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    Clyde Rd Franklin, NJ 08873

    For Sale
    $195,000

    1200 sq ft Office, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1200-square-foot commercial office space is ideally situated on Clyde Road in Franklin, New Jersey. Located on the second floor, the unit boasts abundant natural light, creating a bright and welcoming atmosphere. Currently configured as a versatile layout, the space includes a waiting room area, four individual offices (or alternatively, three offices and a spacious conference room), and a private bathroom. This flexible design caters to a variety of business needs and allows for easy customization. The property's strategic location offers unparalleled convenience, with close proximity to major transportation arteries including Routes 1, 18, 27, 22, and 287, ensuring effortless commutes for employees and clients. Its proximity to several apartment complexes further enhances its appeal. The location also benefits from its convenient access to two hospitals, the New Brunswick Train Station, and Rutgers University, making it an attractive option for businesses seeking a location with a strong workforce pool and essential amenities. The asking price for this well-appointed office space is $195,000. This presents a compelling opportunity for businesses seeking a functional, well-located, and adaptable office environment in a thriving area. The property is a general commercial space and sits on a 0-acre lot.

    Property Features for Clyde Rd

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.50841
    Latitude
    40.48859

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    FAQs

    What type of property is this?
    Commercial real estate - 1200 sq ft Office, Prime Location
    Where is this commercial real estate located?
    The property is located at Clyde Rd Franklin, NJ.
    What is the asking price?
    The asking price for this property is $195,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Clyde Rd Franklin, NJ 08873
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