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Property profile & analytics
FOR SALE
Office buildings

94 Brick Rd Marlton, NJ 08053

Built 1996
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-1084717
Property summary
AI-generated overview

This exceptional medical office building, located at 94 Brick Road in Marlton, New Jersey, presents a unique investment opportunity. The 51,939 square foot building, constructed in 1996, sits on a 5-acre lot and is zoned for commercial use within Burlington County's desirable Burlington County submarket. Currently, there are 33,182 square feet of vacant space available, divisible into units ranging from 1,553 to a maximum contiguous 14,813 square feet. The property boasts a multi-tenant configuration, ideal for various medical practices or related businesses. Its strategic location offers unparalleled access to major roadways, including Route 73, Route 70, I-295, and the New Jersey Turnpike, ensuring convenient commutes for both staff and patients. The building benefits from its proximity to the Virtua West Jersey Health System Marlton Campus, providing direct access to a hospital and rehabilitation facility, and is also near the Promenade at Sagemore, offering a variety of dining and retail options. Furthermore, its location is just three miles from Virtua Voorhees Hospital and five miles from Thomas Jefferson University Hospital at Voorhees, solidifying its position within a thriving healthcare hub in South Jersey's sought-after 3M market. This property offers a compelling combination of size, location, and accessibility, making it an attractive prospect for investors and medical professionals alike. The building's existing infrastructure and prime location within a high-demand area present a strong foundation for future growth and profitability. The 08053 zip code further enhances its appeal.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Zoning code C-1
APN 13 00026-0000-00005- 01-C0094
UPID US59-1084717
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
by Request
Owner & transaction history
Medco Properties LLC · 23 yrs held
Medco Properties LLC
since 2003
4 recorded transactions
2003
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Marlton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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