasing the potential post-renovation aesthetic are available. Don't miss this chance to be part of Blackwood's exciting future.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB · Blackwood, NJBlackwood. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.