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    400 Kaighns Ave Cherry Hill, NJ 08002

    Sponsored
    For Sale
    $800,000

    Prime Commercial Land, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.8-acre commercial land parcel presents a unique investment opportunity in the thriving Cherry Hill, NJ market. Located at 400 Kaighns Ave, 08002, this property offers unparalleled access to Route 38 and Cuthbert Boulevard, boasting 47,714 average daily vehicle counts. The site benefits from shared access with a Lidl supermarket and the adjacent Cherry Hill Commons Walmart power center, ensuring high visibility and significant foot traffic. Situated in the heart of Cherry Hill's Golden Triangle, this location enjoys a substantial daytime population. The property's strategic placement within this established commercial hub provides excellent potential for development and a potential shared signage opportunity. This is an ideal location for businesses seeking high visibility and access to a dense consumer base in a rapidly growing area of the Delaware Valley metropolitan statistical area, which includes Philadelphia and Camden. The asking price for this exceptional land parcel is $800,000. This represents a compelling investment opportunity in a prime location with significant development potential. The property is owned by Lidl.

    Property Features for 400 Kaighns Ave

    General Information

    Property type
    Land

    HighLights

    • Shared access with Lidl and adjacent Walmart power center (Cherry Hill Commons).
    • Excellent access from Route 38 and Cuthbert Boulevard.
    • Route 38 sees 47,714 ADT.
    • Prime development opportunity in Cherry Hill's Golden Triangle.
    • Potential for shared signage.
    • High daytime population due to proximity to Lidl and other businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cherry Hill
    County
    Camden
    State
    New Jersey
    Longitude
    -75.049979084751
    Latitude
    39.936089785785

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic
    Where is this land located?
    The property is located at 400 Kaighns Ave Cherry Hill, NJ.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Shared access with Lidl and adjacent Walmart power center (Cherry Hill Commons).; Excellent access from Route 38 and Cuthbert Boulevard.; Route 38 sees 47,714 ADT.
    Request Owner's contact information
    400 Kaighns Ave Cherry Hill, NJ 08002
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    Cherry Hill, NJ 08002
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    Realmo Value Estimation

    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.

    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.

    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
    400 Kaighns Ave Cherry Hill, NJ 08002
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