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Property profile & analytics
OFF-MARKET Estimated value $510,000
Commercial real estate

1808 Springdale Rd Cherry Hill, NJ 08003-2002

1,101 SF 0.34 ac lot Built 1964
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-0301372
Property summary
AI-generated overview

This exceptional Class A creative office space, located at 1808 Springdale Rd in Cherry Hill, NJ 08003, offers 3,100 square feet of versatile space in a prime location. Recently renovated in 2023, this former insurance office boasts nine separate staging areas, three full bathrooms, and three convenient entrances across three levels. The building, constructed in 1950, features a new roof, siding, carpet, paint, and hard material flooring. Exterior improvements include a new front porch balustrade and a rear deck with an accessible ramp. The property sits on a 14,641 square foot lot and includes 13 parking spaces. Its location at the busy intersection of Route 70 and Springdale Road offers easy access to I-295 and is directly across from a newly opened CVS Pharmacy. The upcoming widening of Route 70 is expected to further increase property value. The building's numerous windows provide ample natural light, and the lower level includes a setup for a small eating area. This property is zoned COMMERCIAL and is currently vacant, with an occupancy date of March 21, 2024. The asking price is $569,900 ($183.84/sq ft). The large, illuminated signpost is ready for your business signage. Consider the potential for co-working space to maximize rental income.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1964
Construction BRICK
Total area 1,101 SF
Lot 0.34 ac (14,641 SF)
APN 09 00470- 13-00007
UPID US59-0301372
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
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
171922 Doroba Springdale LLC · 1 yrs held
171922 Doroba Springdale LLC
since 2025
Last sale
$545,000
3 recorded transactions
2025
$545,000
2018
Price N/A
2012
$475,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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