Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    414 Stokes Rd Medford, NJ 08055

    Sponsored
    For Lease
    $5,600 /Mo ($2 SF/Yr)

    CommercialLease - MEDFORD, NJ

    Type:Office
    Property size:
    3,600 SF
    Lot size:
    0.52 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 23 at 1:06 pm

    Property Features for 414 Stokes Rd

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Parking
    18
    Parking features
    Parking Lot
    Size
    3,600 SF
    Lot size
    0.52 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Building materials
    Asphalt, Block

    We can help!

    Listing Contact
    Michael J Alessi

    Keller Williams Realty - Medford (609) 654-5656

    Listing agent Michael J Alessi (609) 654-1500 License #8536340

    Listing date Jan 13, 2026

    MLS# NJBL2103034

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Medford Office/Retail/Medical Building For Lease

    This 3-story building offers approximately 3,600 square feet of office, retail, or medical space in the heart of Medford. Situated on Stokes Road, Medford's main artery, the property benefits from outstanding visibility and high traffic. The building is located in the Community Commercial zoning district, which allows for a wide range of professional office, medical, retail, and specialty uses. The property is suitable for single users or multiple tenants. It is ideal for accountants, attorneys, doctors, engineers, real estate offices, counseling services, or other growing businesses. The building has a brand new roof and has been professionally painted. The property includes rear off-street parking. The location offers close proximity to Route 70 and Route 206, the New Jersey Turnpike, Philadelphia, Atlantic City, and shore points. The lot size is 0.52 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nilda M Keene ... Psychiatrist Urany Health Cares ... Home Health Care Service SAH Builders General Contractor SOUTH JERSEY HOME ... Home Health Care Service Urany Health Cares Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8171
    Latitude
    39.87687

    Nearby Similar for Lease

    • $6,000 /Mo
      33,541 SF

      Medford Flex Building for Lease

      Adaptable flex building in Medford, NJ, suitable for various commercial uses.
      708 Stokes Rd, Medford, NJ 08055
      View Details
    • $1,450 /Mo
      8,276 SF

      Prestigious Medford Main Street Office

      Rare professional office suite in a prime, visible location.
      35 N Main St Unit 1, Medford, NJ 08055
      View Details
    • $2,430 /Mo
      37,462 SF

      Medford Commercial Space For Lease

      Commercial space with high visibility, suitable for medical or professional services.
      332 Stokes Rd, Medford, NJ 08055
      View Details
    • $2,150 /Mo

      Medical/Professional Suite in Medford, NJ

      1,400 SF medical/professional suite available for lease in Medford.
      334 Stokes Rd, Medford, NJ 08055
      View Details
    • $1,875 /Mo
      87,120 SF

      Medford Office Space For Lease

      Professional/medical office space in Medford, NJ with existing build-out.
      334 Stokes Rd, Medford, NJ 08055
      View Details
    • $1,000 /Mo
      32,234 SF

      Office Suite in Cedarbrook Building

      Second-floor office suite in Medford, NJ, utilities included.
      99 Taunton Rd, Medford, NJ 08055
      View Details
    • $250 SF/Yr

      Office Space on Route 70

      Affordable office space in a convenient Medford location.
      194 Route 70, Medford, NJ 08055
      View Details
    • $2,100 /Mo
      209,088 SF

      Professional Office Suite in Medford

      Exquisite office suite for lease in Medford, New Jersey.
      133 Jackson Rd, Medford, NJ 08055
      View Details
    • $1,450 /Mo

      Prestigious Medford Main Street Office Suite

      Prestigious first-floor office suite in historic Medford, NJ.
      35 N Main St #1, Medford, NJ 08055
      View Details
    • Contact for pricing
      1,789 SF

      Renovated Medical/Professional Office Spaces

      Renovated office spaces for lease in Medford, New Jersey.
      103 Old Marlton Pike, Medford, NJ 08055
      View Details
    • Contact for pricing
      4,800 SF

      Medford Retail/Office/Restaurant Spaces Available

      Multiple spaces for lease ideal for retail, medical, and office.
      413 Stokes Rd, Medford, NJ 08055
      View Details
    • $14 SF/Yr
      25,601 SF

      Taunton Forge Medical Office Space

      Medford, NJ medical office suites available.
      200 Tuckerton Rd, Medford, NJ 08055
      View Details

    FAQs

    What type of property is this?
    Office building - Free-standing building in Medford, suitable for office, retail, or medical use.
    Where is this office building located?
    The property is located at 414 Stokes Rd Medford, NJ.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on heavily traveled Stokes Road in Medford, offering outstanding visibility.; - Versatile 3,600 SF, 3-story building suitable for office, retail, or medical use.; - New roof and professionally painted, making it a turn-key property.
    (609) 654-1500
    Request Owner's contact information
    414 Stokes Rd Medford, NJ 08055
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    414 Stokes Rd
    Medford, NJ 08055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    414 Stokes Rd Medford, NJ 08055
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael J Alessi
    Real Estate License ID: 8536340
    (609) 654-1500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.