Property profile & analytics
701 Main St Moorestown, NJ 08057-3032
- Commercial real estate
- 20,693 SF
- 1.92 lot acres
OFF-MARKET
Value Estimations
$1,890,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US59-2141209
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
- South Jersey Osteopathic Care Center, LLC / Alternative Medicine Practice / Physician
- Advocare Garden State Internal Medicine / Medical Clinic
- Dagli Dental South LLC / Dental Office
- Dr. Nesrin Dagli / Dental Office
Property Details for 701 Main St
- Year built
- 1945
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.92 lot acres
- Property size
- 20,693 SF
- Property type
- Commercial real estate
- APN
- 22 06702-0000-00001
- APU
- 2206702000000001
Description
This exceptional investment opportunity presents a two-building medical office complex totaling approximately 20,000 square feet, ideally situated in Burlington County. The property, known as the Victoria Arts Medical Building, offers a range of suite sizes perfect for various medical practices. Currently, there are three available suites ranging from 748 to 1,260 contiguous square feet, with a total of 4,953 square feet of vacant space within the 10,000 square foot main building. The complex comprises five suites in total, spread across two buildings, and is classified as a Class B property, originally constructed in 1945. Its convenient location provides easy access to major transportation arteries, including Route 38 and I-295, ensuring excellent accessibility for both patients and staff. Furthermore, the property benefits from its close proximity to the Centerton Square Shopping Center, offering employees and patients a wide array of retail and dining options. The minimum divisible space is 748 square feet, making it suitable for a variety of medical practices seeking flexible and well-located office space. This property represents a compelling opportunity for medical professionals seeking a well-established and conveniently located practice space in a thriving commercial area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,554,000
- AI Estimate
- $1,590,000
Market price range: $2.06M - $4.05MMarket price range: $1.17M - $2.76M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,710,000
- INDUSTRIAL (GENERAL)
- $2,640,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Moorestown
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.9211
- Latitude
- 39.9729
- 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
$51,870
$321,800
$1,583,100
$1,904,900
-
$321,800
$1,583,100
$1,904,900
