Remodeled Office Space For
For Sale
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105 Atsion Rd, Medford, NJ 08055
Modern, remodeled 1,700 sq ft office space for sale.
Property Size1,700 SF
Price / SF$105.82
Days on Market104
Property Features for 105 Atsion Rd
General Information
Standard status
Active
Size
1,700 SF
Class
A
Property subtype
Office
Zoning
RC
Lease Type
Gross
Investment Type
Stabilized
Building Details
Year Built
1984
Year Renovated
2024
Stories
2
Tenancy
Multi
Listing Agency:
Hedenberg Real Estate Company
(856) 397-5744
Listed By:
Brandon Hedenberg · License #NJ 1752988
Source:
Crexi
Added: May 11
Changed: Aug 16
Last Checked: Aug 16 at 10:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hedenberg Real Estate Company
Investment Insights
Based on property information with market context.
This modern, fully remodeled office space offers 1,700 square feet of flexible workspace. The layout includes 7 private offices and 1 bathroom. The space has been recently updated with new vinyl flooring throughout, freshly painted walls, and refurbished details. It is move-in ready and offers a professional environment. Key features include a comprehensive security system, video intercom, and an access control system for enhanced safety. Ample parking is available for both employees and clients. The building has a new roof, installed by the association within the last year. The space can be delivered vacant, offering flexibility for customization.
Key Highlights
- Newly remodeled 1,700 sq. ft. office space.
- Features 7 private offices.
- Comprehensive security system with video intercom and access control.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,251
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$305,020
$305.0K
Cap Rate 7%
$217,871
$217.9K
Cap Rate 9%
$169,456
$169.5K
Market Conditions
NOI Build-Up for 1,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.8K $13.44/SF
− Vacancy
−$2.5K −$1.48/SF
EGI
$20.3K $11.96/SF
− OpEx
−$5.1K −$2.99/SF
NOI
$15.3K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$305,020
Cap Rate 7%
$217,871
Cap Rate 9%
$169,456
Alternative Uses
Best Use
Office B
$217.9K
$190.6K – $254.2K
NOI $15,251 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.56M
$3.11M – $4.15M
NOI $248,886 @ 7.0% cap · market cap 138.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 08055, NJ
28,806
Population
11,103
Households
2.6
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
40.0 sq mi
ZIP Area
720
Density / Sq Mi
$158,487
Median Household Income
$77,304
Median Earnings
$1,502
Median Rent
$456,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Modern, remodeled 1,700 sq ft office space for sale.
Where is this office units located?
The property is located at 105 Atsion Rd Medford, NJ.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Newly remodeled 1,700 sq. ft. office space.; Features 7 private offices.; Comprehensive security system with video intercom and access control.
