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Property profile & analytics
FOR SALE
Commercial real estate

Stratford, NJ 08084

1,380 SF 0.17 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-0257784
Property summary
AI-generated overview

This exceptional 1,380 square foot office building, situated on a 0.17-acre lot at 119 E Laurel Road in Stratford, NJ, presents a fantastic investment opportunity. The property boasts a desirable location directly across from Stratford Jefferson Hospital, ensuring high visibility and convenient access for patients and clients. The building features a spacious reception area, perfectly suited for welcoming visitors. The first floor also includes two well-appointed doctor's offices, three exam rooms, and a convenient bathroom. Upstairs, a large lunchroom provides ample space for staff breaks, complemented by a dedicated bookkeeping office. A full basement offers additional storage or expansion potential. The property includes a private parking lot with a convenient ramp leading directly to the first floor, ensuring easy accessibility for all. This versatile space is ideal for a variety of medical, professional, or office uses, making it an attractive option for both established businesses and new ventures. The asking price is $299,000. This turnkey property offers immediate occupancy and significant potential for return on investment. The combination of prime location, ample parking, and well-designed interior space makes this an exceptional opportunity not to be missed. Contact us today to schedule a showing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction FRAME
Total area 1,380 SF
Lot 0.17 ac (7,501 SF)
APN 32 00040-0000-00004
UPID US59-0257784
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
Current use
Occupant on record · Public records
  • Waters Hermina Physician
  • Honig Hope S Do Pediatrician Physician
  • Spielberger Catherine S Physician
  • Dr. Sharon D. Warner, MD Physician
  • Goldis Geriatrics Geriatric Care Provider
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
My Only Pair Of Shoes LLC · 3 yrs held
My Only Pair Of Shoes LLC
since 2023
Last sale
$150,000
3 recorded transactions
2023
$150,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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