Property profile

620 S White Horse Pike Hammonton, NJ 08037

FOR LEASE
Office buildings
Property ID
US59-1349997
6,400 SF 1.82 ac lot Built 1990
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Hammonton, NJ office space, located at 620-650 S White Horse Pike, 08037, offers 1,600 square feet of versatile space ideal for a variety of uses. The building, which underwent a complete renovation in 2015, boasts a unique aesthetic enhanced by a custom-designed sign by local artist Ron Cohen. This particular unit, renovated in 2017, is currently available and ready for occupancy. Its prime location provides stunning lake views, attracting clients and enhancing the overall experience. The building enjoys high foot traffic due to a diverse tenant mix including medical professionals, such as Eye Associates and HMGS Dermatology, along with other businesses like D'Amico Travel and Sail Lake Realty. Unit B, specifically situated at 630 S White Horse Pike, is already fitted for medical use, making it a seamless transition for healthcare providers. The space is available for lease beginning January 1, 2022. This property presents a unique opportunity to establish a presence in a vibrant and well-maintained commercial complex in a desirable location. The building's attractive design and convenient location, combined with the high volume of foot traffic, make this an exceptional opportunity for a business seeking a prominent and easily accessible space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Construction FRAME
Total area 6,400 SF
Lot 1.82 ac (79,422 SF)
Zoning code R-1
APN 13 03801-0000-00076
UPID US59-1349997

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

620 S White Horse Pike Hammonton, NJ 08037
Hammonton metro Census 10900 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.54M
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$350k

Owner & transaction history

since 2014
3 recorded transactions
2014
$1.9M
2014
Price N/A
2012
$100

Zoning & alternative use

R-1 · Hammonton, NJ
Zoning description

cts: PA Preservation Area FA Forest Area AP Agricultural Production AP/CLI Agricultural Production/Compatible Light Industry SAP Special Agricultural Production [Added 3-15-2001 by Ord. No. 14-2001] RR Rural Residential…

General category RESIDENTIAL

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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