Furnished Ground-Floor Medical
For Sale
$280,000
250 Stelton Rd #4, Piscataway, NJ 08854
Configured with reception, treatment rooms, kitchenette, storage, and restroom.
Property Size979 SF
Days on Market70
Property Features for 250 Stelton Rd #4
General Information
Standard status
Active
Size
979 SF
Property subtype
Commercial
Zoning
BPII
Building Details
Building Size
979 SF
Year Built
1991
Stories
1
Units
1
Listing Agency:
Hallmark Realtors
(800) 359-3398
Listed By:
Felix Cabral
Source:
Betterhomerealestate
Added: Jun 23
Changed: Aug 30
Last Checked: Aug 30 at 5:46PM
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 Hallmark Realtors
Investment Insights
Based on property information with market context.
Ground-floor medical office suite within an 8-unit building, offered fully furnished for sale. The layout includes a main office, common-area room, two patient or client rooms, reception, waiting lobby, storage closet, utility closet, kitchenette station, and restroom. Medical equipment and furniture are also available. The property was built in 1991 and is zoned BPII.
The office is positioned along Stelton Road in a section surrounded by local businesses, with residential complexes nearby. On-site parking is available. The current owner and practice are seeking to share the space through a lease to a third party in a similar field of business.
The office is positioned along Stelton Road in a section surrounded by local businesses, with residential complexes nearby. On-site parking is available. The current owner and practice are seeking to share the space through a lease to a third party in a similar field of business.
Key Highlights
- Ground‑floor medical office in an 8‑unit building
- Two patient or client rooms plus main office and common‑area room
- Reception, waiting lobby, kitchenette station, storage, utility closet, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,979
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,580
$299.6K
Cap Rate 7%
$213,986
$214.0K
Cap Rate 9%
$166,433
$166.4K
Market Conditions
NOI Build-Up for 979 SF
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.
Gross rent
$29.4K $30.00/SF
− Vacancy
−$9.4K −$9.60/SF
EGI
$20.0K $20.40/SF
− OpEx
−$5.0K −$5.10/SF
NOI
$15.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,580
Cap Rate 7%
$213,986
Cap Rate 9%
$166,433
Alternative Uses
Best Use
Office B
$214.0K
$187.2K – $249.7K
NOI $14,979 @ 7.0% cap · market cap 5.35%
Second Best
Healthcare Medical
$208.2K
$182.2K – $243.0K
NOI $14,577 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$255.6K
$223.7K – $298.3K
NOI $17,895 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08854, NJ
60,545
Population
18,069
Households
3.4
Avg Household Size
34
Median Age
50%
College-Educated
92%
High-School Grad
18.9 sq mi
ZIP Area
3,203
Density / Sq Mi
$126,331
Median Household Income
$42,397
Median Earnings
$1,929
Median Rent
$423,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Quinn G J DVM — 13 Stelton Rd, Piscataway, NJ 08854
- Piscataway Animal Clinic — 13 Stelton Rd, Piscataway, NJ 08854
- Christopher Laffoon, VMD — 13 Stelton Rd, Piscataway, NJ 08854
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with reception, treatment rooms, kitchenette, storage, and restroom.
Where is this medical office space located?
The property is located at 250 Stelton Rd #4 Piscataway, NJ.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Ground‑floor medical office in an 8‑unit building; Two patient or client rooms plus main office and common‑area room; Reception, waiting lobby, kitchenette station, storage, utility closet, and restroom
