First-Floor Professional Office
For Sale
$200,000
11-4105 Us Highway 1, Monmouth Junction, NJ
First-floor office suite with a reception area, four private rooms, and a private restroom within Wynwood Office Plaza.
Property Size1,046 SF
Price / SF$191.20
Days on Market151
Property Features for 11-4105 Us Highway 1
General Information
Standard status
Active
Size
1,046 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$3,812
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
JONATHAN BENOWITZ
Source:
Exprealty
Added: Apr 8
Changed: Sep 4
Last Checked: Sep 5 at 11:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DAVIS REALTORS
Investment Insights
Based on property information with market context.
Located at 11-4105 U.S. Highway 1 within Wynwood Office Plaza, this first-floor professional/medical office condo offers a functional layout designed for client-facing operations. The suite includes a welcoming waiting and reception area, four private offices or exam rooms, and a private restroom.
The property is positioned along U.S. Highway 1 in the Monmouth Junction area, with stated connectivity to Route 130 and Route 27 and access to the New Brunswick and Princeton corridors.
Offered for sale at Wynwood Office Plaza, this suite is best suited for professional owner-users seeking a centrally accessible, first-floor office configuration with dedicated interior spaces for private meetings and appointments.
The property is positioned along U.S. Highway 1 in the Monmouth Junction area, with stated connectivity to Route 130 and Route 27 and access to the New Brunswick and Princeton corridors.
Offered for sale at Wynwood Office Plaza, this suite is best suited for professional owner-users seeking a centrally accessible, first-floor office configuration with dedicated interior spaces for private meetings and appointments.
Key Highlights
- First‑floor professional/medical office condo at 4105 Route 1 in Wynwood Office Plaza
- Suite includes a waiting/reception area, four private offices or exam rooms, and a private restroom
- Convenient first‑floor access for both clients and staff within the Wynwood Office Plaza complex
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$320,080
$320.1K
Cap Rate 7%
$228,629
$228.6K
Cap Rate 9%
$177,822
$177.8K
Market Conditions
NOI Build-Up for 1,046 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.4K $30.00/SF
− Vacancy
−$10.0K −$9.60/SF
EGI
$21.3K $20.40/SF
− OpEx
−$5.3K −$5.10/SF
NOI
$16.0K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$320,080
Cap Rate 7%
$228,629
Cap Rate 9%
$177,822
Alternative Uses
Best Use
Office B
$228.6K
$200.1K – $266.7K
NOI $16,004 @ 7.0% cap · market cap 8.00%
Second Best
Healthcare Medical
$222.5K
$194.7K – $259.6K
NOI $15,575 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$273.1K
$239.0K – $318.7K
NOI $19,119 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - First-floor office suite with a reception area, four private rooms, and a private restroom within Wynwood Office Plaza.
Where is this medical office space located?
The property is located at 11-4105 Us Highway 1 Monmouth Junction, NJ.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: First‑floor professional/medical office condo at 4105 Route 1 in Wynwood Office Plaza; Suite includes a waiting/reception area, four private offices or exam rooms, and a private restroom; Convenient first‑floor access for both clients and staff within the Wynwood Office Plaza complex
