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    353 Route 70 Medford, NJ 08055

    Sponsored
    For Sale
    $284,500

    High-traffic location, versatile office space.

    Property size:
    1,356 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 1,356 sq ft commercial property in Medford, NJ, sits on a 0.69-acre lot at a highly visible, lighted intersection on Route 70, experiencing 25,000-45,000 vehicles daily. Currently configured as a dental office with four chairs (month-to-month lease), it's easily adaptable to various uses including retail, professional offices, or medical practices. The layout includes a reception area, administration offices, restrooms, and a large open area. Recent upgrades include HVAC, ductwork, furnishings, and a security system. The roof is approximately 12 years old. A shed is present on the property. The property features two ingress/egress driveways, a septic system, and a private well. It's being sold "AS IS," with the seller obtaining necessary certificates of compliance (if required). The property offers 1280 sq ft of potential retail space and 800 sq ft of warehouse/work area. Its prime location provides excellent access to major roadways including I-295, Routes 38, 206, 73, 70, the PA & NJ Turnpikes, and the Atlantic City Expressway, placing it within easy reach of Philadelphia, the Jersey Shore, and New York City. Nearby amenities include numerous restaurants, medical facilities, and major shopping centers. The high visibility and traffic volume make this a unique investment opportunity.

    Property Features for 353 Route 70

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,356 SF
    Lot Size
    30,056 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Dental Office Wholesale Shop Department Store Kitchen & Bath Grocery Store Discount Store Daycare Center Smoke and Vape Shop Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.78853
    Latitude
    39.8988

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    FAQs

    What type of property is this?
    Office Property / Space - High-traffic location, versatile office space.
    Where is this office property / space located?
    The property is located at 353 Route 70 Medford, NJ.
    What is the asking price?
    The asking price for this property is $284,500.
    (856) 441-6800
    Request Owner's contact information
    353 Route 70 Medford, NJ 08055
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    Medford, NJ 08055
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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
    353 Route 70 Medford, NJ 08055
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