Commercial Office Building Investment
For Sale
$2,500,000
334 Stokes Rd, Medford, NJ 08055
7,745 SF commercial office building with stable income.
Property Size7,745 SF
Price / SF$322.79
Days on Market227
Property Features for 334 Stokes Rd
General Information
Standard status
Active
Size
7,745 SF
Building Details
Year Built
2012
Listing Agency:
RE/MAX ONE Realty-Moorestown
Listed By:
Stefani Roach · License #8938810
(609) 670-4082
Source:
Kableteam
Added: Mar 5
Changed: Oct 5
Last Checked: Oct 7 at 1:08PM
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 RE/MAX ONE Realty-Moorestown
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Investment Insights
Based on property information with market context.
This 7,745 SF commercial office building presents an investment opportunity in a high-visibility location within an affluent market. The property features a long-term dental office tenant occupying 4,000 SF and paying $13,000 per month. Two additional units, sized at 1,500 SF and 1,400 SF, offer flexible leasing potential for professional, medical, or service tenants. The property includes approximately 15 parking spaces and excellent frontage. The site is strategically situated in an RC (Resort Commercial) zoning district, benefiting from versatile permitted uses including hospitality, restaurants, retail, and other commercial enterprises. This zoning flexibility enhances long-term value and opens the door for future redevelopment or repositioning opportunities. The building enjoys strong visibility in a thriving market, making this an attractive investment for both income stability and redevelopment potential.
Key Highlights
- Strong income stream from long‑term dental office tenant paying $13,000/month.
- RC (Resort Commercial) zoning allows for versatile uses, offering future redevelopment potential.
- Two additional units (1,500 SF and 1,400 SF) provide flexible leasing options.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,638
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,152,760
$2.2M
Cap Rate 7%
$1,537,686
$1.5M
Cap Rate 9%
$1,195,978
$1.2M
Market Conditions
NOI Build-Up for 7,745 SF
Gross rent
$193.3K $24.96/SF
− Vacancy
−$13.9K −$1.80/SF
EGI
$179.4K $23.16/SF
− OpEx
−$71.8K −$9.27/SF
NOI
$107.6K $13.90/SF
Area
Burlington County, NJ
Vacancy
7.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,152,760
Cap Rate 7%
$1,537,686
Cap Rate 9%
$1,195,978
Alternative Uses
Best Use
Healthcare Medical
$1.54M
$1.35M – $1.79M
NOI $107,638 @ 7.0% cap · market cap 4.31%
Second Best
Office B
$992.6K
$868.5K – $1.16M
NOI $69,482 @ 7.0% cap · market cap 2.78%
Theoretical Best
Warehouse
$16.20M
$14.17M – $18.90M
NOI $1,133,896 @ 7.0% cap · market cap 45.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 7,745 SF commercial office building with stable income.
Where is this office building located?
The property is located at 334 Stokes Rd Medford, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Strong income stream from long‑term dental office tenant paying $13,000/month.; RC (Resort Commercial) zoning allows for versatile uses, offering future redevelopment potential.; Two additional units (1,500 SF and 1,400 SF) provide flexible leasing options.
