Medical Office Building with
For Sale
$669,900
2412 Plainfield Avenue, South Plainfield, NJ 07080
Well-suited for medical uses with ample parking and a corner position that supports patient access and visibility.
Property Size1,824 SF
Price / SF$367.27
Days on Market132
Property Features for 2412 Plainfield Avenue
General Information
Standard status
Active
Size
1,824 SF
Property subtype
Commercial
Building Details
Year Built
1967
Listing Agency:
JACK PEDERSEN REALTY
Listed By:
LAURA C. TSOUNIS · License #1328118
(908) 755-8300
Source:
Actionplusrealty
Added: Jun 1
Changed: Oct 7
Last Checked: Oct 10 at 1:28AM
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 JACK PEDERSEN REALTY
Investment Insights
Based on property information with market context.
This medical office building is arranged for professional use and has a long operating history, having been used for many years as a well-established dental practice. The property benefits from an existing tenant-ready layout typical of healthcare workflows, with improvements already oriented toward delivering care on-site.
Located on a busy corner, the building provides both convenient street access and options for visitors. Parking is available on-site, and street parking is also available, which can help reduce friction for patients, staff, and appointments.
For buyers seeking an office property with an existing medical track record, this offers a practical starting point. The combination of a healthcare-oriented history and on-site parking makes the asset a straightforward fit for medical operators looking for a ready-use environment, or for investors evaluating an office building positioned for customer-based services.
Located on a busy corner, the building provides both convenient street access and options for visitors. Parking is available on-site, and street parking is also available, which can help reduce friction for patients, staff, and appointments.
For buyers seeking an office property with an existing medical track record, this offers a practical starting point. The combination of a healthcare-oriented history and on-site parking makes the asset a straightforward fit for medical operators looking for a ready-use environment, or for investors evaluating an office building positioned for customer-based services.
Key Highlights
- Built in 1967
- Corner position with patient access and visibility
- Previously used as a long‑running dental office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,907
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,140
$558.1K
Cap Rate 7%
$398,671
$398.7K
Cap Rate 9%
$310,078
$310.1K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$54.7K $30.00/SF
− Vacancy
−$17.5K −$9.60/SF
EGI
$37.2K $20.40/SF
− OpEx
−$9.3K −$5.10/SF
NOI
$27.9K $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%
$558,140
Cap Rate 7%
$398,671
Cap Rate 9%
$310,078
Alternative Uses
Best Use
Office B
$398.7K
$348.8K – $465.1K
NOI $27,907 @ 7.0% cap · market cap 4.17%
Second Best
Healthcare Medical
$388.0K
$339.5K – $452.7K
NOI $27,159 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$476.3K
$416.8K – $555.7K
NOI $33,340 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07080, NJ
24,261
Population
8,433
Households
2.9
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
2,959
Density / Sq Mi
$126,161
Median Household Income
$61,777
Median Earnings
$1,928
Median Rent
$444,100
Median Home Value
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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 - Well-suited for medical uses with ample parking and a corner position that supports patient access and visibility.
Where is this medical office space located?
The property is located at 2412 Plainfield Avenue South Plainfield, NJ.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Built in 1967; Corner position with patient access and visibility; Previously used as a long‑running dental office
