340 White Horse PikeBerlin, NJ 08009

Property Details for 340 White Horse Pike

Lot size

0.46 AC

Zone code

C-2

Property type

Banks

APN

05 01801-0000-00003

APU

501801000000003

Description

This exceptional retail property, situated at 340 S White Horse Pike in Berlin, NJ, presents a remarkable opportunity for businesses seeking high visibility and convenient access. The building enjoys a prime location on the heavily trafficked White Horse Pike, boasting ample surface parking for customers and employees. Prominent road signage ensures your business will be easily seen by a large volume of potential customers. The property features a valuable drive-thru, adding significant convenience and appeal for various retail concepts. Its strategic location near numerous amenities, including shops, restaurants, and medical offices, creates a synergistic environment that draws additional foot traffic and enhances visibility. Furthermore, its proximity to major thoroughfares such as Route 73, Route 70, and Berlin-Cross Keys Road provides seamless connectivity to a wide range of destinations, making it easily accessible for customers from a broad geographic area. This combination of high visibility, convenient access, and a desirable location makes this property an ideal choice for businesses seeking to establish a strong presence in a thriving commercial area. The property is offered for sale, and further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $9,071,393

  6.5%

  $8,373,594

  7%

  $7,775,480

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,585,264

  Geo Method

  $6,585,264

• Alternative Use

  Use

  Valuation

  Residential

  $7,063,440

  Hospitality

  $6,470,073

  Educational

  $5,383,024

  Medical

  $5,568,155

  Retail

  $8,373,594

Location Insight

City

Berlin

County

Camden

State

New Jersey

Latitude

39.7843

Longitude

-74.9199

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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