Property summary
This exceptional 10,000 square foot free-standing building presents a rare opportunity in Medford, NJ. Situated on a 0.77-acre lot in a prime business district on Stokes Road, this property boasts a daily traffic count of 20,000-25,000 vehicles, ensuring high visibility and accessibility. The building, renovated in 2009, features a flexible layout adaptable to various commercial and mixed uses, permitted within the Community Commercial (CC) Zone. Currently configured as two units, it could easily accommodate multiple tenants. The property includes a dynamic showroom, ample parking for 40+ vehicles, and is completely solar-powered, reducing operational costs. Its location offers significant advantages: proximity to major roadways (I-295, Routes 38, 70, 73, 206, PA & NJ Turnpikes, Atlantic City Expressway), first-class medical facilities (University of Pennsylvania, Cooper MD Anderson, Fox Chase, Virtua), and prominent shopping centers (Promenade, Moorestown Mall, Cherry Hill Mall). The building benefits from excellent demographics, surrounded by high-income housing developments ($125,748 average annual household income). Public sewer and a private well are in place. The roof carries a 35-year warranty. This property is being sold "AS IS". This is a truly unique opportunity for businesses seeking high visibility, accessibility, and flexibility in a thriving Medford location.
Property profile
VerifiedCap rate & NOI
Current use
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Electrical Service General Contractor
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Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 racq…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Medford market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2022Property 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 racq…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 racq…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Medford, NJ.
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