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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2426-2428 Nj-38 Cherry Hill, NJ 08002

12,080 SF 0.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.8-acre commercial property, located at 2426-2428 NJ-38 in Cherry Hill, New Jersey (zip code 08002), offers a total of 12,080 square feet of space ideal for a variety of uses. Currently zoned for commercial and medical office purposes, the property boasts a highly desirable location, situated next to a Wawa and McDonald's, ensuring high visibility and convenient access for potential tenants and customers. The ample parking lot provides 43 spaces, accommodating both employees and patrons. The property's versatility is further enhanced by its potential for development. Preliminary plans suggest the possibility of creating approximately 7,480 square feet of retail space and a 4,600 square foot car wash. This presents a unique opportunity for investors and developers seeking a prime location in a thriving commercial area. The property's strategic positioning in Camden County, New Jersey, offers excellent connectivity and accessibility, making it an attractive investment prospect. The existing infrastructure and the potential for future development make this a compelling opportunity to capitalize on a high-traffic location in a growing market. Serious inquiries are encouraged to explore the possibilities of this versatile and strategically located commercial property.

Property profile
Verified
Property type Retail properties & Spaces
Total area 12,080 SF
Lot 0.8 ac (34,848 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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