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    OFF-MARKET
    Commercial real estate

    400 Fellowship Rd, Mount Laurel, NJ 08054-3437

    5.02 ac lot Built 1990
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US59-3170057
    Property summary
    AI-generated overview

    This exceptional two-story, Class B medical office building at 400 Fellowship Road in Mount Laurel Township, NJ (zip code 08054), offers 20,000 square feet of space. The property features one building with multiple suites, currently boasting 2,718 square feet of vacant space. Individual suites range from a minimum of 400 square feet to a maximum of 2,265 square feet, providing flexibility for various medical practices. The building is conveniently located off Route 73, providing easy access to I-295 and the New Jersey Turnpike. Recent renovations have enhanced the property's appeal, including upgrades to common areas, lobbies, restrooms, landscaping, parking, and building systems. A turnkey service is available to assist with relocation, design, and build-out. The building benefits from a highly visible location along Fellowship Road, allowing for prominent signage. The surrounding area offers a wealth of amenities, including restaurants, cafes, shopping centers, hotels, banks, and entertainment options. Abundant parking is available for tenants and their clients. This property presents a fantastic opportunity for medical professionals seeking a well-maintained, conveniently located office space in a thriving community. The building has elevators. The financially strong owner maintains an on-site presence.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1990
    Lot 5.02 ac (218,541 SF)
    APN 24 01201- 04-00001- 03
    UPID US59-3170057
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Us Radiology Specialists LLC · 2 yrs held
    Us Radiology Specialists LLC
    since 2023
    5 recorded transactions
    2023
    2023
    2021
    $3.2M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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