Professional Office Unit with Finished Lower
New
For Sale
$195,000
105 ATSION RD #H H, Medford, NJ 08055
Four private offices, a kitchenette, and additional open workspace support a range of professional business operations.
Property Size2,000 SF
Price / SF$97.50
Days on Market3
Property Features for 105 ATSION RD #H H
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Condition
Move-in Ready
HOA Fee
$530
Office Units
1
Property Use
Office
Amenities
central fire alarm
keyed mailbox
water & sewer
exterior maintenance
wood destroying insect control
trash removal
snow removal
landscaping
Listing Agency:
Keller Williams Realty - Moorestown
(856) 316-1100
Listed By:
Jennifer M D'Alesandro · License #231444
(609) 320-3122
Source:
Towncentermd
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 2:48AM
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 Keller Williams Realty - Moorestown
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condominium at Old Towne Square offers approximately 2,000 square feet across an updated first floor and a newly finished lower level. The main level includes a foyer, a reception or waiting area, four private offices, a kitchenette and break area, and a remodeled bathroom. The lower level provides a large open workspace along with closets and storage. Recent improvements include new HVAC and a new hot water heater; the first-floor finishes include neutral paint and wood-look flooring. The corner unit has additional windows.
The property is in Medford, New Jersey, within a professional building. Association services include water and sewer, exterior maintenance, trash and snow removal, landscaping, exterior sprinkler service, and wood-destroying insect control. The association also provides a central fire alarm for the complex, a keyed mailbox, and paved parking with no space limit.
The property is in Medford, New Jersey, within a professional building. Association services include water and sewer, exterior maintenance, trash and snow removal, landscaping, exterior sprinkler service, and wood-destroying insect control. The association also provides a central fire alarm for the complex, a keyed mailbox, and paved parking with no space limit.
Key Highlights
- Approximately 2,000 square feet of office space
- Corner unit with additional windows
- Four private offices, reception area, kitchenette, and remodeled bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,942
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,840
$358.8K
Cap Rate 7%
$256,314
$256.3K
Cap Rate 9%
$199,356
$199.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$26.9K $13.44/SF
− Vacancy
−$3.0K −$1.48/SF
EGI
$23.9K $11.96/SF
− OpEx
−$6.0K −$2.99/SF
NOI
$17.9K $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 Rate 5%
$358,840
Cap Rate 7%
$256,314
Cap Rate 9%
$199,356
Alternative Uses
Best Use
Office B
$256.3K
$224.3K – $299.0K
NOI $17,942 @ 7.0% cap · market cap 9.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.18M
$3.66M – $4.88M
NOI $292,807 @ 7.0% cap · market cap 150.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
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
Frequently Asked Questions
What type of property is this?
Office unit - Four private offices, a kitchenette, and additional open workspace support a range of professional business operations.
Where is this office unit located?
The property is located at 105 ATSION RD #H H Medford, NJ.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Approximately 2,000 square feet of office space; Corner unit with additional windows; Four private offices, reception area, kitchenette, and remodeled bathroom
