Bridlington Way Medford, NJ 08055
GMN), Growth Management Area South (GMS), Growth District (GD), Agricultural Retention (AR), Forest District (FD), and Highway Commercial Zone-2 (HC-2). This right to farm includes, but not by way of limitation: 1. Production of agricultural and horticultural crops, trees and forest products, livestock and poultry and other commodities as described in the St…
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
GMN · Medford, NJGMN), Growth Management Area South (GMS), Growth District (GD), Agricultural Retention (AR), Forest District (FD), and Highway Commercial Zone-2 (HC-2). This right to farm includes, but not by way of limitation: 1. Production of agricultural and horticultural crops, trees and forest products, livestock and poultry and other commodities as described in the Standard Industrial Classification for agriculture, forestry, fishing and trapping. 2. Housing and employment of necessary farm laborers. 3. Erection of necessary agricultural buildings ancillary to agricultural and horticultural production. 4. The grazing of animals and use of range for fowl. 5. Construction of fences for livestock and fowl, as well as to control depredation by wildlife. 6. The operation and transportation of large, slow-moving equipment over roads within the Township of Medford. 7. Control of pests, predators and diseases of plants and animals. 8. Conduction of agriculture-related education and farm-based recreational activities, provided that the activities are related to marketing the agricultural or horticultural output of the commercial farm and permission of the farm owner and lessee is obtained. 9. Use of irrigation pumps and equipment, aerial and ground seeding and spraying, tractors, harvest aides and other equipment. 10. Processing and packaging of the agricultural output of the commercial farm. 11. The operation of a farm market, including the construction of business and parking areas in conformance with Medford Township standards. 12. The operation of a pick-your-own operation, meaning a direct marketing alternative wherein retail or wholesale customers are invited onto a commercial farm in order to harvest agricultural, floriculture or horticultural products. 13. Replenishment of soil nutrients and improvement of soil filth. 14. Clearing of woodlands using open burning and other techniques, installation and maintenance of vegetative and terrain alterations and other physical facilities for water and soil conversation and surface water control in wetland areas. 15. On-site disposal of organic agricultural wastes. 16. The application of manure and chemical fertilizers, insecticides and herbicides in accordance with manufacturers' instructions. 17. Agricultural-related educational and farm-based recreational activities, provided that the activities are related to marketing the agricultural or horticultural output of the farm, including, but not limited to equestrian activities, including the boarding of horses and riding instructions. B.
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.