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320 S White Horse Pike 2,564 SF 100% Leased Industrial Building Waterford Works, NJ 08089 $622,525 CAD ($242.79 CAD/SF) 7.32% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corner-lot industrial site with 150 ft frontage
  • 16 ft ceiling height and ample surface parking
  • Zoned PC-4 in Highway Commercial district

EXECUTIVE SUMMARY

Positioned along the high-traffic corridor of South White Horse Pike in Winslow Township, this 2,564 SF industrial building presents a compelling investment opportunity. Zoned PC-4 within a Highway Commercial district, the property offers flexibility for warehouse, distribution, or light industrial operations. The site spans 37,500 SF on a corner lot with 150 feet of frontage and 250 feet of depth, providing excellent visibility and access.
The single-story block construction is supported by ample surface parking (30 spaces), 16-foot ceiling height, and professional landscaping. Utilities include central HVAC, natural gas, and robust power infrastructure. With a projected NOI of $32,936 and a 7.32% cap rate, the asset is well-positioned for stable returns. The surrounding area benefits from proximity to major highways and regional airports (Newark, JFK, LaGuardia), enhancing logistical appeal. Demographics within a one-mile radius show a population of 1,204 and an average household income of $136,488, supporting business viability.
Winslow Township’s strategic location between Philadelphia and Atlantic City, coupled with its commercial zoning and minimal flood risk designation, makes this property a standout for investors seeking long-term value in South Jersey’s industrial corridor.

PROPERTY FACTS

Price $622,525 CAD
Price Per SF $242.79 CAD
Sale Type Investment
Cap Rate 7.32%
Property Type Industrial
Building Class C
Lot Size 0.86 AC
Rentable Building Area 2,564 SF
No. Stories 1
Year Built 1950
Clear Ceiling Height 16’
Zoning PC4 - Highway Commercial district

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-05403-0000-00009
Land Assessment
$111,068 CAD
Improvements Assessment
$72,025 CAD
Total Assessment
$183,093 CAD
  • Listing ID: 38139029

  • Date on Market: 2025-10-20

  • Last Updated:

  • Address: 320 S White Horse Pike, Waterford Works, NJ 08089

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