Furnished Medical Office
For Sale
$275,000
250 Stelton Rd #4, Piscataway, NJ 08854
Ground-floor space is configured with patient rooms, reception, a waiting area, storage, and a kitchenette.
Property Size979 SF
Price / SF$280.90
Days on Market123
Property Features for 250 Stelton Rd #4
General Information
Standard status
Active
Size
979 SF
Property subtype
Commercial
Zoning
BPII
Space & Availability
Floor
Ground Floor
Furnished
Yes
Additional Details
Road Access
Yes
Building Details
Building Size
979 SF
Year Built
1991
Stories
1
Units
1
Owner Occupied
Yes
Listing Agency:
Hallmark Realtors
(800) 359-3398
Listed By:
Felix Cabral
(732) 429-4097
Source:
Cammarotarealestate
Added: Jun 23
Changed: Oct 22
Last Checked: Oct 22 at 2:31PM
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
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Investment Insights
Based on property information with market context.
This 979-square-foot medical office suite occupies the ground floor of an eight-unit building. The furnished space includes a main office, a shared room, two patient or client rooms, a reception area, a waiting lobby, storage and utility closets, a kitchenette, and a restroom. Medical equipment and furniture are also available. The building dates to 1991, and the property is zoned BPII.
The suite is at 250 Stelton Road in Piscataway Township, among local businesses and near residential complexes. On-site parking is available.
The suite is at 250 Stelton Road in Piscataway Township, among local businesses and near residential complexes. On-site parking is available.
Key Highlights
- 979‑square‑foot ground‑floor suite in an eight‑unit building
- Furnished layout includes two patient/client rooms, a main office, and a common room
- Reception area, waiting lobby, storage and utility closets, kitchenette, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,979
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
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
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 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 5.45%
Second Best
Healthcare Medical
$208.2K
$182.2K – $243.0K
NOI $14,577 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$255.6K
$223.7K – $298.3K
NOI $17,895 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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 - Ground-floor space is configured with patient rooms, reception, a waiting area, storage, and a kitchenette.
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 $275,000.
What are key features of this property?
This property features: 979‑square‑foot ground‑floor suite in an eight‑unit building; Furnished layout includes two patient/client rooms, a main office, and a common room; Reception area, waiting lobby, storage and utility closets, kitchenette, and restroom
