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    3201 Route 38 Mount Laurel, NJ 08054

    For Sale
    $1,075,000

    Commercial Sale - MOUNT LAUREL, NJ

    Type:Office
    Lot size:
    1.02 Acres
    Days on Market:
    164
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 3201 Route 38

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    30
    Parking features
    Parking Lot, Special Needs
    Lot size
    1.02 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1987
    Number of units
    8
    Building materials
    Aluminum Siding, Vinyl Siding, Brick, CPVC/PVC, Copper Plumbing

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

    Listing agent James L Moffa (609) 654-5656 License #901791

    Listing date Jun 25, 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

    Route 38 Professional Office Building

    This is an opportunity to own an eight-suite professional office building located on Route 38 in Mount Laurel, New Jersey. The property is strategically positioned next to the Larchmont Shopping Center, offering high visibility and easy access due to its location past the traffic light. The building features eight units, each equipped with one restroom. Three of the office suites are currently leased. A full basement provides each suite with storage space, supported by four independent sump pumps. The building's condition is above average, and all aspects of the complex meet or exceed code standards. Each unit is independently metered, with tenants responsible for their own electric and cable, as well as a percentage of water and sewer costs. The property offers visibility for signage. Its location provides convenient access to amenities such as the Centerton Square Shopping Center, Promenade Shopping Center, Cherry Hill & Moorestown Malls, restaurants, and shops. It is also near Route 70, 73, 38, & 206, Interstate 295, NJ Turnpike & Atlantic City Expressway. The lot size is 1.02 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Laurel
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.88248
    Latitude
    39.97038

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    FAQs

    What type of property is this?
    Office building - Eight-suite office building on Route 38 in Mount Laurel, NJ.
    Where is this office building located?
    The property is located at 3201 Route 38 Mount Laurel, NJ.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: - High-visibility location on Route 38, next to Larchmont Shopping Center, ensures excellent exposure and easy access.; - Eight individual office suites, three currently leased, offer immediate income potential and flexibility for owner occupancy or investment.; - Each suite includes a private restroom and dedicated basement storage, enhancing tenant appeal.
    (609) 654-5656
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    3201 Route 38 Mount Laurel, NJ 08054
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    Mount Laurel, NJ 08054
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    3201 Route 38 Mount Laurel, NJ 08054
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