Renovated Dental Office
216 STELTON RD Unit 4E Piscataway, NJ 08854
216 STELTON RD Unit 4E, Piscataway, NJ, 08854
$330,000
For Sale
$330,000
Recently renovated condo previously used as a dental office, featuring a reception area, operators rooms, and multiple treatment spaces.
Property Size1,000 SF
Price / SF$330
Days on Market613
Property Features for 216 STELTON RD Unit 4E
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1987
Listing agency
KELLER WILLIAMS VILLAGE SQUARE
(201) 665-9344
Listed by
HATICE SAN
(201) 665-9344
Source
Xome
Added: Nov 15, 2024 Updated: Jul 21 at 6:55AM Checked: Jul 21 at 6:55AM
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 KELLER WILLIAMS VILLAGE SQUARE
Investment Insights
Based on property information with market context.
This renovated dental office condo offers a built-out layout designed for professional medical or dental use. The space includes a reception and waiting area, three plumbed operator rooms, a bathroom, a lab, and an X-ray room. It also features a large finished renovated basement. Updates described in the listing include new flooring, new interior painting, and a new HVAC system, along with a new dental setup.
The property is positioned for customer and staff access, and the listing notes excellent visibility and accessibility. It also indicates there is a lot of parking available for customers and staff.
Overall, Unit 4E provides a turnkey interior configuration for practice operations, with dedicated treatment rooms and supporting areas already plumbed and finished as part of the prior dental office buildout.
The property is positioned for customer and staff access, and the listing notes excellent visibility and accessibility. It also indicates there is a lot of parking available for customers and staff.
Overall, Unit 4E provides a turnkey interior configuration for practice operations, with dedicated treatment rooms and supporting areas already plumbed and finished as part of the prior dental office buildout.
Key Highlights
- Recently renovated condo previously used as a dental office with reception area and waiting area
- Includes 3 plumbed operator rooms plus a bathroom, lab, and x‑ray room
- Finished renovated basement
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.0k | $30.00 |
| − Vacancy | −$9.6k | −$9.60 |
| EGI | $20.4k | $20.40 |
| − OpEx | −$5.1k | −$5.10 |
| NOI | $15.3k | $15.30 |
1,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$218.6K
$191.3K – $255.0K
NOI $15,300 @ 7.0% cap · market cap 4.64%
Second Best
Healthcare Medical
$212.7K
$186.1K – $248.2K
NOI $14,890 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Logistic Solutions Inc
Corporate Office
Sapphire Pharma
Pharmacy
Consumers Title Agency ...
Title Company
COMM-Insure LLC
Insurance Agency
Schulman Wiegmann & Associates
Law Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Christopher Laffoon, VMD — 13 Stelton Rd, Piscataway, NJ 08854
- Quinn G J DVM — 13 Stelton Rd, Piscataway, NJ 08854
- Piscataway Animal Clinic — 13 Stelton Rd, Piscataway, NJ 08854
FAQs
What type of property is this?
Medical Office Space - Recently renovated condo previously used as a dental office, featuring a reception area, operators rooms, and multiple treatment spaces.
Where is this medical office space located?
The property is located at 216 STELTON RD Unit 4E Piscataway, NJ.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Recently renovated condo previously used as a dental office with reception area and waiting area; Includes 3 plumbed operator rooms plus a bathroom, lab, and x‑ray room; Finished renovated basement
