700 Broadway Pennsville Township, NJ 08070
Property Lookup
Property profile & analytics
700 Broadway Pennsville Township, NJ 08070
- Gas stations
- 2,296 SF
- 0.46 lot acres
Property ID
US59-0727404
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.
Location Intelligence
Current Use by Public Records
- Sunoco Gas Station / Gas Station
Property Details for 700 Broadway
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.46 lot acres
- Property size
- 2,296 SF
- Zone code
- CM
- Property type
- Gas stations
- APN
- 09 04201-0000-00001
- APU
- 904201000000001
Description
This exceptional investment opportunity presents a Sunoco-branded gas station and convenience store in Pennsville Township, NJ. Located at 700 S Broadway, this single-story, 1,500-3,000 square foot building sits on a 30,000 square foot lot and includes ten gas pumps, three underground storage tanks (two 8,000-gallon and one 12,000-gallon, installed in 1994 and 2005), a convenience store with lottery and ATM services, and benefits from a high-traffic corner location with a traffic light. The property boasts a strong NOI of $253,000 and a compelling 13.25% cap rate. Built in 2005, this established business is strategically positioned near major retailers like Walmart and Dunkin' Donuts, capitalizing on high visibility and convenient access. The convenience store offers significant expansion potential, with opportunities to diversify product offerings and increase profitability. Further revenue streams could be generated by adding a Tesla charging station to cater to the growing EV market or by leasing space to a franchise. The property's proximity to a local NASCAR fan base provides a unique and dedicated customer segment. This is a value-add investment with a motivated seller, presenting a rare chance to acquire a thriving business in a prime location. The property's strong financials and potential for future growth make it an attractive proposition for discerning investors.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Pennsville
- County
- Salem
- State
- New Jersey
- Longitude
- -75.5023
- Latitude
- 39.6143
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$30,188
$405,000
$230,000
$635,000
-
$405,000
$230,000
$635,000
