Property profile

205 Tuckerton Rd Medford, NJ 08055

FOR SALE
Office buildings
Property ID
US59-1419110
6,647 SF 0.92 ac lot Built 1975
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,100 square foot executive office suite is located at 205 Tuckerton Road, Suite 202, Medford, NJ 08055. Situated on a 0.92-acre lot, this second-floor unit boasts excellent visibility from both Tuckerton Road and Taunton Boulevard, with proximity to major roadways including Routes 70, 73, and easy access to the NJ Turnpike (Exit 4), Interstate 295, and the AC Expressway. The building, constructed in 1985, is a two-story structure with a total of 1,250 square feet and 35 parking spaces. This single-tenant space features an 8-foot ceiling height and is currently configured into eight individual rooms, though tenant fit-up is their responsibility. The suite benefits from its own HVAC system, providing independent climate control and cost management. Its convenient location offers proximity to numerous amenities, including the Taunton Forge Shopping Center, featuring Illiano's Italian Restaurant and other retail establishments, a nearby Wawa, and easy access to major highways and bridges. Furthermore, the property is minutes away from high-end medical facilities like Penn and Jefferson institutions, as well as prominent shopping centers such as Centerton Square (Wegmans, Costco), the Promenade Shopping Center, Cherry Hill and Moorestown Malls, and Center City Philadelphia. The property is zoned COM. The APN is 20-02702 01-00012 02. This prime location and versatile space present a unique opportunity for a variety of businesses.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction FRAME
Total area 6,647 SF
Lot 0.92 ac (40,075 SF)
Zoning code RC
APN 20 02702- 01-00012- 02
UPID US59-1419110

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Real Estate Agency
  • (Bike/Boat/Book/etc) Store Printing Service
  • Nightclub Music Venue
  • Medical Clinic

Location

205 Tuckerton Rd Medford, NJ 08055
Medford metro Census 703803 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$980k
Comparable Approach Comparable
$846k
Blend (final) Blend
$425k

Owner & transaction history

Zoning & alternative use

RC · Medford, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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