74 Main StMarlton, NJ 08053

Property Details for 74 Main St

Year built

1986

Lot size

0.64 AC

Property size (Sq ft)

1,762 SF

Zone code

C-3

Property type

Day care centers & nurseries

APN

13 00004- 18-00003

APU

13000041800003

Description

This exceptional commercial property, located at 74 E Main Street in the thriving town of Marlton, New Jersey, presents a unique investment opportunity. Boasting a generous 7,500 square feet of space, this versatile property sits on a sizable 0.64-acre lot, offering ample room for expansion, outdoor activities, or additional parking. The property's prime location on East Main Street ensures high visibility and accessibility, making it ideal for a wide range of commercial ventures. The asking price is $1,250,000, representing a compelling value for a property of this size and location in the desirable Marlton market. The property's classification is General Commercial, allowing for considerable flexibility in its potential use. Its substantial size and prominent location make it an attractive prospect for businesses seeking a strong presence in a vibrant community. The 0.64-acre lot provides significant potential for future development or expansion, catering to the needs of a growing business. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. This is a rare opportunity to acquire a significant commercial space in a highly sought-after area of New Jersey. The property's size, location, and price point combine to create a compelling investment proposition. Don't miss out on this chance to secure a valuable asset in the heart of Marlton.

• CAP approach

  CAP return

  Valuation

  6%

  $484,260

  6.5%

  $447,009

  7%

  $415,080

• Comparable approach

  Method

  Valuation

  Relative Method

  $264,756

  Geo Method

  $264,756

• Alternative Use

  Use

  Valuation

  Residential

  $567,050

  Hospitality

  $519,415

  Educational

  $432,147

  Medical

  $447,009

  Retail

  $672,229

Location Insight

City

Marlton

County

Burlington

State

New Jersey

Latitude

39.8906

Longitude

-74.9158

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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