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Property profile & analytics
OFF-MARKET
Commercial real estate

646 Delsea Dr Pitman, NJ 08071-1232

2,793 SF 2.46 ac lot Built 1967
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1800328
Property summary
AI-generated overview

This exceptional 3,000-square-foot commercial property, located at 646 Delsea Drive in Pitman, New Jersey, presents a unique investment opportunity. Situated in Gloucester County, this single-tenant retail space is zoned HC- Highway Commercial, ensuring high visibility and accessibility. The property boasts ample parking with 15 spaces available for customers and employees. The building's total square footage is 3,000 square feet, currently entirely vacant, offering immediate occupancy for a wide range of businesses. Its versatile nature makes it suitable for various retail uses, including restaurants, given its zoning and location. The property's address is 646 Delsea Drive, Pitman, NJ 08080, with convenient access to major roadways. This prime location in a thriving area offers significant potential for growth and return on investment. The property is categorized as both Retail and Land, providing flexibility for future development or expansion. Serious inquiries are encouraged to explore this promising commercial real estate opportunity. Contact us to discuss pricing and further details.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1967
Construction CONCRETE BLOCKS
Total area 2,793 SF
Lot 2.46 ac (107,158 SF)
Zoning code HC
APN 18 00056-0000-00009- 01
UPID US59-1800328
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
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
Harvinders Williamstown LLC · 4 yrs held
Harvinders Williamstown LLC
since 2022
Last sale
$380,000
5 recorded transactions
2022
$380,000
2016
Price N/A
2013
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
HC · Pitman, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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