Medical Office Suite with Exam
For Sale
$470,000
1374 White Horse Hamilton Square Road, Hamilton, NJ 08619
Third-floor suite includes a waiting/reception area, multiple exam rooms, and ADA-compliant elevator access.
Property Size2,176 SF
Price / SF$215.99
Days on Market465
Property Features for 1374 White Horse Hamilton Square Road
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
security cameras
elevators
signage
common area bathrooms
Building Details
Year Built
2006
Listing Agency:
DAVIS REALTORS
Listed By:
BRIAN T. WALSH
(833) 740-1234
Source:
Actionplusrealty
Added: Jun 29, 2025
Changed: Oct 6
Last Checked: Oct 5 at 9:23PM
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.
This third-floor medical/professional office suite is located within the Yorkshire building and was previously utilized by a physical therapist. The space features a large waiting room and reception area, multiple exam rooms, and a large rear open area that can support physical therapy, workstations/cubicles, or conversion to additional exam rooms. It also includes a private restroom, perimeter windows, and natural light throughout.
Building amenities include security cameras, elevators, signage, and common area bathrooms. The suite provides two entrances and ADA-compliant elevator access.
The layout is well-suited for medical or professional use, with consultation space near the front and exam room configuration throughout the suite.
Building amenities include security cameras, elevators, signage, and common area bathrooms. The suite provides two entrances and ADA-compliant elevator access.
The layout is well-suited for medical or professional use, with consultation space near the front and exam room configuration throughout the suite.
Key Highlights
- 3rd‑floor office/medical suite in the Yorkshire building (built 2006) with ADA‑compliant elevator access
- Suite layout includes waiting/reception area, consultation office, and multiple large exam rooms
- Large rear area for physical therapy, workstations/cubicles, or conversion to additional exam rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,216
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,320
$604.3K
Cap Rate 7%
$431,657
$431.7K
Cap Rate 9%
$335,733
$335.7K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$64.2K $29.52/SF
− Vacancy
−$13.9K −$6.38/SF
EGI
$50.4K $23.14/SF
− OpEx
−$20.1K −$9.26/SF
NOI
$30.2K $13.89/SF
Area
Mercer County, NJ
Vacancy
21.60%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,320
Cap Rate 7%
$431,657
Cap Rate 9%
$335,733
Alternative Uses
Best Use
Healthcare Medical
$431.7K
$377.7K – $503.6K
NOI $30,216 @ 7.0% cap · market cap 6.43%
Second Best
Office B
$278.9K
$244.0K – $325.4K
NOI $19,521 @ 7.0% cap · market cap 4.15%
Theoretical Best
Warehouse
$700.1K
$612.6K – $816.8K
NOI $49,007 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08619, NJ
23,301
Population
9,761
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,330
Density / Sq Mi
$104,922
Median Household Income
$56,772
Median Earnings
$1,712
Median Rent
$320,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Third-floor suite includes a waiting/reception area, multiple exam rooms, and ADA-compliant elevator access.
Where is this medical office space located?
The property is located at 1374 White Horse Hamilton Square Road Hamilton, NJ.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: 3rd‑floor office/medical suite in the Yorkshire building (built 2006) with ADA‑compliant elevator access; Suite layout includes waiting/reception area, consultation office, and multiple large exam rooms; Large rear area for physical therapy, workstations/cubicles, or conversion to additional exam rooms
