660 Kings HwyCherry Hill, NJ 08034

  • Commercial real estate
  • 1.04 AC
For Lease
$12/SF/YR View listing

Property Details for 660 Kings Hwy

Year built
1968
Construction
BRICK
Lot size
1.04 AC
Property type
Commercial real estate
APN
09 00340- 30-00009
APU
9003403000009

Description

This exceptional office space at 660 Kings Highway North in Cherry Hill, New Jersey, offers multiple tenancy options within a traditional office setting. Two suites are currently available, ranging from 1,825 to 2,800 square feet, perfect for businesses seeking flexible and adaptable workspaces. Located in the heart of Cherry Hill, this property enjoys high visibility on the heavily trafficked Kings Highway, surrounded by a vibrant mix of retail, restaurants, and other businesses. The building features convenient on-site parking and an elevator for easy access. Its strategic location provides excellent accessibility to major roadways, including Routes 70, 38, and 73, with quick access to Interstate 295 and the New Jersey Turnpike. A motivated landlord is offering below-market rates, making this an exceptional opportunity for businesses seeking a cost-effective and well-situated office space in Camden County, New Jersey. The property's zip code is 08034. This is a fantastic opportunity to establish or expand your business in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,655,900
    6.5%
    $10,759,300
    7%
    $9,990,810
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,932,230
    Geo Method
    $5,932,230
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $20,272,800
    Retail / Commercial
    $10,573,900
    Mixed-Use / Specialty
    $10,676,600
    Hospitality / Lodging
    $8,015,800
    Office
    $10,759,300
    Institutional / Educational
    $11,149,500
    Residential Income
    $13,044,900
    Multifamily
    $14,867,300
    Automotive / Energy
    $9,556,710
    Parking / Income-Based Land
    $3,159,230
    Restaurant / Food Service
    $5,852,510
    Healthcare / Senior Housing
    $10,804,700

Location Insight

City
Cherry Hill
County
Camden
State
New Jersey
Latitude
39.9241
Longitude
-75.0001
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$34,188
$326,300
$510,400
$836,700
-
$326,300
$510,400
$836,700

FAQs

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