620 White Horse PikeHammonton, NJ 08037

Property Details for 620 White Horse Pike

Year built

1990

Construction

FRAME

Lot size

1.82 AC

Property size (Sq ft)

6,400 SF

Zone code

R-1

Property type

Office buildings

APN

13 03801-0000-00076

APU

1303801000000076

Description

This exceptional Hammonton, NJ office space, located at 620-650 S White Horse Pike, 08037, offers 1,600 square feet of versatile space ideal for a variety of uses. The building, which underwent a complete renovation in 2015, boasts a unique aesthetic enhanced by a custom-designed sign by local artist Ron Cohen. This particular unit, renovated in 2017, is currently available and ready for occupancy. Its prime location provides stunning lake views, attracting clients and enhancing the overall experience. The building enjoys high foot traffic due to a diverse tenant mix including medical professionals, such as Eye Associates and HMGS Dermatology, along with other businesses like D'Amico Travel and Sail Lake Realty. Unit B, specifically situated at 630 S White Horse Pike, is already fitted for medical use, making it a seamless transition for healthcare providers. The space is available for lease beginning January 1, 2022. This property presents a unique opportunity to establish a presence in a vibrant and well-maintained commercial complex in a desirable location. The building's attractive design and convenient location, combined with the high volume of foot traffic, make this an exceptional opportunity for a business seeking a prominent and easily accessible space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,061,752

  6.5%

  $1,903,156

  7%

  $1,767,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $836,224

  Geo Method

  $836,224

• Alternative Use

  Use

  Valuation

  Residential

  $2,359,913

  Hospitality

  $2,161,668

  Educational

  $1,798,482

  Medical

  $1,860,335

  Retail

  $2,797,639

Location Insight

City

Hammonton

County

Atlantic

State

New Jersey

Latitude

39.63

Longitude

-74.7727

CBSA code

12100

CBSA name

ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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