Office Unit with
For Sale
$177,900
Pending
212 ROUTE 38 W 360, Moorestown, NJ 08057
Office unit with central air, forced-air heating, and access to a dedicated parking lot.
Property Size1,010 SF
Days on Market456
Property Features for 212 ROUTE 38 W 360
General Information
Standard status
Pending
Size
1,010 SF
Total Parking Spaces
100
Zoning
COMME
Taxes and HOA fees
Annual Taxes
$4,800
Amenities
Central Air, Electric
Natural Gas, Forced Air
Gas Water Heater
Parking Lot
Building Details
Building Size
1,010 SF
Year Built
2007
Listing Agency:
Century 21 Alliance-Medford
Listed By:
Jim Bergman · License #2220233
(609) 320-0572
Source:
Evrealestate
Added: Jul 21, 2025
Changed: Oct 16
Last Checked: Oct 16 at 8:12AM
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.
Office Unit 360 is located within the Strawbridge Professional Center at 212 Route 38 W in Moorestown, New Jersey. The property includes central air, electric service, natural gas, forced-air heating, and a gas water heater. A parking lot serves the office property, and the site is identified with COMME zoning. Built in 2007, the unit is accessed from Route 38 W by turning into the professional center and taking the first right.
Key Highlights
- Office Unit 360 at 212 Route 38 W, Moorestown, NJ 08057
- Built in 2007
- COMME zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,061
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,220
$181.2K
Cap Rate 7%
$129,443
$129.4K
Cap Rate 9%
$100,678
$100.7K
Market Conditions
NOI Build-Up for 1,010 SF
Gross rent
$13.6K $13.44/SF
− Vacancy
−$1.5K −$1.48/SF
EGI
$12.1K $11.96/SF
− OpEx
−$3.0K −$2.99/SF
NOI
$9.1K $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%
$181,220
Cap Rate 7%
$129,443
Cap Rate 9%
$100,678
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
889
Businesses Nearby
Explore this area
Business Placement
Demographics for 08057, NJ
21,691
Population
8,382
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
15.3 sq mi
ZIP Area
1,418
Density / Sq Mi
$152,290
Median Household Income
$72,500
Median Earnings
$1,485
Median Rent
$626,400
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 units - Office unit with central air, forced-air heating, and access to a dedicated parking lot.
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: Office Unit 360 at 212 Route 38 W, Moorestown, NJ 08057; Built in 2007; COMME zoning designation
