Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    99 Taunton Rd Medford, NJ 08055

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $999,999

    Versatile office space in a visible location with income potential.

    Lot size:
    0.74 Acres

    Property Features for 99 Taunton Rd

    General Information

    Standard status
    Active
    Lot size
    0.74 Acres

    Building Details

    Year built
    1941

    We can help!

    Listing Contact
    James Brent Bergman
    Source: Corcoran

    Listing Agency: CENTURY 21 ALLIANCE-MEDFORD Listing Agent: James Brent Bergman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Two-Story Office Building in Medford

    This two-story office building offers approximately 6,150 square feet of professional space in Medford. The property features seven private offices of varying sizes, suitable for professional, medical, or service-based users. A separate upstairs side entrance allows flexible access for multiple tenants or owner-occupancy. The building is income-generating with established tenants, providing cash flow and an investment opportunity. On-site parking is available for staff and visitors. The location provides access to major routes and Medford’s town center, positioning it for long-term occupancy. It is located in a desirable professional corridor.
    Location Intelligence

    Current Use by Public Records

    O’Keefe Chiropractic Center Alternative Medicine Practice O’Keefe Chiropractic Center: ... Alternative Medicine Practice Accutrition Nutritional Consultants (Bike/Boat/Book/etc) Store Michael O Keefe Alternative Medicine Practice All Family Dental Dental Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Auto Repair Shop Nail Salon Gym & Fitness Center Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8439267
    Latitude
    39.8706425

    Nearby Similar for Sale

    • $400,000
      0.52 Acres

      Medford Office Building For Sale

      Three-story office building in Medford's commercial zone.
      414 Stokes Rd, Medford, NJ 08055
      View Details
    • $999,999
      6,150 SF

      Medford Office Building For Sale

      Two-story office building in Medford with income-generating tenants.
      99 Taunton Rd, Medford, NJ 08055
      View Details
    • $180,000
      Pending

      Medford Office Space For Sale

      Commercial office space in the heart of Medford, totaling 1,815 square feet.
      30 Jackson Rd, Medford, NJ 08055
      View Details
    • Contact for pricing
      Pending

      Office Space at Tuckerton & Jackson

      Office/Professional/Medical space for lease at corner location.
      135 Jackson Rd, Medford, NJ 08055
      View Details
    • Contact for pricing
      3,500 SF

      Historic Medford Village Commercial Building

      Historic 3,500 SF building in Medford Village, ideal for office.
      69 N Main St, Medford, NJ 08055
      View Details
    • $1,695,000
      0.77 Acres

      Medford Office Building For Sale

      Free-standing professional office building on Route 541 in Medford, NJ.
      708 Stokes Rd, Medford, NJ 08055
      View Details
    • $425,000
      0.86 Acres

      Versatile Commercial Property in Medford

      Single-story commercial property with high visibility and expansion potential.
      332 Stokes Rd, Medford, NJ 08055
      View Details
    • $995,000
      0.94 Acres

      Medford Commercial Property on Stokes Road

      Two properties on 0.94 acres in a high-traffic Medford location.
      638--640 Stokes Rd, Medford, NJ 08055
      View Details
    • $400,000

      Medford Office/Retail/Medical Building For Sale

      3,600 SF Medford building suitable for office, retail, or medical use.
      414 Stokes Rd, Medford, NJ 08055
      View Details
    • $180,000

      Medford Commercial Property for Sale

      Centrally located, renovated office space in Medford's Olde Towne Square.
      105 Atsion Rd, Medford, NJ 08055
      View Details
    • $1,200,000

      Two-Story Office Building in Medford

      Versatile office space in a visible location with income potential.
      99 Taunton Rd, Medford, NJ 08055
      View Details
    • Contact for pricing
      49,857 SF

      Industrial Flex Park Investment Opportunity

      Multi-tenant industrial/flex park for sale, 94% occupied.
      Miller Rd, Medford, NJ 08055
      View Details

    FAQs

    What type of property is this?
    Office building - Versatile office space in a visible location with income potential.
    Where is this office building located?
    The property is located at 99 Taunton Rd Medford, NJ.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Income-generating property with established tenants providing steady cash flow.; - Approximately **6,150 square feet of versatile professional space.**; - Highly visible Medford location with convenient access to major routes and town center.
    (609) 320-0572
    Request Owner's contact information
    99 Taunton 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.
    99 Taunton 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
    99 Taunton 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
    James Brent Bergman
    Real Estate License ID: 2220233
    (609) 320-0572 (609) 654-8797
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!