3701 Church RdMount Laurel Township, NJ 08054

  • Commercial real estate
  • 5.45 AC

Property Details for 3701 Church Rd

Year built
1969
Lot size
5.45 AC
Property type
Commercial real estate
APN
24 01305-0000-00001
APU
2401305000000001

Description

Roberts Mill Shopping Center offers exceptional executive office suites for lease within a thriving mixed-use complex. This highly visible location on heavily trafficked Church Road boasts completely renovated and modernized spaces, ranging from 590 to 1,060 square feet. The building's 1,650 total square feet are currently vacant and available for immediate occupancy. Ideal for small businesses, professionals, or single-person entities, these suites are perfect for a variety of uses, including law firms or accounting practices. The convenient location offers easy access to major roadways, including I-295, the NJ Turnpike, King's Highway, Chapel Avenue, Routes 38 and 70, and is only 25 minutes from Center City Philadelphia. Enjoy the benefit of a walkable environment with nearby retail stores, restaurants, and amenities such as Lifetime Fitness, Miller's Ale House, Lowe's, and a Walmart Supercenter. Ample parking is available with 250 spaces provided for tenants and visitors. The property features multiple tenancies, allowing for flexibility and a vibrant community atmosphere. Don't miss this opportunity to establish your business in a prime location with excellent visibility and convenient access.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $60,892,500
    6.5%
    $56,208,400
    7%
    $52,193,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $31,018,900
    Geo Method
    $31,018,900
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $105,919,000
    Retail / Commercial
    $55,243,300
    Mixed-Use / Specialty
    $55,777,800
    Hospitality / Lodging
    $41,874,800
    Office
    $56,208,400
    Institutional / Educational
    $58,247,900
    Residential Income
    $68,150,100
    Multifamily
    $77,680,000
    Automotive / Energy
    $49,926,800
    Parking / Income-Based Land
    $16,506,400
    Restaurant / Food Service
    $30,571,700
    Healthcare / Senior Housing
    $56,449,000

Location Insight

City
Mount Laurel
County
Burlington
State
New Jersey
Latitude
39.9311
Longitude
-74.9769
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
$90,128
$1,490,000
$1,486,500
$2,976,500
-
$1,490,000
$1,486,500
$2,976,500

FAQs

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