$1 Auction – 32 Acre Site | Executed Dollar General Lease | Approved for 48 Townhomes, 65K SF Self-Storage, 35K SF Flex,
$1
331 South White Horse Pike, Berlin, NJ 08009
32.23 sqft
Lot Area
32.23 acre
Buildable Area
Details:
Highlights:
- First Phase Pre-Leased to Dollar General: Seller has executed a long-term build-to-suit lease for Dollar General, securing the first anchor of the planned commercial district and validating retailer demand for the corridor.
- Located on US-30 in Berlin’s Priority Growth Corridor: Situated on White Horse Pike (15,285 VPD) within Camden County’s designated Priority Growth Investment Area and Main Street Overlay, surrounded by residential density, retail demand drivers, and strong transportation connectivity.
- ±32.23-Acre Approved Redevelopment Area with Mixed-Use Entitlements in Place: Property is governed by an adopted Redevelopment Plan authorizing retail, restaurant, residential townhomes, light industrial/flex, and self-storage uses across the site, enabling a phased multi-product development strategy.
- Strong Philadelphia Metro Trade Area with Favorable Demographics: ±$118K Annual Household Income and ±34,541 Individuals (3-Mile); Proximate to US-30 & NJ-73 with access to the Atlantic City Expressway and supported by 3.46% population growth (2020-2024).
- Rare Entitlement Lift & Litigation-Free Pathway: Municipal approvals and redevelopment framework were formalized via consent order following land use litigation resolution clearing a path for development and avoiding typical entitlement risk.
- Significant Value Creation: Existing approvals allow a developer to immediately step into a shovel-ready horizontal program and capture value from parceling, leasing, sales of individual pads, or long-term operation.
Description:
Ri Marketplace Online Auction March 2-4, 2026
Register to bid on Marketplace:
https://rimarketplace.com/auction/2987/1-auction-32-acre-site-executed-dollar-general-lease-approved-for-48-townhomes-65k-sf-self-storage-35k-sf-flex-4k-sf-drive-thru-qsr?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=land_2987
Marcus & Millichap is pleased to present a ±32.234-acre commercial development site located adjacent to 331 S White Horse Pike in Berlin, New Jersey (the “Property”). The Property offers investors a rare blend of near-term income from a nationally recognized credit tenant and substantial longer-term development upside across the balance of the site. Positioned at the intersection of White Horse Pike (US-30), Pine Avenue, and Jackson Road, this ±32.23-acre opportunity sits within Berlin’s designated Priority Growth Corridor and benefits from a uniquely flexible mixed-use entitlement profile. The seller has already secured a build-to-suit lease with Dollar General for the first commercial phase, establishing an immediate income-producing anchor and validating demand for the project.
Beyond the initial pad, the Property is governed by an adopted Redevelopment Plan that transforms the site from vacant wooded acreage into a walkable, retail-anchored village with complementary commercial, residential, and light industrial uses. The plan authorizes a diverse mix of modern tenancy including retail, restaurants (with drive-thru), grocery/convenience, climate-controlled storage, logistics/last-mile, flex/showroom space, and indoor recreation, as well as a planned residential townhome neighborhood with its own internal circulation and amenities. Shared parking, EV charging, landscaped buffers, pedestrian walkways, wayfinding, and modern signage standards create a unified environment designed to serve both neighborhood and regional demand.
The redevelopment framework was structured to support phased absorption, allowing a developer to execute a merchant build program, create pad sales, establish recurring income through multi-tenant leasing, or hold the asset long-term as a stabilized mixed-use village. Utilities, roadway connections, and municipal coordination have already been advanced through settlement agreements, accelerating the development timeline and minimizing entitlement risk.
Berlin is a suburban borough within Camden County and the greater Philadelphia metropolitan area, offering strong commuter connectivity to Philadelphia and South Jersey via U.S. Route 30, NJ Route 73, and the Atlantic City Expressway. The surrounding trade area exhibits healthy demographics with ±34,541 residents and an average household income of $118,150 within a three-mile radius. Population has grown 3.46% from 2020 to 2024 and is projected to continue through 2029, supporting sustained consumer demand and residential stability. Given its scale, access, and approvals, the site offers investors and developers a rare chance to capitalize on a shovel-ready horizontal master plan with multiple exit strategies and significant long-term value creation through lease-up, pad creation, and residential buildout.
Peter Costanzo
c/o Fisher Auction Company, Inc.
License: BK No. 8910502
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.
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