Wooded Office
For Sale
$749,000
172 TUCKERTON ROAD, Medford, NJ 08055
Commercially zoned office property with dedicated parking, monument signage, and a wooded setting for business operations.
Property Size4,158 SF
Lot Size1.80 Acres
Price / SF$182.68
Days on Market52
Property Features for 172 TUCKERTON ROAD
General Information
Standard status
Active
Size
4,158 SF
Total Parking Spaces
20
Lot size
1.80 Acres
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$16,342
Building Details
Building Size
4,158 SF
Year Built
1965
Listing Agency:
Century 21 Alliance-Medford
Listed By:
James Brent Bergman · License #2220233
(609) 320-0572
Source:
Patmckennarealtors
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 28 at 3:53PM
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
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Investment Insights
Based on property information with market context.
This office property includes approximately 4,100 SF of commercial space on a two-lot site totaling approximately 1.80 acres. Constructed in 1965, the building is supported by approximately 20 on-site parking spaces, signage, and established wooded grounds. The configuration provides both building area and land within a single property, rather than a condominium or leased-space format.
Located at 172 Tuckerton Road in Medford, NJ, the property offers an owner-user setting with potential for investment use through leasing or repositioning. Commercial zoning may support a range of business applications, subject to permitted uses and required Medford Township approvals. Zoning, utilities, lot configuration, and any expansion or redevelopment potential should be independently verified with the township.
Located at 172 Tuckerton Road in Medford, NJ, the property offers an owner-user setting with potential for investment use through leasing or repositioning. Commercial zoning may support a range of business applications, subject to permitted uses and required Medford Township approvals. Zoning, utilities, lot configuration, and any expansion or redevelopment potential should be independently verified with the township.
Key Highlights
- Approximately 4,100 SF of commercial office space
- Two lots totaling approximately 1.80 acres
- Approximately 20 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,782
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,640
$735.6K
Cap Rate 7%
$525,457
$525.5K
Cap Rate 9%
$408,689
$408.7K
Market Conditions
NOI Build-Up for 4,100 SF
Gross rent
$55.1K $13.44/SF
− Vacancy
−$6.1K −$1.48/SF
EGI
$49.0K $11.96/SF
− OpEx
−$12.3K −$2.99/SF
NOI
$36.8K $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%
$735,640
Cap Rate 7%
$525,457
Cap Rate 9%
$408,689
Alternative Uses
Best Use
Office B
$525.5K
$459.8K – $613.0K
NOI $36,782 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.58M
$7.50M – $10.00M
NOI $600,255 @ 7.0% cap · market cap 80.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Commercially zoned office property with dedicated parking, monument signage, and a wooded setting for business operations.
Where is this office building located?
The property is located at 172 TUCKERTON ROAD Medford, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Approximately 4,100 SF of commercial office space; Two lots totaling approximately 1.80 acres; Approximately 20 on‑site parking spaces
