207 Tuckerton RdMedford, NJ 08055

Property Details for 207 Tuckerton Rd

Year built

1972

Construction

BRICK

Lot size

0.92 AC

Property size (Sq ft)

3,300 SF

Zone code

RC

Property type

Retail properties

Property subtype

Banks

APN

20 02702- 01-00012- 03

APU

2002702010001203

Description

This exceptional retail storefront at 207 Tuckerton Road, Medford, NJ 08055, offers 3,500 square feet of space, divisible to a minimum of 1,200 square feet and up to a maximum contiguous space of 5,000 square feet. The property sits on a one-acre lot and boasts excellent visibility due to its placement at a high-traffic intersection. Convenient ingress and egress is available from both Tuckerton Road and Taunton Boulevard, providing easy access for customers and employees. Its strategic location offers convenient access to surrounding communities including Medford, Marlton, Evesham Township, Medford Lakes, Shamong, and Tabernacle. The property is zoned CC-Community Commercial and is also located within Medford Township's redevelopment zone. A ground lease or build-to-suit option may be considered. The 2023 real estate taxes were $16,590, equating to $4.74 per square foot. This prime retail space presents a unique opportunity for businesses seeking high visibility and convenient access to a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,230,332

  6.5%

  $1,135,691

  7%

  $1,054,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,086,568

  Geo Method

  $1,086,568

• Alternative Use

  Use

  Valuation

  Residential

  $957,998

  Hospitality

  $877,521

  Educational

  $730,087

  Medical

  $755,196

  Retail

  $1,135,691

Location Insight

City

Medford

County

Burlington

State

New Jersey

Latitude

39.8705

Longitude

-74.845

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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