850 East Evesham Rd Cherry Hill, NJ 08003
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.