Moorestown Office Suite For
212 ROUTE 38 W 360 Moorestown, NJ 08057
For Sale
$177,900
Pending
Office suite for sale in a highly visible Moorestown location.
Property Size1,010 SF
Lot Size0.30 Acres
Days on Market532
Property Features for 212 ROUTE 38 W 360
General Information
Standard status
Pending
Size
1,010 SF
Lot size
0.30 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2007
Listing Agency:
Century 21 Alliance-Medford
(609) 320-0572
Listed By:
Jim Bergman · License #2220233
(609) 320-0572
Source:
Exitrealty
Added: Feb 12, 2025
Changed: Jul 6
Last Checked: Jul 28 at 7:19AM
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 Century 21 Alliance-Medford
Investment Insights
Based on property information with market context.
This 1,010 sq. ft. office suite is available for purchase at 212 Route 38 W in Moorestown, NJ. The suite features two private offices suitable for focused work. A large common area is ideal for secretarial or assistant desks, or a collaborative workspace. The suite also includes a small kitchen area for convenience and a private bathroom. Carpeted floors provide comfort and noise reduction. A private mailbox near the building adds to the professional environment. The property is well-maintained and offers ample parking. The location provides easy access to Route 38. This suite is ideal for professional services, medical offices, or small businesses seeking an efficient and comfortable workspace.
Key Highlights
- Highly visible and accessible location on Route 38 W.
- Functional 1,010 sq. ft. suite suitable for various businesses.
- Two private offices and a large common area.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.6k | $13.44 |
| − Vacancy | −$1.5k | −$1.48 |
| EGI | $12.1k | $11.96 |
| − OpEx | −$3.0k | −$2.99 |
| NOI | $9.1k | $8.97 |
1,010 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$129.4K
$113.3K – $151.0K
NOI $9,061 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,868 @ 7.0% cap · market cap 83.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office suite for sale in a highly visible Moorestown location.
Where is this office units located?
The property is located at 212 ROUTE 38 W 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.; Two private offices and a large common area.
