Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    220 Route 70 Medford, NJ 08055
    Back to Search

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    220 Route 70 Medford, NJ 08055

    View on Map
    • Industrial properties
    • 17.00 lot acres
    For Lease
    $6,335,000
    View Listing →
    Industrial Warehouse with Large Lot For Lease
    $6,335,000
    37,533 SF

    Industrial Warehouse with Large Lot

    37,533 SF warehouse with office and storage.

    220 Route 70, Medford, NJ 8055
    View Listing
    Property ID
    US59-0152490
    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.
    Value Estimations
    $6,335,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 220 Route 70

    Year built
    1970
    Lot size
    17.00 lot acres
    Zone code
    HC-1
    Property type
    Industrial properties
    APN
    20 04103-0000-00007- 01
    APU
    200410300000000701

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,465,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.8171
    Latitude
    39.9036
    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
    $94,250
    $0.00
    $0.00
    $2,835,200
    -
    $2,193,800
    $706,200
    $2,900,000

    Comparable in this City

    • Value Estimation by Request
      21,826 SF

      310 Evesboro - Medford Rd

      Distribution properties • 21,826 SF
      310 Evesboro - Medford Rd, Medford, NJ 08055
      View Details
    • Value Estimation by Request
      12,635 SF

      310 Miller Rd

      Manufacturing properties • 12,635 SF
      310 Miller Rd, Medford, NJ 08055
      View Details
    • Value Estimation
      $1,375,000
      9,432 SF

      16 Medford Evesboro Rd

      INDUSTRIAL (GENERAL) • 9,432 SF
      16 Medford Evesboro Rd, Medford, NJ 08055-9592
      View Details
    • Value Estimation
      $2,000,000
      5,520 SF

      6 Tidswell Ave

      INDUSTRIAL (GENERAL) • 5,520 SF
      6 Tidswell Ave, Medford, NJ 08055-2708
      View Details
    • Value Estimation by Request
      3.96 Acres

      230 Rte 70

      INDUSTRIAL (GENERAL) • 3.96 Acres
      230 Rte 70, Medford, NJ 08055-9522
      View Details
    • Value Estimation
      $1,120,000
      2.47 Acres

      2 Broad St

      INDUSTRIAL (GENERAL) • 2.47 Acres
      2 Broad St, Medford, NJ 08055-2704
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Medford Flex Building For Sale

      Independently free standing 10,000 SF flex building on 0.75 acres.
      708 Stokes Rd, Medford, NJ 08055
      View Details
    • Contact for pricing

      Industrial Flex Park Investment Opportunity

      Multi-tenant industrial/flex park for sale, 94% occupied.
      Miller Rd, Medford, NJ 08055
      View Details
    • $1,695,000

      Medford Flex Building Opportunity

      Freestanding professional office building on 0.75 acres in Medford.
      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
    • $995,000
      6,250 SF

      and

      .. all inspections
      638- Stokes, Medford, NJ 08055
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medford Industrial Space Available

      Industrial space available in Medford, New Jersey, ranging from 1,000-16,542 SqFt.
      612 Gravelly Hollow Rd, 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
    • Contact for pricing
      12,641 SF

      Industrial Unit Near Major Routes

      3,175 SF industrial unit with easy highway access.
      310-370 Miller Rd, Medford, NJ 08055
      View Details
    • Contact for pricing

      Industrial Warehouse with Large Lot

      37,533 SF warehouse with office and storage.
      220 Route 70, Medford, NJ 08055
      View Details
    • $6,000 /Mo

      Historic Medford Village Commercial Building

      Historic 3,500 SF building in Medford Village for lease.
      69 N Main St, Medford, NJ 08055
      View Details
    • $1,995 /Mo

      Prime Retail or Office Space

      High-visibility Medford location suitable for retail or office use.
      417 Stokes Rd, Medford, NJ 08055
      View Details
    View Listing
    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.
    220 Route 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
    220 Route 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!