Edison Office Space For
For Sale
Contact for pricing
205-1653 State Route 27, Edison, NJ 08820
Bright office space near train station and shopping center.
Property Size425 SF
Price / SF$3.53
Days on Market155
Property Features for 205-1653 State Route 27
General Information
Standard status
Active
Size
425 SF
Taxes and HOA fees
Annual Taxes
$26,074
Listing Agency:
REALMART REALTY LLC
(888) 362-6543
Listed By:
YAN "RITA" H. ZHANG
(732) 727-2280
Source:
Exprealty
Added: May 15
Changed: Sep 15
Last Checked: Oct 14 at 11:43PM
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 REALMART REALTY LLC
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Investment Insights
Based on property information with market context.
Located on Route 27 in Edison, NJ, this commercial real estate offers a bright office space. The property is situated near the Edison train station and the H-mart shopping center, providing a convenient commercial business location. The building includes ample open parking space. Located on the second floor, there are two units available. One unit is currently vacant. The other unit is furnished with office desks and chairs, making it suitable for immediate office use. Both units feature individual bathrooms. The property size is 425 square feet.
Key Highlights
- Great commercial business location on Route 27 in Edison, NJ
- Near Edison train station and H‑Mart shopping center
- Plenty of open parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,942
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,840
$138.8K
Cap Rate 7%
$99,171
$99.2K
Cap Rate 9%
$77,133
$77.1K
Market Conditions
NOI Build-Up for 425 SF
Gross rent
$11.2K $26.40/SF
− Vacancy
−$2.0K −$4.62/SF
EGI
$9.3K $21.78/SF
− OpEx
−$2.3K −$5.44/SF
NOI
$6.9K $16.33/SF
Area
Edison, NJ
Vacancy
17.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,840
Cap Rate 7%
$99,171
Cap Rate 9%
$77,133
Alternative Uses
Best Use
Office B
$99.2K
$86.8K – $115.7K
NOI $6,942 @ 7.0% cap · market cap 462.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$137.7K
$120.5K – $160.7K
NOI $9,642 @ 7.0% cap · market cap 642.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,579
Businesses Nearby
Explore this area
Business Placement
Demographics for 08820, NJ
41,169
Population
13,215
Households
3.1
Avg Household Size
42
Median Age
71%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$168,453
Median Household Income
$86,386
Median Earnings
$1,925
Median Rent
$597,700
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
Frequently Asked Questions
What type of property is this?
Office units - Bright office space near train station and shopping center.
Where is this office units located?
The property is located at 205-1653 State Route 27 Edison, NJ.
What are key features of this property?
This property features: Great commercial business location on Route 27 in Edison, NJ; Near Edison train station and H‑Mart shopping center; Plenty of open parking space
