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31580504
31580505

479 White Horse Pike, Waterford, NJ 08004 For Sale

EF
NJ 1222786
Chilmark Real Estate Services
MM
NJ 444444
Chilmark Real Estate Services
PS
NJ 2563634
Chilmark Real Estate Services
Listed by Chilmark Real Estate Services
Unpriced
101 days on market
Updated 16 days ago

479 White Horse Pike, Atco,

Details
Property Type Retail, Hospitality (+1)
Sub Type Hotel, Retail Pad Site (+1)
Units 100
Tenancy Vacant
Broker Co-Op Yes
Class A
Buildings 2
Stories 4
Acreage 3.640
Zoning PHB (Planned Highway Business)
Investment Type Redevelopment
Ground Lease No
Sale Condition N/A

Shovel Ready Land Site with Wyndham Flag + Retail Site

Marketing description

Entitled hotel and retail development site for sale: 479 White Horse Pike, Atco, NJ 08004. 3.6 acres on US Route 30 at the Route 73 interchange in Waterford Township, Camden County.

This is a shovel-ready development package, not raw land. The sale includes Wyndham Hotels brand documents for an 83-key (Pending 105-keys) Microtel Inn & Suites, a Marriott International Letter of Intent, a township approval letter confirming hotel use as a permitted principal use under PHB zoning, a committed hotel management company, and a New Jersey liquor license.

No branded hotel exists within 7.5 miles. The nearest select-service properties: Hampton Inn, SpringHill Suites, and Holiday Inn Express, are clustered in Voorhees, 9 miles north. The immediate area is served only by budget motels rated below 3.5 stars. A new branded hotel at this location fills a significant gap in the South Jersey lodging market.

The retail component accommodates two pad-site buildings, ideal for restaurant, bar, QSR, or convenience retail with built-in hotel guest demand.

Located 22 miles from Center City Philadelphia and 38 miles from Atlantic City, with direct access to Route 73, the NJ Turnpike, I-295, and the Atlantic City Expressway. Demand drivers include business travel, healthcare overflow, logistics corridor traffic, military-related travel from Joint Base McGuire-Dix-Lakehurst, and Atlantic City leisure spillover. 670 feet of frontage on two streets with excellent visibility and access.

Full due diligence package, including pro formas, brand documents, and market data available upon execution of a confidentiality agreement. Contact the listing broker for details.

Investment highlights

  • Shovel-Ready: Wyndham brand docs, Marriott LOI, township approval, and committed management company all in hand. Break ground in 90 days, skip 18-24 months of pre-dev work.
  • No Branded Hotel Within 7.5 Miles: Nearest select-service is Voorhees, 9 miles north. Existing inventory is all sub-3.5-star budget motels. New branded product creates a new tier, not incremental competition.
  • Dual Revenue Streams: 83-key hotel (Pending Approvals for 105-keys) plus retail pads totaling with built-in guest demand capture.
  • Prime Corridor Location: 3.6 acres on US Rt. 30 at the Rt. 73 interchange. 670 ft of dual-street frontage. Direct access to NJ Turnpike, I-295, and AC Expressway. 22 miles to Philly, 38 to AC.
  • Diversified Demand: Business travel, healthcare, logistics corridor, construction, Atlantic City spillover, regional events, and Joint Base MDL military/contractor traffic.
  • Flexible Exit Strategies: Build and operate, ground-lease as NNN, subdivide and sell components, or hold as an appreciating entitled land position.

Listing Contacts

EF
NJ 1222786
Chilmark Real Estate Services
MM
NJ 444444
Chilmark Real Estate Services
PS
NJ 2563634
Chilmark Real Estate Services
Listed by Chilmark Real Estate Services

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Additional Information

Name
Edward Flanagan
License
1222786
Brokerage
Chilmark Real Estate Services, LLC
Brokerage Phone
7323002500
Title
Real Estate Broker
Name
Michael Marchese
License
444444
Brokerage Phone
201-787-7634
Brokerage Address
36 Cattano Avenue
Name
Pranav Shinde
License
2563634
Brokerage
Chilmak Real Estate Services LLC.
Brokerage Phone
9733262000
Title
Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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