Medical Office Space with
For Sale
$240,000
445 WHITE HORSE AVE #201 201, Trenton, NJ 08610
Configured for dental, medical, or professional office operations with reception, treatment, support, and restroom areas.
Property Size1,300 SF
Price / SF$184.62
Days on Market83
Property Features for 445 WHITE HORSE AVE #201 201
General Information
Standard status
Active
Size
1,300 SF
Building Details
Abandoned
No
Listing Agency:
Better Homes and Gardens Real Estate Realty Connect
(856) 316-0777
Listed By:
Seth Davidson · License #1755116
(908) 418-3517
Source:
Careyrealtygroup
Added: Jul 26
Changed: Oct 10
Last Checked: Oct 14 at 10:21PM
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 Better Homes and Gardens Real Estate Realty Connect
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Investment Insights
Based on property information with market context.
This private 1,300+ square foot office condo is configured for healthcare or professional office use. The existing layout includes two equipped operatories, a third room with plumbing for another operatory, a reception area, divided office rooms, a sterilization room, a kitchen, and two bathrooms. The space is currently used as a dental office and can support other medical or professional configurations.
The property is located at 445 White Horse Ave #201 in Hamilton, New Jersey. On-site parking is provided in a maintained lot, adding practical convenience for staff and visitors. The combination of treatment rooms, administrative areas, plumbing, and support spaces creates a functional office setting for a range of healthcare-related operations.
The property is located at 445 White Horse Ave #201 in Hamilton, New Jersey. On-site parking is provided in a maintained lot, adding practical convenience for staff and visitors. The combination of treatment rooms, administrative areas, plumbing, and support spaces creates a functional office setting for a range of healthcare-related operations.
Key Highlights
- 1,300+ square foot private medical office condo
- Two fully equipped operatories
- Third room plumbed for an additional operatory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,052
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,040
$361.0K
Cap Rate 7%
$257,886
$257.9K
Cap Rate 9%
$200,578
$200.6K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$38.4K $29.52/SF
− Vacancy
−$8.3K −$6.38/SF
EGI
$30.1K $23.14/SF
− OpEx
−$12.0K −$9.26/SF
NOI
$18.1K $13.89/SF
Area
Mercer County, NJ
Vacancy
21.60%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,040
Cap Rate 7%
$257,886
Cap Rate 9%
$200,578
Alternative Uses
Best Use
Healthcare Medical
$257.9K
$225.7K – $300.9K
NOI $18,052 @ 7.0% cap · market cap 7.52%
Second Best
Office B
$166.6K
$145.8K – $194.4K
NOI $11,663 @ 7.0% cap · market cap 4.86%
Theoretical Best
Warehouse
$418.3K
$366.0K – $488.0K
NOI $29,278 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08610, NJ
32,649
Population
12,363
Households
2.6
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
4,412
Density / Sq Mi
$87,159
Median Household Income
$43,990
Median Earnings
$1,491
Median Rent
$248,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured for dental, medical, or professional office operations with reception, treatment, support, and restroom areas.
Where is this medical office space located?
The property is located at 445 WHITE HORSE AVE #201 201 Trenton, NJ.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 1,300+ square foot private medical office condo; Two fully equipped operatories; Third room plumbed for an additional operatory
