2091 Springdale Rd Cherry Hill, NJ 08003
- Industrial properties
- 5.40 lot acres
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 2091 Springdale Rd
- Year built
- 1981
- Construction
- CONCRETE BLOCKS
- Lot size
- 5.40 lot acres
- Property type
- Industrial properties
- APN
- 09 00468- 03-00001
- APU
- 9004680300001
Description
This exceptional 3,655-square-foot single-tenant industrial space is ideally located at 2091 Springdale Road, Unit 17, in Cherry Hill, New Jersey, within Camden County (zip code 08003). The property features a 16-foot ceiling height, perfect for various industrial and flex uses. Loading and unloading is facilitated by one 8'x8' loading dock. The interior boasts six individual offices, a reception area, a conference room, a kitchenette, and two restrooms, providing ample space for both work and collaboration. The space is equipped with a dry sprinkler system for enhanced safety. Electrical service is 120/208 Volt, 200 amp with a 100-amp sub-panel. Furniture is available upon request. Building and suite-front signage opportunities are available. High-speed internet access is provided through Comcast and Verizon. The property enjoys convenient access to major roadways, including Routes 70 and 73, the New Jersey Turnpike, and I-295, placing it within 15 minutes of the Tacony-Palmyra and Ben Franklin bridges. A variety of hotels, restaurants, and retail establishments are located nearby. The property is zoned Industrial Restricted (IR) and is available for occupancy at the end of 2024. This one-story building offers a single-tenant occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,065,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,505,000
- 6.5%
- $7,005,000
- 7%
- $6,420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,425,000
- Geo Method
- $6,045,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,105,000
- Retail
- $7,990,000
- Mixed-Use
- $7,380,000
- Hospitality
- $5,930,000
- Educational
- $6,975,000
- Residential Income
- $5,985,000
- Energy
- $7,190,000
- Income-Based Land
- $7,900,000
- Food Service
- $6,200,000
Location Insight
- Map
- Local Demand
- City
- Cherry Hill
- County
- Camden
- State
- New Jersey
- Longitude
- -74.9639
- Latitude
- 39.9178
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA