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Property profile & analytics
FOR SALE
Commercial real estate

850 East Evesham Rd Cherry Hill, NJ 08003

3.79 ac lot
Property ID
US59-0578656
850 East Evesham Rd, Cherry Hill, NJ 08003 For Sale
$1,900,000
850 East Evesham Rd, Cherry Hill, NJ 08003
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Property summary
AI-generated overview

This exceptional 3.79-acre commercial development site is located at 850 Evesham Road in Cherry Hill, New Jersey, zip code 08003. The property is zoned IN- Institutional, presenting a unique opportunity for developers seeking to build in a prime location. Situated in the heart of the affluent Marlton trade area, this land parcel benefits from a highly desirable demographic profile. Within a five-minute drive, the median household income surpasses $116,000, indicating strong purchasing power and a robust potential customer base. The expansive lot size offers significant flexibility for various development projects. Given the IN- Institutional zoning, potential uses could include senior living facilities or daycare centers, aligning with the area's demographic needs and affluent community. The property's address is easily accessible, providing convenient access for residents and employees. This exceptional location and zoning make this a rare and highly sought-after development opportunity in Camden County, New Jersey. Serious inquiries are encouraged to explore the full potential of this remarkable land parcel. The property's latitude and longitude coordinates are 39.8733746 and -74.9315636 respectively.

Property profile
Verified
Property type Commercial real estate
Lot 3.79 ac (165,092 SF)
UPID US59-0578656
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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