Medical Office
For Sale
$325,000
3125 Route 10 #1A, Denville, NJ 07834
Four private rooms and an open work area support a range of office configurations.
Property Size1,588 SF
Price / SF$204.66
Days on Market78
Property Features for 3125 Route 10 #1A
General Information
Standard status
Active
Size
1,588 SF
Property subtype
Commercial
Zoning
B-2
Additional Details
Road Access
Yes
Building Details
Building Size
1,588 SF
Year Built
1980
Stories
2
Listing Agency:
Keller Williams Metropolitan
(973) 539-1120
Listed By:
Mary K. Sheeran · License #0014687
(973) 957-0255
Source:
Cammarotarealestate
Added: Aug 7
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 Keller Williams Metropolitan
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Investment Insights
Based on property information with market context.
This 1,588-square-foot medical office suite is arranged with a reception and waiting area, four private offices or treatment rooms, two half bathrooms, and a large open area. The open space can accommodate workstations, a conference or training room, or additional treatment use. The property was built in 1980 and is zoned B-2.
The suite is located on Route 10 in Denville and has access to more than 70 shared on-site parking spaces. Its layout combines enclosed rooms with flexible common work or treatment space.
The suite is located on Route 10 in Denville and has access to more than 70 shared on-site parking spaces. Its layout combines enclosed rooms with flexible common work or treatment space.
Key Highlights
- 1,588‑square‑foot medical office suite
- Four private offices or treatment rooms
- Two half bathrooms and a reception/waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,296
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,920
$485.9K
Cap Rate 7%
$347,086
$347.1K
Cap Rate 9%
$269,956
$270.0K
Market Conditions
NOI Build-Up for 1,588 SF
Gross rent
$47.6K $30.00/SF
− Vacancy
−$15.2K −$9.60/SF
EGI
$32.4K $20.40/SF
− OpEx
−$8.1K −$5.10/SF
NOI
$24.3K $15.30/SF
Area
Morris 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%
$485,920
Cap Rate 7%
$347,086
Cap Rate 9%
$269,956
Alternative Uses
Best Use
Office B
$347.1K
$303.7K – $404.9K
NOI $24,296 @ 7.0% cap · market cap 7.48%
Second Best
Healthcare Medical
$337.8K
$295.6K – $394.1K
NOI $23,645 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$414.7K
$362.8K – $483.8K
NOI $29,026 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,030
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07834, NJ
17,966
Population
7,122
Households
2.5
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
11.6 sq mi
ZIP Area
1,549
Density / Sq Mi
$162,644
Median Household Income
$76,968
Median Earnings
$1,707
Median Rent
$552,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- All Creatures Great and Small Animal Hospital and Urgent Care — 89 Diamond Spring Rd, Denville, NJ 07834
- Denville Animal Hospital — 270 US-46, Denville, NJ 07834
Frequently Asked Questions
What type of property is this?
Medical Office Space - Four private rooms and an open work area support a range of office configurations.
Where is this medical office space located?
The property is located at 3125 Route 10 #1A Denville, NJ.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,588‑square‑foot medical office suite; Four private offices or treatment rooms; Two half bathrooms and a reception/waiting area
