1110 Marlton PikeCherry Hill, NJ 08034

  • Other commercial real estate
  • 0.47 AC
For Lease
$45/SF/YR View listing

Property Details for 1110 Marlton Pike

Year built
1973
Construction
CONCRETE BLOCKS
Lot size
0.47 AC
Property type
Other commercial real estate
APN
09 00341- 18-00003
APU
9003411800003

Description

This exceptional 3,100-square-foot freestanding medical office building presents a unique investment opportunity in Cherry Hill, New Jersey. Situated on a 0.47-acre lot at 1110 Marlton Pike East, this single-tenant property boasts a prominent location on Route 70, offering excellent visibility and accessibility. The building features 30 marked parking spaces and benefits from an easement to a signalized intersection at Route 70 and Kingston Drive, ensuring convenient access for patients and staff. With 190 feet of frontage on Route 70, this location enjoys high traffic volume (55,307 vehicles per day) and close proximity to major roadways including Kings Highway and Route 295, as well as Philadelphia. The property is zoned for Highway Commercial use and is ideally situated near a variety of retail, restaurants, and residential areas. The building is currently vacant, offering immediate occupancy. Taxes are $8.39 per square foot. All utilities are available, including power. This is a landmark site in a thriving area, perfect for a medical practice seeking high visibility and convenient access. The one-story building presents a rare opportunity to establish a successful medical practice in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,190,876
    Hospitality
    $6,586,803
    Educational
    $5,480,143
    Medical
    $5,668,614
    Retail
    $8,524,667
1110 Marlton Pike, Cherry Hill, New Jersey

Location Insight

City
Cherry Hill
County
Camden
State
New Jersey
Latitude
39.9119
Longitude
-74.9972
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
2023
$24,535
$255,200
$328,700
$583,900
-
$255,200
$328,700
$583,900

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