Medical Center with Rehab
15-17 E Railroad Avenue, Jamesburg, NJ 08831
For Sale
New
$3,740,000
The three-level, ADA-compliant facility combines clinical rooms with dedicated rehabilitation and exercise areas.
Property Size14,000 SF
Lot Size6.00 Acres
Price / SF$267.14
Days on Market2
Property Features for 15-17 E Railroad Avenue
General Information
Standard status
Size
Total Parking Spaces
Elevators
Lot size
Property subtype
Zoning
Occupancy
Additional Details
Property Use
Medical Specialty
Taxes and HOA fees
Annual Taxes
Amenities
rehab gym
digital X-ray
smart tech
full bath and locker rooms
Pilates room
large workout room
Refrigeration
Elevator
See Remarks
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Owner Occupied
Listing Agency:
BURKE REALTY LLC
Listed By:
John H. Burke · License NJ #3522589
(305) 796-9906
Source:
Lacerdarealtors
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 2:04AM
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 BURKE REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 14,000-square-foot medical center occupies three levels on a 6-acre property at 15-17 E Railroad Avenue in Jamesburg. The facility has 18 treatment rooms, a rehabilitation gym, digital X-ray equipment, and an elevator. A basement workout area includes a gym and Pilates room, with additional space for classes and seminars. Full baths and locker rooms serve the building, which also has smart technology and 43 parking spaces.
The property is zoned CBD. Its layout includes medical treatment, rehabilitation, and fitness areas within one ADA-compliant facility.
The property is zoned CBD. Its layout includes medical treatment, rehabilitation, and fitness areas within one ADA-compliant facility.
Key Highlights
- 14,000‑square‑foot medical facility on 6 acres
- 18 treatment rooms
- Three levels with an elevator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$214,200
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,284,000
$4.3M
Cap Rate 7%
$3,060,000
$3.1M
Cap Rate 9%
$2,380,000
$2.4M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$420.0K $30.00/SF
− Vacancy
−$134.4K −$9.60/SF
EGI
$285.6K $20.40/SF
− OpEx
−$71.4K −$5.10/SF
NOI
$214.2K $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 Rate 5%
$4,284,000
Cap Rate 7%
$3,060,000
Cap Rate 9%
$2,380,000
Alternative Uses
Best Use
Office B
$3.06M
$2.68M – $3.57M
NOI $214,200 @ 7.0% cap · market cap 5.73%
Second Best
Healthcare Medical
$2.98M
$2.61M – $3.47M
NOI $208,454 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$3.66M
$3.20M – $4.26M
NOI $255,898 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Explore this area
Business Placement
Demographics for 08831, NJ
55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical center - The three-level, ADA-compliant facility combines clinical rooms with dedicated rehabilitation and exercise areas.
Where is this medical center located?
The property is located at 15-17 E Railroad Avenue Jamesburg, NJ.
What is the asking price?
The asking price for this property is $3,740,000.
What are key features of this property?
This property features: 14,000‑square‑foot medical facility on 6 acres; 18 treatment rooms; Three levels with an elevator
