Medical Office Suite with Exam
1374 White Horse Hamilton Square Road Hamilton, NJ 08619
For Sale
$470,000
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 Market322
Property Features for 1374 White Horse Hamilton Square Road
General Information
Standard status
Active
Size
2,176 SF
Property subtype
Commercial
Building Details
Year Built
2006
Listing Agency:
DAVIS REALTORS
Listed By:
BRIAN T. WALSH
(833) 740-1234
Source:
Actionplusrealty
Added: Sep 11, 2025
Changed: Jul 25
Last Checked: Jul 28 at 9:35PM
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 For Healthcare Medical
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 | $64.2k | $29.52 |
| − Vacancy | −$13.9k | −$6.38 |
| EGI | $50.4k | $23.14 |
| − OpEx | −$20.1k | −$9.26 |
| NOI | $30.2k | $13.89 |
2,176 SF · lease $29.52/SF/yr · vacancy 21.60% · expense 40.00%
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
Location Intelligence
Current Use
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
