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    612 Gravelly Hollow Rd Medford, NJ 08055

    Sponsored
    For Sale
    $1,650,000

    16,542 SF Flex/Warehouse, Multi-Tenant, High ROI

    Property size:
    16,542 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,542-square-foot industrial property, located at 612 Gravelly Hollow Road in Medford, New Jersey (08055), presents a compelling investment opportunity for owner-users or investors. The property, encompassing a single, one-story building, features a flexible layout ideal for a variety of uses. Currently operating at 80% occupancy with four tenants under a NNN lease structure, this multi-tenant property offers significant income potential. Recent renovations in 2023 included new windows, doors, HVAC systems, and a complete roof replacement. The building boasts ceiling heights ranging from 10 to 15 feet, providing ample vertical space. Loading and access are facilitated by one loading dock and one dock-high door. The property is zoned PI and allows for rent bumps. With a net rentable area of 7,000 square feet and five total units, this property offers a unique blend of income generation and potential for expansion or customization. The asking price is $1,650,000. This is a rare opportunity to acquire a well-maintained, recently renovated industrial property in a desirable New Jersey location. Don't miss out on this chance to secure a strong investment with immediate income potential.

    Property Features for 612 Gravelly Hollow Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    16,542 SF

    Building Details

    Year Renovated
    2023
    Buildings
    1
    Stories
    1
    Units
    5
    Property Profile Location Intelligence

    Current Use by Public Records

    Scientific Plasma, LLC Manufacturer HammerDown PowderCoating & Designs Powder Coating Service

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.827400685792
    Latitude
    39.849422621713

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    FAQs

    What type of property is this?
    Distribution property - 16,542 SF Flex/Warehouse, Multi-Tenant, High ROI
    Where is this distribution property located?
    The property is located at 612 Gravelly Hollow Rd Medford, NJ.
    What is the asking price?
    The asking price for this property is $1,650,000.
    Request Owner's contact information
    612 Gravelly Hollow Rd Medford, NJ 08055
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    Medford, NJ 08055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    612 Gravelly Hollow Rd Medford, NJ 08055
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