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

    122 Nj-70, Medford, NJ 08055

    View on Map
    • Retail properties & Spaces
    • 12,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 122 Nj-70

    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This exceptional new construction retail storefront, totaling 12,500 square feet, presents a rare leasing opportunity in Medford, New Jersey. Located on Route 70, this property boasts prime visibility and easy access within Medford's thriving retail corridor. The building offers both endcap and inline spaces, providing flexibility for various retail businesses. This development is strategically positioned to benefit from a robust market, with a significant population base; 72,050 households are located within a convenient 10-minute drive. The address is 122 NJ-70, Medford, NJ 08055, in Burlington County. This is a new construction project, offering modern amenities and a fresh, appealing space for businesses seeking high visibility and convenient access for customers. The property's location on Route 70 ensures excellent exposure to a high volume of daily traffic. The available space is ideal for businesses looking to establish or expand their presence in a dynamic and growing market. Detailed floor plans and lease terms are available upon request. Don't miss this chance to secure a prominent retail location in a highly desirable area.

    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
    -74.8479
    Latitude
    39.8989

    Comparable in this City

    • Value Estimation by Request
      11,115 SF

      200 Tuckerton Rd

      Individual retail properties
      200 Tuckerton Rd, Medford Lakes, NJ 08055
      View Details
    • Value Estimation by Request
      4,000 SF

      741 Stokes Rd, Unit 749

      RETAIL STORES (PERSONAL SERVICES)
      741 Stokes Rd, Medford, NJ 08055-3002
      View Details
    • Value Estimation
      $570,000
      10,186 SF

      199 Medford Mt Holly Rd

      RETAIL STORES (PERSONAL SERVICES)
      199 Medford Mt Holly Rd, Medford, NJ 08055-2513
      View Details
    • Value Estimation by Request
      8,850 SF

      510 Stokes Rd

      RETAIL STORES (PERSONAL SERVICES)
      510 Stokes Rd, Medford, NJ 08055-9601
      View Details
    • Value Estimation
      $1,240,000
      6,720 SF

      185 Rte 70

      RETAIL STORES (PERSONAL SERVICES)
      185 Rte 70, Medford, NJ 08055-2375
      View Details
    • Value Estimation by Request
      4,173 SF

      719-721 Stokes Rd, Unit 721

      RETAIL STORES (PERSONAL SERVICES)
      719-721 Stokes Rd, Medford, NJ 08055-3002
      View Details

    Similar Nearby for Sale

    • 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
    • $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
    • $995,000
      6,250 SF

      and

      .. all inspections
      638- Stokes, 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

      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

    Similar Nearby for Lease

    • New
      $1,900 /Mo
      5,663 SF

      Historic Village Retail Suite

      Flexible multi-level storefront with separate entries and office areas in a historic commercial setting.
      6 N Main St, Medford, NJ 08055
      View Details
    • $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
    • $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
    • $1,650 /Mo

      Versatile Commercial Space in Medford

      Adaptable commercial property with flexible leasing options in Medford, NJ.
      715 Stokes Rd, Medford, NJ 08055
      View Details
    • Contact for pricing
      1,200 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
    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.
    122 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
    122 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!