Office Building with Monument
1811 BERLIN RD, Cherry Hill, NJ
For Sale
Contact for pricing
Professional office layout with private workrooms, meeting space, reception, parking, and prominent roadside signage.
Property Size2,700 SF
Price / SF$153.70
Days on Market88
Property Features for 1811 BERLIN RD
General Information
Standard status
Size
Class
Property subtype
Additional Details
Highway Access
Amenities
conference room
reception area
monument signage
Building Details
Year Built
Stories
Units
Listing Agency:
Coldwell Banker Commercial NRT Philadelphia
Listed By:
Jonathan Dubrow · License NJ RS219602
(267) 238-4231
Source:
Crexi
Added: Aug 19
Changed: Nov 12
Last Checked: Nov 12 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial NRT Philadelphia
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,700-square-foot office building, constructed in 1956, is configured for professional office use with multiple private offices, a conference room, and a reception area. On-site parking and monument signage support daily operations and property identification along Berlin Road.
The property sits on a heavily traveled corridor generating 30,267 vehicles per day. Access is available to I-295, the New Jersey Turnpike, Routes 30 and 73, and Center City Philadelphia is approximately 20 minutes away. The configuration supports either an owner-user or investment use.
The property sits on a heavily traveled corridor generating 30,267 vehicles per day. Access is available to I-295, the New Jersey Turnpike, Routes 30 and 73, and Center City Philadelphia is approximately 20 minutes away. The configuration supports either an owner-user or investment use.
Key Highlights
- 2,700 SF office building constructed in 1956
- Multiple private offices with conference room and reception area
- On‑site parking and prominent monument signage along Berlin Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,888
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,760
$757.8K
Cap Rate 7%
$541,257
$541.3K
Cap Rate 9%
$420,978
$421.0K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$59.3K $21.96/SF
− Vacancy
−$8.8K −$3.25/SF
EGI
$50.5K $18.71/SF
− OpEx
−$12.6K −$4.68/SF
NOI
$37.9K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,760
Cap Rate 7%
$541,257
Cap Rate 9%
$420,978
Alternative Uses
Best Use
Office B
$541.3K
$473.6K – $631.5K
NOI $37,888 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$684.6K
$599.0K – $798.7K
NOI $47,922 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Camden County, NJ
Properties on Market for Office buildings in Camden County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Professional office layout with private workrooms, meeting space, reception, parking, and prominent roadside signage.
Where is this office building located?
The property is located at 1811 BERLIN RD Cherry Hill, NJ.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2,700 SF office building constructed in 1956; Multiple private offices with conference room and reception area; On‑site parking and prominent monument signage along Berlin Road
