618 Stokes Rd Medford, NJ 08055-2906
This exceptional 3,320 square foot office building is ideally situated in Medford's thriving business district, offering versatile commercial/retail potential. The property boasts 11 rooms, including a spacious 1079 square foot basement providing ample storage. A striking foyer with double casement windows welcomes you, leading to a thoughtfully designed layout. The first floor features multiple offices of varying sizes, each with recessed lighting, solid wood doors, carpeting, and abundant natural light from numerous casement windows. A convenient kitchenette/office area is also included. Upstairs, a reception area flows into a well-appointed second floor with additional offices, including a sizable executive office with vaulted ceilings and skylights. Two powder rooms serve both floors. The basement offers five separate storage areas totaling 1079 square feet. The 0.46-acre lot provides convenient parking. This prime location on Stokes Road offers unparalleled access to major roadways including I-295, Routes 38, 206, 73, 70, the PA & NJ Turnpikes, and the Atlantic City Expressway, placing it within easy reach of Philadelphia (approximately 30 minutes), the Jersey Shore (under an hour), and New York City (90 miles). Proximity to major bridges, airports (Philadelphia International and Atlantic City International), and first-class medical facilities further enhances its desirability. The surrounding area features high-income developments, ensuring a strong and affluent demographic base. This is a rare opportunity to acquire a highly sought-after property in a premier business location.
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Holt McNally & Associates Accounting Firm
All Uses permitted in the CC Community Commercial or RC Restricted Commercial Districts specified in Subsection 411.A of this ordinance. 9. Indoor and Outdoor Recreational Uses, such as health spas, gyms, tennis and racquetball courts and similar uses. 10. Fast Food Restaurants as Conditional Uses under N.J.S.A. 40:55D-67 (see § 602 for standards). 11. Shopp…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Medford, NJAll Uses permitted in the CC Community Commercial or RC Restricted Commercial Districts specified in Subsection 411.A of this ordinance. 9. Indoor and Outdoor Recreational Uses, such as health spas, gyms, tennis and racquetball courts and similar uses. 10. Fast Food Restaurants as Conditional Uses under N.J.S.A. 40:55D-67 (see § 602 for standards). 11. Shopping Centers comprised of any of the above retail sales of goods and services and offices; provided said use existed as of January 1, 2004. The redevelopment or renovation of existing shopping centers shall constitute a permitted use. 12. Car Washes as Conditional Uses under N.J.S.A. 40:55D-67 (see § 602 for standards) provided that the minimum required lot frontage is met on Route 70. 13. All Uses permitted in the AR Agricultural Retention District specified in Subsection 406.A of this ordinance in accordance with the provisions and requirements specified therein in the HC-2 District only. B. Accessory Uses Permitted. 1. Off-Street Parking (see § 410.F hereinbelow and § 520 ). 2. Fences and Walls (see § 513 ). 3. Signs (see § 526 ). [Amended 3-5-2013 by Ord. No. 2013-1 ] 4. Garages and Storage Buildings. In addition, in the case of preexisting nonconforming residential uses, any legally preexisting garages and storage buildings or residential accessory buildings, including sheds, may be maintained or replaced with a structure having the same or smaller length, width and height dimensions, and which maintain the existing, or greater, setbacks from all property lines. 5. Satellite Dish Antennas (see § 501 for standards). 6. One temporary Construction Trailer not exceeding 750 square feet in area plus one sign not exceeding 50 square feet in area and advertising the names of the prime contractor, architect, subcontractor(s), financing institution and similar information. Any permitted temporary trailer and sign shall be located on the site where construction is taking place and shall be set back at least 10 feet from all street and lot lines. The temporary trailer and sign shall be permitted for the period of construction beginning with the issuance of a construction permit and concluding with the issuance of the last Certificate of Occupancy or two years, whichever is less, provided that up to three one-year extensions may be granted by the Board. 7. Usual Recreational Facilities for motels and hotels only. C. Maximum Building Height. No building height shall exceed 45 feet in height and three stories except as allowed in § 604 of this ordinance. D. Intensity, Area And Yard Requirements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
