Four-Unit Medical Office
For Sale
$1,995,000
475 Marlton Pike W, Marlton, NJ 08110
The property contains multiple professional suites suited to medical or dental occupancy.
Property Size7,494 SF
Price / SF$266.21
Days on Market40
Property Features for 475 Marlton Pike W
General Information
Standard status
Active
Size
7,494 SF
Additional Details
Road Access
Yes
Office Units
4
Property Use
Medical/Dental
Medical Specialty
dental
Taxes and HOA fees
Annual Taxes
$27,534
Listing Agency:
Compass New Jersey, LLC - Moorestown
(856) 214-2639
Listed By:
Christina Marie Labetti · License #0232125
(856) 816-2004
Source:
Exprealty
Added: Sep 26
Changed: Nov 2
Last Checked: Nov 3 at 11:36AM
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 Compass New Jersey, LLC - Moorestown
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Investment Insights
Based on property information with market context.
This medical office property comprises four units totaling 7,494 square feet, with a professional building configuration suited to medical and dental businesses.
The site is along Route 70 East and Old Marlton Pike W in Marlton, New Jersey. Wawa and TD Bank are located at the Route 70 parking lot entrance, and the property sits within a commercial and residential area.
The site is along Route 70 East and Old Marlton Pike W in Marlton, New Jersey. Wawa and TD Bank are located at the Route 70 parking lot entrance, and the property sits within a commercial and residential area.
Key Highlights
- Four units totaling 7,494 square feet
- Medical and dental professional building
- Along Route 70 East and Old Marlton Pike W in Marlton, NJ
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,159
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,103,180
$2.1M
Cap Rate 7%
$1,502,271
$1.5M
Cap Rate 9%
$1,168,433
$1.2M
Market Conditions
NOI Build-Up for 7,494 SF
Gross rent
$164.6K $21.96/SF
− Vacancy
−$24.4K −$3.25/SF
EGI
$140.2K $18.71/SF
− OpEx
−$35.1K −$4.68/SF
NOI
$105.2K $14.03/SF
Area
Camden County, NJ
Vacancy
14.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,103,180
Cap Rate 7%
$1,502,271
Cap Rate 9%
$1,168,433
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $105,159 @ 7.0% cap · market cap 5.27%
Second Best
Healthcare Medical
$1.31M
$1.15M – $1.53M
NOI $91,942 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,010 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08110, NJ
19,599
Population
6,738
Households
2.9
Avg Household Size
37
Median Age
20%
College-Educated
77%
High-School Grad
6.5 sq mi
ZIP Area
3,015
Density / Sq Mi
$81,307
Median Household Income
$40,804
Median Earnings
$1,192
Median Rent
$194,400
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?
Medical Office Space - The property contains multiple professional suites suited to medical or dental occupancy.
Where is this medical office space located?
The property is located at 475 Marlton Pike W Marlton, NJ.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Four units totaling 7,494 square feet; Medical and dental professional building; Along Route 70 East and Old Marlton Pike W in Marlton, NJ
