107 Taunton BlvdMedford, NJ 08055

Property Details for 107 Taunton Blvd

Year built

1971

Construction

FRAME

Lot size

0.78 AC

Property size (Sq ft)

10,507 SF

Zone code

CC

Property type

Office buildings

APN

20 03202- 01-00001- 06

APU

2003202010000106

Description

This exceptional Class B office building, located at 107 Taunton Blvd in Medford, New Jersey, 08055, offers a variety of executive office suites for lease. The property boasts a total of 10,507 square feet, divided into five individual suites. Currently, 4,233 square feet of contiguous space is immediately available, perfect for a growing business or a company seeking to relocate. Smaller spaces are also available, with a minimum divisible space of 919 square feet, providing flexibility for various tenant needs. The building is well-maintained and offers ample parking with 30 spaces available for tenants and their guests. The location in Medford, New Jersey provides easy access to major transportation routes, making commuting convenient. This is an excellent opportunity to secure high-quality office space in a desirable location. The property is suitable for multiple tenants, offering a range of sizes to accommodate diverse business requirements. Interested parties are encouraged to inquire about lease terms and availability. The address is easily accessible and conveniently located within Medford, NJ. This property presents a unique opportunity to establish a strong business presence in a thriving community. The available space offers a blend of functionality and convenience, making it an ideal choice for businesses seeking a productive and comfortable work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $3,347,900

  6.5%

  $3,090,370

  7%

  $2,869,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,372,840

  Geo Method

  $1,372,840

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,864,340

  Retail / Commercial

  $3,050,250

  Mixed-Use / Specialty

  $3,073,300

  Hospitality / Lodging

  $2,298,940

  Institutional / Educational

  $3,207,110

  Residential Income

  $3,752,320

  Multifamily

  $4,312,290

  Automotive / Energy

  $2,748,950

  Parking / Income-Based Land

  $915,118

  Restaurant / Food Service

  $1,670,840

  Healthcare / Senior Housing

  $3,116,820

Location Insight

City

Medford

County

Burlington

State

New Jersey

Latitude

39.869

Longitude

-74.8453

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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