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320 S White Horse Pike 2,564 SF 100% Leased Industrial Building Waterford Works, NJ 08089 $450,000 ($175.51/SF) 7.32% Cap Rate

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.
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 | $450,000 | Lot Size | 0.86 AC |
| Price Per SF | $175.51 | Rentable Building Area | 2,564 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.32% | Year Built | 1950 |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Building Class | C | ||
| Zoning | PC4 - Highway Commercial district | ||
| Price | $450,000 |
| Price Per SF | $175.51 |
| 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 |
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Property Taxes
| Parcel Number | 36-05403-0000-00009 | Improvements Assessment | $51,100 |
| Land Assessment | $78,800 | Total Assessment | $129,900 |
Property Taxes
Parcel Number
36-05403-0000-00009
Land Assessment
$78,800
Improvements Assessment
$51,100
Total Assessment
$129,900
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