16 Medford Evesboro RdMedford, NJ 08055

  • Industrial properties
  • 9,432 SF
For Sale

Property Details for 16 Medford Evesboro Rd

Year built
1968
Lot size
9.76 AC
Property size (Sq ft)
9,432 SF
Zone code
BDZ1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
20 00401-0000-00009- 03
APU
200040100000000903

Description

This exceptional 18,651-square-foot industrial property, located at 16 Medford-Evesboro Road in Medford, New Jersey (zip code 08055), presents a compelling investment opportunity. The building, constructed in 1968, features a flexible design suitable for distribution, flex, or warehouse operations. The two-story structure sits on a generous 2.72-acre lot and is zoned BDZ1. High ceilings, reaching 16 feet at their peak, provide ample vertical space for storage or operations. Loading is facilitated by two dock-high doors, complemented by one drive-in door and two tailgates, ensuring efficient goods movement. Its convenient location just off Route 70 offers easy access to major transportation arteries, enhancing logistical efficiency and accessibility for businesses. The property's size and features make it ideal for a variety of industrial uses, offering significant potential for growth and profitability. This well-maintained building presents a rare opportunity to acquire a functional and strategically located industrial space in a thriving New Jersey market. The property's versatility and prime location make it an attractive option for businesses seeking to expand or establish a presence in the area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,437,044
    Hospitality
    $2,232,320
    Educational
    $1,857,264
    Medical
    $1,921,138
    Retail
    $2,889,077
16 Medford Evesboro Rd, Medford, New Jersey

Location Insight

City
Medford
County
Burlington
State
New Jersey
Latitude
39.9012
Longitude
-74.8582
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
$81,250
$780,000
$1,720,000
$2,500,000
-
$780,000
$1,720,000
$2,500,000

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