Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    175 Nj-70 Medford, NJ 08055
    Property profile & analytics

    175 Nj-70, Medford, NJ 08055

    View on Map
    • Lifestyle centers
    • 8,490 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 175 Nj-70

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity presents 8,490 square feet of completely vacant space at 175 Route 70 in Medford, New Jersey, within Burlington County. The property is a multi-tenant shopping center offering flexible lease options. Individual units range from a minimum of 1,600 square feet to a maximum contiguous space of 3,600 square feet, providing versatility for a variety of retail businesses. The entire 8,490 square foot building is currently available for lease, presenting a unique chance for a single tenant to occupy the entire center or for multiple tenants to establish themselves in this high-traffic location. The address is conveniently situated at 175 NJ-70, Medford, NJ 08055, offering excellent visibility and accessibility for customers. This prime retail space is ready for immediate occupancy, allowing businesses to quickly establish their presence and capitalize on the strong commercial activity in the area. The property's location within Burlington County ensures a robust customer base and convenient access to major transportation routes. This is an ideal opportunity for businesses seeking high-visibility retail space in a thriving New Jersey market. Contact us today to learn more about leasing options and to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8328
    Latitude
    39.9031

    Comparable in this City

    • Value Estimation by Request

      200 Tuckerton Rd

      Neighborhood centers
      200 Tuckerton Rd, Medford, NJ 08055
      View Details
    • Value Estimation by Request
      6,250 SF

      638-640 Stokes Rd

      Retail properties & Spaces
      638-640 Stokes Rd, Medford, NJ 08055
      View Details
    • Value Estimation by Request
      6,250 SF

      638- Stokes

      Retail properties & Spaces
      638- Stokes, Medford, NJ 08055
      View Details
    • Value Estimation by Request
      1,356 SF

      353 Nj-70

      Day care centers
      353 Nj-70, Medford, NJ 08055
      View Details
    • Value Estimation by Request
      4,147 SF

      7 Taunton Lk Rd

      Automotive properties
      7 Taunton Lk Rd, Medford, NJ 08055
      View Details
    • Value Estimation by Request
      11,115 SF

      200 Tuckerton Rd

      Individual retail properties
      200 Tuckerton Rd, Medford Lakes, NJ 08055
      View Details

    Similar Nearby for Sale

    • $995,000
      6,250 SF

      and

      .. all inspections
      638- Stokes, Medford, NJ 08055
      View Details
    • $1,495,000
      5,865 SF

      Medford Retail Center Investment

      1.33-acre retail strip, 4 tenants
      238 Taunton Blvd, Medford, NJ 08055
      View Details
    • Contact for pricing
      9,000 SF

      Medford Retail Property For Sale

      9,000 SF retail property in Medford, New Jersey.
      101 Taunton Rd, Medford, NJ 08055
      View Details
    • $1,695,000
      10,000 SF

      Medford Retail Space - $1.7M

      10,000 SF Flex Building, High Visibility
      708 Stokes Rd, Medford, NJ 08055
      View Details
    • Contact for pricing

      Prime Commercial Site on Stokes

      Two properties on 0.94 acres in a strategic location.
      638- Stokes Rd, Medford, NJ 08055
      View Details
    • Contact for pricing

      Commercial Property on Route 70

      Commercial property with high visibility and traffic count on Route 70.
      353 Route 70, Medford, NJ 08055
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo

      Prime Location Commercial Building

      Centrally located building with ample parking and high traffic.
      9 Tomlinson Mill Rd, Medford, NJ 08055
      View Details
    • $6,000 /Mo

      Medford Flex Building for Lease

      Adaptable flex building suitable for various commercial and mixed uses.
      708 Stokes Rd #B, Medford, NJ 08055
      View Details
    • $2,000 /Mo

      Adaptable Commercial Space For Rent

      Versatile space ideal for retail, restaurant, or office use.
      560 Stokes Rd, Medford, NJ 08055
      View Details
    • $1,995 /Mo

      Prime Retail or Office Space

      High-visibility Medford location suitable for retail or office use.
      417 Stokes Rd, Medford, NJ 08055
      View Details
    • $2,000 /Mo

      Medford Village Commercial Space

      Commercial space in Medford Village with flexibility and character.
      6 N Main St #Rear, Medford, NJ 08055
      View Details
    Request Owner's contact information
    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.
    175 Nj-70
    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
    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

    Thank You for Inquiry
    175 Nj-70, Medford, NJ, 08055
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!