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    203 Sheppard Rd, Unit 2 Voorhees, NJ 08043

    For Sale
    $300,000

    Commercial Sale - VOORHEES, NJ

    Type:Office
    Days on Market:
    185
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 203 Sheppard Rd

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    25
    Parking features
    Parking Lot

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2016
    Number of units
    1
    Building materials
    Frame

    Keller Williams Realty - Medford (609) 654-5656 [email protected]

    Listing agent Ashwin Rashatwar (609) 509-8484 License #1756480

    Listing date Jun 4, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    VOORHEES Medical Office For Sale

    This one-story corner unit, currently leased to a medical office, is located at the intersection of Cooper Road and Centennial Road within Sheppard Office Park in VOORHEES, NJ. The property features major upgrades throughout. The current lease extends through January 31, 2029, with a monthly rent of $2,500. Beginning February 1, 2027, the rent will increase to $2,750 per month for the remainder of the lease term. According to the lease agreement, any increases in HOA fees or property taxes are to be passed on to the tenant as additional rent.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Voorhees
    County
    State
    New Jersey
    Longitude
    -74.94811691
    Latitude
    39.86086714

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    FAQs

    What type of property is this?
    Medical office - Leased medical office space for sale in VOORHEES, NJ.
    Where is this medical office located?
    The property is located at 203 Sheppard Rd, Unit 2 Voorhees, NJ.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Long-term lease in place until January 31, 2029, providing immediate and consistent income.; - Monthly rent of $2,500, increasing to $2,750 on February 1, 2027.; - Tenant covers increases in HOA fees and property taxes.
    (609) 509-8484
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    203 Sheppard Rd, Unit 2 Voorhees, NJ 08043
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    Voorhees, NJ 08043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Sheppard Rd, Unit 2 Voorhees, NJ 08043
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