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Property profile & analytics
OFF-MARKET Estimated value $1,375,000
Industrial properties

16 Medford Evesboro Rd Medford, NJ 08055-9592

9,432 SF 9.76 ac lot Built 1968
Entity Owned ~ Est. High Equity
Property ID
US59-2080177
Property summary
AI-generated overview

This exceptional 18,651-square-foot industrial property, located at 16 Medford-Evesboro Road in Medford, New Jersey (zip code 08055), presents a compelling investment opportunity. The building, constructed in 1968, features a flexible design suitable for distribution, flex, or warehouse operations. The two-story structure sits on a generous 2.72-acre lot and is zoned BDZ1. High ceilings, reaching 16 feet at their peak, provide ample vertical space for storage or operations. Loading is facilitated by two dock-high doors, complemented by one drive-in door and two tailgates, ensuring efficient goods movement. Its convenient location just off Route 70 offers easy access to major transportation arteries, enhancing logistical efficiency and accessibility for businesses. The property's size and features make it ideal for a variety of industrial uses, offering significant potential for growth and profitability. This well-maintained building presents a rare opportunity to acquire a functional and strategically located industrial space in a thriving New Jersey market. The property's versatility and prime location make it an attractive option for businesses seeking to expand or establish a presence in the area.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1968
Total area 9,432 SF
Lot 9.76 ac (425,146 SF)
Zoning code BDZ1
APN 20 00401-0000-00009- 03
UPID US59-2080177
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
  • J & S Precision Products Co Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$952k
Blend (final) Blend
$1.38M
Owner & transaction history
Heerpasna Realty LLC
Heerpasna Realty LLC
since 2025
Last sale
$1.6M
2 recorded transactions
2025
$1.6M
2020
$3.5M
Zoning & alternative use
BDZ1 · Medford, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.8M +45.4%
Commercial (general) $1.4M +19.8%
Apartment house (5+ units) $1.2M +2.7%
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