Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Main St Medford, NJ 08055-2460

    • Commercial real estate
    • 7,806 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimations
    $885,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-0089268
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • FBO Appraisal / Aviation Consultant
    • Dr. Janice Moore / Foster Care Service / Social Service Agency
    • The Naurath Agency LLC / Insurance Agency
    • Square Roots Learning Center / Tutoring Service
    • Patchplus Consulting Inc / Business Management Consultant

    Property Details for 2 Main St

    Year built
    2008
    Lot size
    0.37 lot acres
    Property size
    7,806 SF
    Zone code
    HVC
    Property type
    Commercial real estate
    APN
    20 01602-0000-00020
    APU
    2001602000000020

    Description

    This exceptional 319-square-foot executive office suite is ideally located at 2 N Main St #202 in Medford, New Jersey, 08055. Situated in a single-tenant building constructed in 2011, this space offers a turnkey solution for businesses seeking a professional and efficient workspace. The property boasts a convenient location within Burlington County, easily accessible to major transportation routes. The suite is currently vacant and ready for immediate occupancy. The building sits on a 0.37-acre lot, providing ample space and visibility. The property is classified as both retail and office space, making it versatile for a variety of business types. This executive office suite presents a rare opportunity to establish a presence in a desirable Medford location. The property's APN is 20-01602-00020. The total building square footage is 319 square feet, all of which is currently available for lease. This is a single-tenant occupancy. The property type is listed as Retail and Office. This presents a unique opportunity for a business seeking a high-quality, conveniently located office space in a thriving community. The property's modern design and prime location make it an attractive option for businesses of all sizes.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,105,000
      6.5%
      $1,020,000
      7%
      $945,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $939,000
      Market price range: $785k - $1.60M
      AI Estimate
      $689,000
      Market price range: $462k - $1.27M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,195,000
      Current use
      OFFICE BUILDING
      $1,450,000
      Change: +21% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,025,000
      Change: -14% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $995,000
      Change: -16% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.824
    Latitude
    39.8997
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $23,286
    $136,500
    $580,000
    $716,500
    -
    $136,500
    $580,000
    $716,500

    Comparable in this City

    • Value Estimation
      $805,000
      5,522 SF

      257 Rte 70

      COMMERCIAL (GENERAL) • 5,522 SF
      257 Rte 70, Medford, NJ 08055-9421
      View Details
    • Value Estimation by Request
      637 SF

      18 Main St

      COMMERCIAL (GENERAL) • 637 SF
      18 Main St, Medford, NJ 08055-2414
      View Details
    • Value Estimation
      $600,000
      8,372 SF

      5 Eayrestown Rd

      COMMERCIAL (GENERAL) • 8,372 SF
      5 Eayrestown Rd, Medford, NJ 08055-3940
      View Details
    • Value Estimation
      $1,795,000
      14,198 SF

      186 Rte 70

      COMMERCIAL (GENERAL) • 14,198 SF
      186 Rte 70, Medford, NJ 08055-2382
      View Details
    • Value Estimation by Request
      1,459 SF

      148 Rte 70

      COMMERCIAL (GENERAL) • 1,459 SF
      148 Rte 70, Medford, NJ 08055-2373
      View Details
    • Value Estimation
      $1,075,000
      8,968 SF

      411 Stokes Rd

      COMMERCIAL (GENERAL) • 8,968 SF
      411 Stokes Rd, Medford, NJ 08055-8475
      View Details

    Similar Nearby for Sale

    • $299,000
      9,583 SF

      Medford NJ Commercial Lot

      Prime Medford Location, Redevelopment Zone
      108 Main St, Medford, NJ 08055
      View Details
    • $445,000
      2.00 Acres

      Medford Commercial Land Opportunity

      Prime 2-acre lot, ideal for development.
      328 Stokes Rd, Medford, NJ 08055
      View Details
    • $995,000
      6,250 SF

      and

      .. all inspections
      638- Stokes, Medford, NJ 08055
      View Details
    • Contact for pricing
      0.92 Acres

      Medford Office Suite - Prime Location

      8-Room Office, High Visibility, Excellent Access
      205 Tuckerton Rd, Medford, NJ 08055
      View Details
    • $1,695,000
      10,000 SF

      Medford NJ Storefront - 10,000 SF

      Prime Medford location, 10,000 SF storefront, solar powered.
      708 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

    Similar Nearby for Lease

    • $10 SF/Yr
      16,542 SF

      Gravelly Hollow Industrial Warehouse

      Versatile warehouse space; immediate occupancy.
      612 Gravelly Hollow Rd, Medford, NJ 08055
      View Details
    • $1,450 /Mo
      8,276 SF

      Prestigious Medford Main Street Office

      Rare professional office suite in a prime, visible location.
      35 N Main St Unit 1, 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
    • $250 SF/Yr

      Office Space on Route 70

      Affordable office space in a convenient Medford location.
      194 Route 70, Medford, NJ 08055
      View Details
    • $1,400 /Mo

      Medical Office Space For Rent

      Medical professional office space available in Medford, New Jersey.
      639 Stokes Rd, Medford, NJ 08055
      View Details
    • $1,650 /Mo

      Versatile Commercial Space in Medford

      Adaptable commercial property in Medford, NJ, with flexible leasing options.
      715 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.
    2 Main St
    Medford, NJ 08055-2460
    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

    Google sign-in failed. Please try again or use another login method.