9.84 AC Philadelphia MSA | 26K VPD | $140K HH Income.
Marketplace Online Auction | September 12-14, 2022
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Development Opportunity approximately 20 Miles East of Philadelphia
High Traffic Area with ±26,014 VPD on Nj-70, just Minutes from I-295 and the NJ Turnpike
Zoned Medium Density with Permitted Uses including Single Family Residential
Nearby National Retailers: Walmart, ShopRite, Starbucks, PetSmart, Kohl's, Whole Foods, Trader Joe's, Walgreens, TJ Maxx, Michael's, Home Goods, and many more
Affluent Philly Suburb with 2022 Population of ±126,799 within 5-Miles and Average Household Income of ±$141,250
Marcus & Millichap and RI Marketplace are pleased to present a ±9.84-Acre parcel of land located at 510 Nj-70 in Marlton, New Jersey (“Property”). The Property offers an exceptional investment opportunity via development.
The Property consists of a single parcel totaling 9.84 acres along Nj-70 and benefitting from traffic counts of ±26,014 vehicles per day. The parcel is currently zoned Medium Density and sits adjacent to an established residential community. The property is positioned within an amenity-rich suburban location proximate to numerous national retailers including Walmart, ShopRite, Starbucks, PetSmart, Kohl's, Staples, Whole Foods, Trader Joe's, Walgreens, TJ Maxx, Michael's, Home Goods, and many more. The Parcel is well-positioned in the trade area approximately 5-miles from I-295 and the NJ Turnpike with direct access to downtown Philadelphia (±20-Miles), Trenton (±30-Miles), and Wilmington, DE (±45-Miles).
Marlton is a community located within Evesham Township, in Burlington County, New Jersey approximately 20 miles east of Philadelphia. The Property benefits from favorable trade area demographics within a five-mile radius; the population is ±126,799 individuals and a robust average household income of ±$141,250. The average home in Evesham Township is listed for sale at $401,614. This opportunity gives potential investors the ability to acquire a ±9.84 AC parcel at a significant discount with huge value-add potential through future development.
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Richard G. Warner
Fisher Auction Company Inc.