Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7349 Cres Blvd Pennsauken Township, NJ 08110
    Property profile & analytics

    7349 Cres Blvd, Pennsauken Township, NJ 08110

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 7349 Cres Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Freestanding property

    Description

    This exceptional 1,750 square foot freestanding retail building is ideally situated in Pennsauken Township, New Jersey, at 7349 N Crescent Blvd, zip code 08110. The property boasts excellent visibility and convenient access, located on the Route 130 corridor, a high-traffic area with a strong retail presence. Its strategic location offers easy access to the intersection of Route 130 and Route 90, ensuring high exposure to potential customers. The site benefits from significant traffic counts, with Route 130 boasting an average daily traffic (ADT) of 38,970 vehicles. Furthermore, a substantial population of 11,260 residents lives within a one-mile radius. This prime location is complemented by the presence of established businesses in the immediate vicinity, including a new Taco Bell and Tim Horton's, as well as Wendy's and Caliber Collision. The property is specifically suited for banks, fast food establishments, quick-service restaurants (QSRs), and medical users. This presents a unique opportunity for businesses seeking a high-visibility location within a thriving retail market. The single-tenant occupancy ensures complete control and flexibility for the future tenant.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pennsauken Township
    County
    State
    New Jersey
    Longitude
    -75.0444
    Latitude
    39.9694

    Comparable in this City

    • Value Estimation by Request
      2,900 SF

      1100 Nj-73

      Individual retail properties
      1100 Nj-73, Pennsauken Township, NJ 08110
      View Details
    • Value Estimation by Request

      6959 Cres Blvd

      Individual retail properties
      6959 Cres Blvd, Pennsauken Township, NJ 08110
      View Details
    • Value Estimation by Request
      1.60 Acres

      1021 Rte 73

      RESTAURANT
      1021 Rte 73, Pennsauken, NJ 08110-1359
      View Details
    • Value Estimation by Request
      0.66 Acres

      3611 Riv Rd

      GAS STATION
      3611 Riv Rd, Pennsauken, NJ 08110-4300
      View Details
    • Value Estimation by Request
      1.03 Acres

      4000-4002 41st St

      CAR WASH
      4000-4002 41st St, Pennsauken, NJ 08110
      View Details
    • Value Estimation by Request
      3.00 Acres

      455 37th St

      INDUSTRIAL (GENERAL)
      455 37th St, Pennsauken, NJ 08110-4333
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,058 SF

      Pennsauken Retail Opportunity For Sale

      Vacant retail property with drive-thru in Pennsauken, New Jersey.
      5714 Westfield Ave, Pennsauken, NJ 08110
      View Details
    • Contact for pricing
      4,500 SF

      Corner Retail/Showroom with Warehouse

      Highly visible corner location with retail, warehouse, and storage.
      6300 Westfield Ave, Pennsauken, NJ 08110
      View Details
    • Contact for pricing
      Pending

      Renovated Medical Facility Available

      Move-in ready medical facility in Willow Ridge development.
      310b-750 Route 73 S, Marlton, NJ 08110
      View Details
    • Contact for pricing

      Pennsauken Single-Story Building For Sale

      1,150 SF building suitable for medical, office, or service use.
      502 Hillside Ter, Pennsauken, NJ 08110
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo

      Retail Space in Pennsauken, NJ

      Retail space for rent in Pennsauken, New Jersey.
      6300 Westfield Ave, Pennsauken, NJ 08110
      View Details
    • $6,000 /Mo
      11,809 SF

      Retail Space in PENNSAUKEN, NJ

      Retail space available for lease in PENNSAUKEN, New Jersey.
      4545 S Crescent Blvd, Pennsauken, NJ 08110
      View Details
    • Contact for pricing

      Retail Space on Westfield Avenue

      Retail space with high visibility and strong traffic counts.
      7349 N Crescent Blvd, Pennsauken, NJ 08110
      View Details
    • Contact for pricing

      Fenced Yard with Office/Garage

      4,700 SF fenced yard with 1,000 SF office/garage.
      2230 Clements Ave, Pennsauken, NJ 08110
      View Details
    • Contact for pricing

      Warehouse/Manufacturing Space on Route 130

      63,000 SF warehouse/manufacturing space with highway access and ample parking.
      6901 N Crescent Blvd, Pennsauken, NJ 08110
      View Details
    • Contact for pricing

      Industrial Property for Lease

      Industrial property available for lease in Pennsauken Township, NJ.
      8600 River Rd, Pennsauken, NJ 08110
      View Details
    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.
    7349 Cres Blvd
    Pennsauken Township, NJ 08110
    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
    7349 Cres Blvd, Pennsauken Township, NJ, 08110
    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!