175 White Horse RdVoorhees Township, NJ 08043

  • Commercial real estate
  • 2,944 SF
For Sale
$398,000 View listing

Property Details for 175 White Horse Rd

Year built
1951
Construction
FRAME
Lot size
0.29 AC
Property size (Sq ft)
2,944 SF
Zone code
B
Property type
Commercial real estate
APN
34 00177-0000-00002
APU
3400177000000002

Description

This exceptional 2,000 square foot, two-story office building is situated on a 0.29-acre lot in the thriving Voorhees, NJ business district. The property is zoned B-Business and currently features two separate units. One unit is occupied by a tenant under a month-to-month lease, providing immediate income potential. The building's strategic location offers unparalleled convenience, being within walking distance of the Patco Hi-Speed Line, providing easy access to public transportation. Its proximity to Jefferson Health System and the Voorhees Town Center further enhances its desirability, ensuring high visibility and accessibility for potential tenants and clients. This presents a unique opportunity for investors or business owners seeking a well-located, income-generating property in a rapidly growing area. The building's size and layout offer flexibility for a variety of uses, making it an ideal investment for those seeking a strong return on investment in a prime commercial location. The month-to-month lease on one unit provides flexibility for future plans and potential for increased rental income. This property is ready for immediate occupancy and offers significant potential for growth and profitability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,085,560
    Hospitality
    $994,367
    Educational
    $827,302
    Medical
    $855,754
    Retail
    $1,286,914
175 White Horse Rd, Voorhees Township, New Jersey

Location Insight

City
Voorhees
County
Camden
State
New Jersey
Latitude
39.8374
Longitude
-75.0001
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
2023
$11,432
$193,300
$77,400
$270,700
-
$193,300
$77,400
$270,700

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