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Property profile & analytics
OFF-MARKET
Office buildings

561 Cranbury Rd E E Ste East Brunswick, NJ 08816-5400

520 SF 0.02 ac lot Built 1988
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-0217289
Property summary
AI-generated overview

This exceptional 3,493 square foot office condo, situated within the prestigious Surgi-Center in East Brunswick, New Jersey, presents a compelling investment or owner-occupancy opportunity. Located on Cranbury Road, this property benefits from its central position within a thriving medical and professional community. Currently divided into two suites (2,099 SF and 1,394 SF), it offers flexibility for single or dual occupancy. Suite 1, currently occupied, features an open floor plan ideal for physical therapy, along with four private offices, five bathrooms, and laundry facilities. Suite 2, vacant and available for lease at $26 per square foot plus utilities, includes a reception area, multiple private offices with sinks, a kitchenette, and a bathroom. Each suite boasts a private entrance and an interior connecting door. Abundant on-site parking is available. The property features a vaulted and impressive entry foyer. The annual association fees are $24,278, and real estate taxes total $20,236. The asking price for this turnkey property is $799,000. Ideal for a variety of medical and professional uses, including but not limited to physical therapy, podiatry, dermatology, wellness centers, legal practices, accounting firms, and more. This property offers strong potential for both stable long-term income and owner-occupancy. The 1988-built, single-story building sits on a 0.032-acre lot.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 520 SF
Lot 0.02 ac (958 SF)
Zoning code OP1
APN 04 00319-0000-00040-0000-C0005
UPID US59-0217289
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MedSpa At ASA Plastic Surgery Physician Medical Clinic
  • Russell Ashinoff, MD, FACS Physician Medical Clinic
  • University SurgiCenter Medical Clinic Hospital
  • East Brunswick Family and Implant Dentistry Dental Office
  • Bio-Medical Laboratory Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Grsc LLC · 16 yrs held
Grsc LLC
since 2009
1 recorded transaction
2009
$110,000
Zoning & alternative use
OP1 · East Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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