Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    923 Haddonfield Rd Cherry Hill, NJ 08002
    Property profile & analytics

    923 Haddonfield Rd, Cherry Hill, NJ 08002

    View on Map
    • Office Spaces
    • 15,190 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 923 Haddonfield Rd

    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    This exceptional Class A office space, located at 923 Haddonfield Rd. Suite 300 in Cherry Hill, NJ 08002, offers a variety of flexible workspace solutions. Situated within the Regus Towne Park at Garden State, this 15,190 square foot building boasts 350 suites, providing options for businesses of all sizes. Currently, 5,970 square feet of space is available, with minimum divisible units starting at 10 square feet and maximum contiguous space up to 1,300 square feet. The building features multiple tenancies, catering to diverse business needs. Renovated in 2019, the property includes modern amenities such as elevators. Its prime location in Camden County, New Jersey, places it within easy reach of a thriving high-tech community and affluent residential areas. Enjoy convenient access to restaurants and nearby recreational areas, as well as the cultural attractions of Philadelphia. The building offers a modern terrace perfect for client meetings, providing stunning views of the surrounding landscape. This is an ideal location for businesses seeking a prestigious address and a supportive work environment. The property is categorized as Executive Office, Coworking, and Creative Office space, offering a versatile solution for various business models and needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Hill
    County
    Camden
    State
    New Jersey
    Longitude
    -75.0353
    Latitude
    39.9251

    Comparable in this City

    • Value Estimation by Request
      0.80 Acres

      2426-2428 Nj-38

      Medical Office Space
      2426-2428 Nj-38, Cherry Hill, NJ 08002
      View Details
    • Value Estimation by Request
      430,000 SF

      2370 Marlton Pike

      Office Spaces
      2370 Marlton Pike, Cherry Hill, NJ 08002
      View Details
    • Value Estimation by Request
      81,000 SF

      2201 Nj-38

      Office Spaces
      2201 Nj-38, Cherry Hill, NJ 08002
      View Details
    • Value Estimation by Request

      401 Cooper Landing Rd

      Medical Office Space
      401 Cooper Landing Rd, Cherry Hill, NJ 08002
      View Details
    • Value Estimation by Request
      2.05 Acres

      54 Haddonfield Rd

      COMMERCIAL (GENERAL)
      54 Haddonfield Rd, Cherry Hill, NJ 08002-1446
      View Details
    • Value Estimation by Request

      328 Haddonfield Rd

      COMMERCIAL (GENERAL)
      328 Haddonfield Rd, Cherry Hill, NJ 08002-2204
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,500 SF

      Cherry Hill Office Building For Sale

      Premier office building on Route 70, fully leased.
      532 Route 70 W, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      2,200 SF

      Cherry Hill Commercial Building For Sale

      Commercial building in Cherry Hill Shopping District, suitable for various businesses.
      2306 Church Rd, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing

      Single-Story Building Near Route 38

      2,400 SF building on 0.24 acre lot near Route 38.
      2409 Church Rd, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      1,031 SF

      Dental Office on Route 70

      Freestanding, fully equipped dental office in a high-traffic area.
      539-553 Route 70 W, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      4,650 SF

      Single Story Professional Office Building

      Single-story office with private offices, conference rooms, and full basement.
      306 Kings Hwy S, Cherry Hill, NJ 08002
      View Details
    • $550,000

      Cherry Hill Office Building For Sale

      2,200 SF office building in Cherry Hill Shopping District.
      2306 Church Rd, Cherry Hill, NJ 08002
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      Towne Park at Garden State

      Discover many ways to work your way in RSA Battle House Tower
      923 Haddonfield Rd, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      5,554 SF

      Cherry Hill Office Space Available

      Office space for lease in Cherry Hill, New Jersey.
      923 Haddonfield Rd, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      7,133 SF

      Cherry Hill Office Space Available

      Office spaces for lease in Cherry Hill, New Jersey.
      1810 Chapel Ave W, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      8,685 SF

      Single-Story Building with Private Access

      Efficient layout, open areas, individual offices, loading available.
      53 Haddonfield Rd, Cherry Hill, NJ 08002
      View Details
    • Contact for pricing
      4,533 SF

      Cherry Hill Office Space Available

      Office space for rent in Cherry Hill, New Jersey.
      1800 Chapel Ave W, Cherry Hill, NJ 08002
      View Details
    • $9 SF/Yr

      Cherry Hill Office Space Available

      Office space available for lease in Cherry Hill, New Jersey.
      53 Haddonfield Rd, Cherry Hill, NJ 08002
      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.
    923 Haddonfield Rd
    Cherry Hill, NJ 08002
    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
    923 Haddonfield Rd, Cherry Hill, NJ, 08002
    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!