1920 Fairfax Ave Cherry Hill, NJ 08003-2007
This exceptional 2,800 square foot office building, located at 1920 Fairfax Avenue in Cherry Hill, New Jersey, presents a unique owner-user opportunity. Priced at $387,000, this Class B property offers a blend of executive and traditional office space, perfectly suited for a variety of professional businesses. The building sits on a single lot and is zoned for Light Industrial use, providing flexibility for potential future expansion or adaptation. Its strategic location directly off Route 70 ensures easy access to major transportation arteries, including I-295, the New Jersey Turnpike, and Route 73, facilitating seamless commutes for employees and clients. Ample parking is available on-site, adding to the convenience. The property benefits from a vibrant commercial environment, with nearby establishments including a new Wawa and PJ Whelihan's, as well as numerous national retailers and healthcare facilities. This prime location in Camden County, New Jersey (zip code 08003), offers excellent visibility and accessibility, making it an ideal investment for businesses seeking a well-situated and functional office space. The property's address is 1920 Fairfax Ave, Cherry Hill, NJ 08003.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.