Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    212 Route 38 W, Unit 360 Moorestown, NJ 08057

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $177,900

    1,010 sq. ft. office suite in Moorestown, NJ

    Lot size:
    0.30 Acres

    Property Features for 212 Route 38 W

    General Information

    Standard status
    Active
    Lot size
    0.30 Acres

    Building Details

    Year built
    2007

    We can help!

    Listing Contact
    James Brent Bergman
    Source: Corcoran

    Listing Agency: CENTURY 21 ALLIANCE-MEDFORD Listing Agent: James Brent Bergman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Functional Office Suite on Route

    This 1,010 sq. ft. office suite is available for purchase in a highly visible and accessible location on Route 38 W in Moorestown, NJ. The suite offers a functional layout, suitable for a growing business. It features two private offices for focused work, a large common area ideal for secretarial or assistant desks or a collaborative workspace, and a small kitchen area for convenience. A private bathroom is located within the suite. The suite also includes carpeted floors and a private mailbox near the building. The property is well-maintained and provides ample parking. This suite is ideal for professional services, medical offices, or small businesses looking for an efficient and comfortable workspace.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Moorestown
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.947912
    Latitude
    39.95363

    Nearby Similar for Sale

    • $177,900
      1,010 SF

      MOORESTOWN Office Suite For Sale

      Prime office space in a highly visible, accessible MOORESTOWN location.
      212 Route 38 W, Moorestown, NJ 08057
      View Details
    • Contact for pricing

      Retail Space Near Moorestown Mall

      Retail opportunity in super regional location near Moorestown Mall.
      Rte 38 & Lenola Rd, Moorestown, NJ 08057
      View Details
    • Contact for pricing
      771,856 SF

      Coveted Retail Space in Moorestown

      Prime retail spaces available in a large open-air shopping center.
      Rte 38 & Nixon Dr, Moorestown, NJ 08057
      View Details
    • Contact for pricing
      4,516 SF

      Retail and Restaurant Space Available

      Retail and restaurant spaces available in Moorestown, New Jersey.
      Young Ave & Centerton Rd, Moorestown, NJ 08057
      View Details
    • $1,300,000

      Historic Moorestown Commercial Building

      Multi-unit commercial building in Moorestown's Historic District with long-term tenants.
      101 E Main St, Moorestown, NJ 08057
      View Details
    • $950,000

      Mixed-Use Building on Main Street

      Versatile mixed-use building in historic Moorestown with commercial and residential spaces.
      66 E Main St, Moorestown, NJ 08057
      View Details
    • Contact for pricing
      10,627 SF

      Office Building with Investment Opportunity

      Office building, residence, and cell tower lease for sale.
      505-509 Pleasant Valley Ave, Moorestown, NJ 08057
      View Details
    • $425,000
      1,600 SF

      Spacious Townhouse in Historic Moorestown

      Well-maintained 3-bedroom townhouse near downtown Moorestown with modern updates.
      635 E Main St, Moorestown, NJ 08057
      View Details
    • $895,000

      Victorian Office Building in Moorestown

      Charming 4,389 SF Victorian office in downtown Moorestown, NJ.
      210 W Main St, Moorestown, NJ 08057
      View Details
    • Contact for pricing
      10,627 SF

      Moorestown Office Building and Residence

      Office building and single-family residence near major transportation routes.
      505 Pleasant Valley Ave, Moorestown, NJ 08057
      View Details
    • Contact for pricing
      0.79 Acres

      Moorestown Office Space For Lease

      Flexible Suites, Prime Location, Negotiable Fit-Out
      302 Washington Ave, Moorestown, NJ 08057
      View Details
    • Contact for pricing

      Victorian Commercial Property in Moorestown

      Victorian-style commercial property in the heart of Moorestown's shopping district.
      210 W Main St, Moorestown, NJ 08057
      View Details

    FAQs

    What type of property is this?
    Office units - 1,010 sq. ft. office suite in Moorestown, NJ
    Where is this office units located?
    The property is located at 212 Route 38 W, Unit 360 Moorestown, NJ.
    What is the asking price?
    The asking price for this property is $177,900.
    What are key features of this property?
    This property features: - Highly visible and accessible location on Route 38 W.; - Functional 1,010 sq. ft. suite suitable for various businesses.; - Features two private offices and a large common area.
    (609) 320-0572
    Request Owner's contact information
    212 Route 38 W, Unit 360 Moorestown, NJ 08057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    212 Route 38 W, Unit 360
    Moorestown, NJ 08057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    212 Route 38 W, Unit 360 Moorestown, NJ 08057
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James Brent Bergman
    Real Estate License ID: 2220233
    (609) 320-0572 (609) 654-8797
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!