1900 Greentree RdCherry Hill, NJ 08003

Property Details for 1900 Greentree Rd

Year built

1980

Construction

BRICK

Lot size

5.18 AC

Property type

Commercial real estate

APN

09 00469- 20-00002

APU

9004692000002

Description

Springdale Plaza, located at 1900 Greentree Rd, Cherry Hill, NJ 08003, presents a unique redevelopment opportunity in Camden County. This single-building retail property offers a 2,500 square foot vacant endcap and pad site, ideal for a variety of uses. The site is strategically positioned near the intersection of Greentree Rd and Springdale Rd, offering excellent visibility and accessibility. The property is currently seeking tenants for medical, professional, flex-office, retail, and fast-food uses. The pad site is available on a ground lease or build-to-suit basis, providing flexibility for potential tenants. The endcap space can be customized to meet tenant specifications. In addition to the endcap and pad site, inline spaces starting at 1,000 square feet are also available. Current tenants include ATAX Tax Services, Kids First Swim, and McDowell Design Services, creating a diverse and established tenant mix. This property offers a compelling investment opportunity for businesses seeking a high-visibility location in a thriving Cherry Hill community. The property's location provides easy access to major roadways and a strong customer base. Don't miss this chance to secure a prime retail space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $71,904,700

  6.5%

  $66,373,600

  7%

  $61,632,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,482,300

  Geo Method

  $29,482,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $125,913,000

  Retail / Commercial

  $65,499,700

  Mixed-Use / Specialty

  $66,000,700

  Hospitality / Lodging

  $49,378,800

  Office

  $66,373,600

  Institutional / Educational

  $68,876,600

  Residential Income

  $80,585,600

  Multifamily

  $92,578,400

  Automotive / Energy

  $59,037,100

  Parking / Income-Based Land

  $19,647,400

  Restaurant / Food Service

  $35,894,900

  Healthcare / Senior Housing

  $66,929,300

Location Insight

City

Cherry Hill

County

Camden

State

New Jersey

Latitude

39.906

Longitude

-74.9652

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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