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    27 Hwy Franklin, NJ 08873

    Sponsored
    For Sale
    $349,900

    Prime Medical Office Space, Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 1553 Rt 27 medical/professional office building presents a unique opportunity for business owners seeking a strategic location and substantial equity growth. Situated on the established medical corridor between Princeton and New Brunswick, New Jersey, this first-floor space offers unparalleled convenience and accessibility. The building enjoys a highly desirable location, providing easy access to Robert Wood Johnson University Hospital (RWJUH) and St. Peter's University Hospital, ensuring a steady stream of potential patients and clients. The property's prime location is further enhanced by its ample parking, a significant advantage for both staff and visitors. This is an ideal setting for a variety of medical or professional practices, eliminating the ongoing expense of rent and allowing for the building of equity. The address is 27 Highway, Franklin, NJ, and the asking price is $349,900. This is a rare opportunity to acquire a well-situated, established commercial property in a thriving medical hub. The property is classified as General Commercial. The building's size is not specified in the provided information. Don't miss this chance to establish your business in a high-demand area with excellent visibility and accessibility. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 27 Hwy

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1989
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5176
    Latitude
    40.5093

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Medical Office Space, Excellent Location
    Where is this commercial real estate located?
    The property is located at 27 Hwy Franklin, NJ.
    What is the asking price?
    The asking price for this property is $349,900.
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    27 Hwy Franklin, NJ 08873
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    27 Hwy Franklin, NJ 08873
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