119 Greentree RdEvesham, NJ 08053

  • Office properties
  • 20,144 SF
For Sale

Property Details for 119 Greentree Rd

Year built
2005
Lot size
2.81 AC
Property size (Sq ft)
20,144 SF
Zone code
MD
Property type
Office properties
Property subtype
Office buildings
APN
13 00007-0000-00001
APU
1300007000000001

Description

This exceptional executive office building, located at 119 W Greentree Rd in Evesham, New Jersey, presents a unique investment opportunity. Boasting 20,388 square feet of meticulously maintained space, this 2007-constructed building is situated on a generous 2.8-acre lot. The property is zoned Medium Density (MD), offering flexibility for various business uses. Ample parking is provided with 94 spaces, ensuring convenient access for employees and clients. The building's strategic location near the intersection of Rt. 73 & Greentree Road provides excellent visibility and accessibility. The 2022 property taxes were approximately $52,000. This turnkey executive office building is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a high-quality, well-located space in Burlington County, New Jersey. The property's size, parking, and zoning make it an ideal choice for a variety of businesses. The address is 119 W Greentree Rd, Evesham, NJ 08053.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,113,019
    6.5%
    $4,719,710
    7%
    $4,382,588
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,632,015
    Geo Method
    $2,632,015
  • Alternative Use

    Use
    Valuation
    Residential
    $5,852,440
    Hospitality
    $5,360,804
    Educational
    $4,460,126
    Medical
    $4,613,516
    Retail
    $6,937,973
119 Greentree Rd, Evesham, New Jersey

Location Insight

City
Marlton
County
Burlington
State
New Jersey
Latitude
39.9097
Longitude
-74.9319
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
$64,909
$562,200
$1,552,800
$2,115,000
-
$562,200
$1,552,800
$2,115,000

FAQs

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