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    6508 Black Horse Pike Egg Harbor Township, NJ 08234
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    6508 Black Horse Pike Egg Harbor Township, NJ 08234

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    • Commercial real estate
    • 3.54 lot acres
    For Sale
    $450,000
    View Listing →
    Prime Commercial Land For Sale For Sale
    $450,000
    3.54 Acres

    Prime Commercial Land For Sale

    3.54 acres of commercial land on high-traffic Black Horse Pike.

    6508 Black Horse Pike, Egg Harbor Township, NJ 8234
    View Listing
    Property ID
    US59-1292527
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6508 Black Horse Pike

    Lot size
    3.54 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 3.54-acre commercial land parcel presents a remarkable investment opportunity in the thriving Egg Harbor Township, NJ market. Strategically located on the highly visible Black Horse Pike, this property boasts 247 feet of frontage, ensuring maximum exposure and accessibility for any commercial venture. The asking price is $450,000. Its prime location makes it ideal for a wide range of commercial developments, including but not limited to medical offices or other businesses seeking high visibility and convenient access. The substantial lot size offers ample space for construction and potential expansion. Situated in Atlantic County, New Jersey, with the address 6508 Black Horse Pike, Egg Harbor Township, NJ 08234 (zip code 08234, latitude 39.4226122, longitude -74.5848329), this property benefits from its position within a busy commercial corridor, guaranteeing significant foot and vehicle traffic. The property is zoned for commercial use. This is a rare opportunity to acquire a substantial piece of land in a highly desirable location with significant development potential. Serious inquiries are encouraged. Broker co-op is available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Egg Harbor Township
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5848329
    Latitude
    39.4226122

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      Vacant residential lot available in Egg Harbor Township, New Jersey.
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    • New
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      Commercial Land on Black Horse Pike

      Pad site on Black Horse Pike with cross easement.
      6696 Black Horse Pike Hwy, Egg Harbor Township, NJ 08234
      View Details

    Similar Nearby for Sale

    • $45,000

      Wooded Lot with Development Potential

      2.45-acre wooded lot offers privacy, natural beauty, and accessibility.
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    • $110,000
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      Egg Harbor Wooded Residential Lot

      3.34 acre wooded lot with development potential in Egg Harbor.
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    • $99,000
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      Signalized Corner Land Parcel

      1.5 acre corner lot ideal for development.
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    • $99,500

      Land Near Community Center

      2.18 acres of land in prime location.
      5022 English Creek Ave, Egg Harbor Township, NJ 08234
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    • $150,000
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      Residential Land in Egg Harbor

      Vacant residential lot available in Egg Harbor Township, New Jersey.
      411 Dogwood Ave, Egg Harbor Township, NJ 08234
      View Details
    • New
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      0.71 Acres

      Commercial Land on Black Horse Pike

      Pad site on Black Horse Pike with cross easement.
      6696 Black Horse Pike Hwy, Egg Harbor Township, NJ 08234
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land for Lease

      Land available for lease in Egg Harbor Township.
      6503 Delilah Rd, Egg Harbor Township, NJ 08234
      View Details
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      4,500 SF

      Office/Flex Building with Warehouse

      9,000+/- SF office/flex building with warehouse space for rent.
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      37,500 SF

      Retail Space For Lease

      Retail spaces available, ranging from 2,000 to 60,667 square feet.
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      Egg Harbor Flex Space Available

      Flex space available for lease in Egg Harbor Township, NJ.
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    • $15 SF/Yr

      High-Visibility Retail Space Available

      Retail space on Black Horse Pike with high traffic volume.
      6422 Black Horse Pike, Egg Harbor Township, NJ 08234
      View Details
    • Contact for pricing

      Single Tenant Industrial Space

      Industrial space available for single tenant occupancy.
      200 W Parkway Dr, Egg Harbor Township, NJ 08234
      View Details
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    Egg Harbor Township, NJ 08234
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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