NJ 08002 Rte 70/Union Ave Cherry Hl Cherry Hill, NJ 08002
This exceptional 1.79-acre commercial land parcel presents a remarkable development opportunity in the thriving Cherry Hill, New Jersey market. Situated at the intersection of Route 70 and Union Avenue, this property boasts a highly visible location with an estimated 50,000 vehicles passing daily. Its strategic position offers unparalleled access to major roadways including Routes 70, 38, and 130, ensuring seamless connectivity throughout the region. The site benefits from its proximity to established businesses and amenities, including the DoubleTree Hotel, Cooper Hospital-Cherry Hill, Garden State Pavilions Shopping Mall, and Cherry Hill Mall, attracting a substantial customer base and workforce. This owner-user opportunity is ideal for a variety of commercial and industrial uses, capitalizing on the high traffic volume and convenient location. The land is priced at $0/SF, offering significant potential for development and return on investment. Less than 7 miles from the Walt Whitman, Ben Franklin, and Betsy Ross bridges, this location provides easy access to Philadelphia and beyond. This is a rare chance to acquire a prime commercial land parcel in a highly sought-after area of Southern New Jersey.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.