Showroom Property with Road
For Sale
$975,000
170 ROUTE 70, Medford, NJ 08055
Flexible commercial layout with on-site parking supports retail, office, medical, and service-based uses.
Property Size4,200 SF
Price / SF$232.14
Days on Market73
Property Features for 170 ROUTE 70
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
on-site parking
road frontage
Building Details
Year Built
1977
Listing Agency:
EXP Realty, LLC
(866) 201-6210
Listed By:
Sharif Hatab · License #788982
(609) 757-9883
Source:
Cummingsrealtors
Added: Jul 7
Changed: Sep 17
Last Checked: Sep 16 at 4:59PM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This showroom property at 170 Route 70 offers a flexible commercial layout for retail, office, medical, and service-based businesses. The property was built in 1977 and provides on-site parking along with prominent road frontage for customer and employee convenience.
Located in Medford, New Jersey, the property is positioned along Route 70 near shopping centers, restaurants, established residential neighborhoods, and major highways. Its location supports a range of commercial or professional uses, including owner-occupancy, as described in the property information.
Located in Medford, New Jersey, the property is positioned along Route 70 near shopping centers, restaurants, established residential neighborhoods, and major highways. Its location supports a range of commercial or professional uses, including owner-occupancy, as described in the property information.
Key Highlights
- Showroom property at 170 Route 70, Medford, NJ 08055
- Flexible layout for retail, office, medical, and service‑based uses
- On‑site parking for customers and employees
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
$62,807
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
6.44%
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%
$1,256,140
$1.3M
Cap Rate 7%
$897,243
$897.2K
Cap Rate 9%
$697,856
$697.9K
Market Conditions
NOI Build-Up for 4,200 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
$94.2K $22.44/SF
− Vacancy
−$4.5K −$1.08/SF
EGI
$89.7K $21.36/SF
− OpEx
−$26.9K −$6.41/SF
NOI
$62.8K $14.95/SF
Area
Burlington County, NJ
Vacancy
4.80%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
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%
$1,256,140
Cap Rate 7%
$897,243
Cap Rate 9%
$697,856
Alternative Uses
Best Use
Retail
$897.2K
$785.1K – $1.05M
NOI $62,807 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.78M
$7.69M – $10.25M
NOI $614,895 @ 7.0% cap · market cap 63.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Dining 27%
Shops & Services 25%
Beauty & Spa 3%
ACME Markets
Groceries
21,409 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,141 visits/mo
0.2 miles
Sunoco
Shops & Services
6,051 visits/mo
0.5 miles
Burger King
Dining
4,624 visits/mo
0.2 miles
Wells Fargo
Shops & Services
3,540 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Showroom - Flexible commercial layout with on-site parking supports retail, office, medical, and service-based uses.
Where is this showroom located?
The property is located at 170 ROUTE 70 Medford, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Showroom property at 170 Route 70, Medford, NJ 08055; Flexible layout for retail, office, medical, and service‑based uses; On‑site parking for customers and employees
