353 Nj-70 Medford, NJ 08055
- Day care centers
- 1,356 SF
- 0.69 lot acres
Current Use by Public Records
- Day care centers
Property Details for 353 Nj-70
- Year built
- 1960
- Lot size
- 0.69 lot acres
- Property size
- 1,356 SF
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
This 1,356 sq ft commercial property, located at 353 Route 70 in Medford, NJ (08055), is offered at $294,500 with an 11.54% cap rate and a strong NOI of $34,000. Currently operating as a dental office with four chairs, the property boasts high visibility and traffic volume (25,000-45,000 vehicles daily) due to its prime location on Route 70 at a lighted intersection. The building, constructed in 1960, features a reception area, administration offices, a restroom, and a large open dental area, easily adaptable to various medical or office uses. The 0.69-acre lot includes 8 parking spaces and a shed. Recent upgrades include HVAC, ductwork, furnishings, and a security system
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.7885
- Latitude
- 39.8988