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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Commercial real estate
617 Stokes Rd Medford, NJ 08055-3097
Individually Owned
~
Est. High Equity
Property ID
US59-1150649
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Total area
18,184 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GD
APN
20 04802-0000-00002
UPID
US59-1150649
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
-
PENWA LLC (Bike/Boat/Book/etc) Store
-
Jidan Cleaning LLC General Contractor
-
Shred Nations Recycling Center Waste Management Facility
-
Eugene Bennett Frank Physician
-
Dr. Raymond Ferrara Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.38M
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$2.80M
Owner & transaction history
Vision Piopeities Pinelands Plaza L
Vision Piopeities Pinelands Plaza L
since 2025
6 recorded transactions
Zoning & alternative use
GD · Medford, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.4M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,570,000
6.5%
$2,375,000
7%
$2,205,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,780,000
Current use
OFFICE BUILDING
$3,375,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,385,000
Change: -14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,320,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10%
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
$154 / 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
$86,125
Tax year 2022
Assessed value
$2,650,000
Assessed 2023
Previous assessed
$2,650,000
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$1,137,500
Assessed improvement
$1,512,500
Land market value
$1,137,500
Improvement market value
$1,512,500
Total market value
$2,650,000
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
1987
Heating
NONE
Total area
18,184 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GD
APN
20 04802-0000-00002
UPID
US59-1150649
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
GD · Medford, NJ
Zoning GD · permitted uses
GD · Medford, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
OFFICE BUILDING
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
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
1987
Heating
NONE
Lot
3.5 ac
Current owner
From public records · entity-resolved
Vision Piopeities Pinelands Plaza L
Individual
Mailing address
1874 MARLTON PIKE ESTE10, CHERRY HILL, NJ 08003-2037
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
$3,850,000
Vision Piopeities Pinelands Plaza L
Stein Investment Group LP
Deed
—
Feb 16, 2023
—
Stein Investment Group LP
—
Deed
related
$200,000 · Td Bank NA
Feb 6, 2017
—
Stein Investment Group Ltd
—
Deed
related
$1,750,000 · Td Bk NA
Mar 6, 2014
$235,000
Amega Enterprises LLC
5 Trading Post Way LLC
Grant Deed
—
—
—
Stein Investment Group Ltd
—
Deed Of Trust
related
$1,750,000 · Td Bk NA
—
—
Stein Investment Group
—
Deed Of Trust
related
$1,950,000 · Baltimore Life Insurance Co
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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