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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Commercial real estate
128 Rte 70 Medford, NJ 08055-2371
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-2048159
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Total area
12,364 SF
Lot
11.16 ac (486,243 SF)
Zoning code
BDZ1
APN
20 00902-0000-00001- 01
UPID
US59-2048159
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kimberly Ni, MD Pediatrician Physician
-
Dr. Harry South MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.57M
Owner & transaction history
Medford Cpg LLC · 2 yrs held
Medford Cpg LLC
since 2023
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
BDZ1 · Medford, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.3M
+21.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Medford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,575,000
ML approach
$1,495,000
CAP Approach
CAP Return
Estimation
6%
$1,750,000
6.5%
$1,615,000
7%
$1,500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,890,000
Current use
OFFICE BUILDING
$2,295,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,620,000
Change: -14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,580,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.35M (Aug 30 2023)
Last sale anchor
$1.35M
Aug 30 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$127 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$222,736
Tax year 2022
Assessed value
$6,853,400
Assessed 2023
Previous assessed
$6,853,400
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$2,732,600
Assessed improvement
$4,120,800
Land market value
$2,732,600
Improvement market value
$4,120,800
Total market value
$6,853,400
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Heating
NONE
Total area
12,364 SF
Lot
11.16 ac (486,243 SF)
Zoning code
BDZ1
APN
20 00902-0000-00001- 01
UPID
US59-2048159
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
BDZ1 · Medford, NJZoning BDZ1 · permitted uses
BDZ1 · Medford, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
11.16 ac
Current owner
From public records · entity-resolved
Medford Cpg LLC
Entity
Mailing address
63 W MAIN ST STE B, FREEHOLD, NJ 07728-2141
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2023
$1,352,347
Medford Cpg LLC
Jemmp LLC
Deed
—
Jan 3, 2018
—
Makcpg LLC
—
Deed
related
$5,000,000 · Valley Nat'l Bk
May 8, 2017
$983,355
Makcpg LLC
Henry Bloom LLC
Grant Deed
—
May 8, 2017
$515,091
Picz LLC
Henry Bloom LLC
Grant Deed
—
—
—
Medford Investors Assocs LLC
—
Deed Of Trust
related
$2,750,000 · Valley Nat'l Bk
—
—
Medford Investors Assocs LLC
—
Deed Of Trust
related
$1,000,000 · Valley Nat'l Bk
—
—
Makcpg LLC
—
Loan Modification
related
$5,000,000 · Valley Nat'l Bk
—
—
Medford Investor Assocs LLC
—
Deed Of Trust
related
$3,500,000 · Independence Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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