Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    CHERRY HILL Office For Sale Title is generated by Realmo AI

    1165--B MARLKRESS Road, Cherry Hill, NJ 08003

    View on Map
    Claim this Listing
    For Sale
    $155,000

    Commercial Sale - CHERRY HILL, NJ

    Type:Office
    Property size:
    1,025 SF
    Lot size:
    3.40 Acres
    Price / SF:
    $151/SF
    Added:
    Feb 19, 2026
    Days on Market:
    105
    Last Refresh:
    Jun 4 at 8:06 am

    Property Features for 1165--B MARLKRESS Road

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    5
    Parking features
    Parking Lot, Fenced
    Standard status
    Active
    Size
    1,025 SF
    Lot size
    3.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5528

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Building materials
    Brick

    We can help!

    Listing Contact
    Mustafa Noor

    Listing agent Mustafa Noor License #9484561

    Listing office Long & Foster Real Estate, Inc. 1415 Marlton Pike unit: 106, Cherry Hill, NJ

    Listing date Feb 19, 2026

    MLS# NJCD2111286

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Convenient location near Route 70, I‑295, Cherry Hill Mall, Home Depot, grocery stores, and Costco.
    • Includes 3 dedicated parking spaces next to the unit, plus additional parking in front.
    • 1025 sq ft office space with 4 rooms and a reception area that can be used as a conference room.
    • Low condo fee of $70.00 covers snow removal, fire sprinkler system, and lawn care.
    • Features central air conditioning and forced air heating.
    • Brick construction.

    Overview

    This 1,025-square-foot office space features four rooms and a reception area that can be used as a conference room. The unit is located at the back of the building, facing Marlkress Road, and includes three parking spaces next to the unit, with additional parking spaces available in the front of the building. The condo fee is $70.00, covering snow removal, the fire sprinkler system, and lawn care. The property is conveniently located near Route 70, I-295, Cherry Hill Mall, and retail shopping destinations such as Home Depot, grocery stores, and Costco. The lot size is 3.4 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Hill
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.9719
    Latitude
    39.883

    Nearby Similar for Sale

    • $155,000
      1,025 SF

      Cherry Hill Office For Sale

      Office space with reception area, close to major routes.
      1165--B MARLKRESS RD, CHERRY HILL, NJ 08003
      View Details
    • $445,000

      Commercial Property on Greentree Road

      Commercial property for sale in Cherry Hill East, New Jersey.
      1868 GREENTREE Road, CHERRY HILL, NJ 08003
      View Details
    • Contact for pricing
      2,500 SF

      Cherry Hill Office For Sale

      2,500 SF office space in Cherry Hill, New Jersey.
      30 Rockhill Rd, Cherry Hill, NJ 08003
      View Details
    • $550,000
      2,200 SF

      Cherry Hill Office Building For Sale

      2,200 SF office building in Cherry Hill Shopping District.
      2306 Church Road, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      2,400 SF

      Single-Story Building Near Route 38

      2,400 SF building on 0.24 acre lot near Route 38.
      2409 Church Road, Cherry Hill, NJ 08002
      View Details
    • $1,325
      900 SF

      Fairfax Avenue Commercial Property

      Commercial property available for sale on Fairfax Avenue.
      2020 Fairfax Ave #201, Cherry Hill, NJ 08003
      View Details
    • $349,900
      4,500 SF

      Cherry Hill Office Investment Opportunity

      4,500 SF office building in desirable Cherry Hill location.
      1236 Brace Road, Cherry Hill, NJ 08034
      View Details
    • Contact for pricing
      21,923 SF

      Retail and Showroom Building

      Visible retail or showroom space with rear loading access on a major corridor near established shopping anchors.
      1602 Route 70 W, Cherry Hill, NJ 08002
      View Details
    • $4,600,000
      22,000 SF

      Retail and Warehouse Buildings For Sale

      Retail and warehouse buildings in Cherry Hill, NJ, near Philadelphia.
      1612&1604 ROUTE 70 W, CHERRY HILL, NJ 08002
      View Details
    • $1,300,000
      1,487 SF

      Flex Industrial Property For Sale

      Flex and industrial property available for purchase.
      2431 CHURCH ROAD, CHERRY HILL, NJ 08002
      View Details
    • Contact for pricing
      40,946 SF

      Retail Property on Route 70

      Retail property available for sale on Route 70.
      2301-2311 Route 70 West, Cherry Hill, NJ 08002-3422
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with reception area, close to retail shopping.
    Where is this office units located?
    The property is located at 1165--B MARLKRESS Road Cherry Hill, NJ.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Convenient location near Route 70, I‑295, Cherry Hill Mall, Home Depot, grocery stores, and Costco.; Includes **3 dedicated parking spaces** next to the unit, plus additional parking in front.; **1025 sq ft office space** with 4 rooms and a reception area that can be used as a conference room.
    (856) 977-6700
    We can help!
    Listing Contact
    Mustafa Noor
    Real Estate License ID: 9484561
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1165--B MARLKRESS Road, CHERRY HILL, NJ 08003
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!