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    101 Taunton Rd Medford, NJ 08055

    Sponsored
    For Sale
    $750,000

    9,000 SF Vacant Retail Building, Medford, NJ

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 101 Taunton Rd in Medford, New Jersey, presents a compelling investment opportunity. The 9,000 square foot building, featuring approximately 5,600 square feet on the ground floor, boasts a highly visible location with dual road access from Taunton and Tuckerton Roads. Its strategic position provides convenient access to surrounding neighborhoods including Medford, Marlton, Evesham Township, Medford Lakes, Shamong, and Tabernacle. The property is zoned CC-Community Commercial and is also situated within Medford Township's Redevelopment Zone. The building sits on a 0.64-acre lot and is currently vacant, with an occupancy date of February 29, 2024. The asking price is $750,000, translating to $83.33 per square foot. 2023 real estate taxes totaled $16,590. This versatile space is suitable for a variety of retail uses, including convenience stores, quick-service restaurants, and storefronts, making it an ideal investment for discerning buyers seeking high visibility and convenient access to a thriving community. The property offers significant potential for growth and return on investment.

    Property Features for 101 Taunton Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,000 SF
    Lot Size
    27,878 SF

    Building Details

    Units
    1

    HighLights

    • $750,000 asking price for this vacant retail property.
    • 9,000 square foot building on a 0.64‑acre lot in Medford, NJ.
    • Located at 101 Taunton Rd, with dual road access and high visibility.
    • Zoned CC‑Community Commercial, also in Medford Township Redevelopment Zone.
    • 2023 Real Estate Taxes: $16,590.
    • 4% commission to broker.
    Property Profile Location Intelligence

    Current Use by Public Records

    UPS Drop Box Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Auto Repair Shop Clothing Store Nail Salon 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
    -74.844192996551
    Latitude
    39.870349285357

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    FAQs

    What type of property is this?
    Individual retail property - 9,000 SF Vacant Retail Building, Medford, NJ
    Where is this individual retail property located?
    The property is located at 101 Taunton Rd Medford, NJ.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for this vacant retail property.; 9,000 square foot building on a 0.64-acre lot in Medford, NJ.; Located at 101 Taunton Rd, with dual road access and high visibility.
    Request Owner's contact information
    101 Taunton 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
    101 Taunton Rd Medford, NJ 08055
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