708 Stokes RdMedford, NJ 08055

Property Details for 708 Stokes Rd

Year built

1969

Lot size

0.77 AC

Property size (Sq ft)

10,000 SF

Zone code

CC

Property type

Other commercial real estate

APN

20 04801- 05-00008

APU

20048010500008

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $2,582,433

  Hospitality

  $2,365,495

  Educational

  $1,968,064

  Medical

  $2,035,749

  Retail

  $3,061,433

Location Insight

City

Medford

County

Burlington

State

New Jersey

Latitude

39.8669

Longitude

-74.8096

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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