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Medical Office Condominium

666 Plainsboro Rd, Plainsboro, NJ 08536

For Sale
New
Contact for pricing

The property is located in Plainsboro, New Jersey.

Property Size7,500 SF
Price / SF$0.03
Days on Market2

Property Features for 666 Plainsboro Rd

General Information

Standard status Active
Size 7,500 SF
Class B
Property subtype office, medical

Additional Details

Property Use Medical Office
Listing Agency: Princeton
Listed By: Vinny DiMeglio · License NJ #0902250
Source: Property.jll
Added: Nov 12 Last Checked: Nov 12 at 2:49PM

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 Princeton

Rey
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Investment Insights

Based on property information with market context.

This medical office condominium contains 7,500 square feet. It is located at 666 Plainsboro Road in Plainsboro, New Jersey.

Key Highlights

  • 7,500‑square‑foot medical office condominium
  • Located at 666 Plainsboro Road in Plainsboro, NJ 08536

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$111,672
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,233,440 $2.2M
Cap Rate 7%
$1,595,314 $1.6M
Cap Rate 9%
$1,240,800 $1.2M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$198.0K $26.40/SF
− Vacancy
−$11.9K −$1.58/SF
EGI
$186.1K $24.82/SF
− OpEx
−$74.4K −$9.93/SF
NOI
$111.7K $14.89/SF
Area
Middlesex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,233,440
Cap Rate 7%
$1,595,314
Cap Rate 9%
$1,240,800

Alternative Uses

Best Use
Office B
$1.64M
$1.43M – $1.91M (±1% cap)
NOI $114,750 @ 7.0% cap
Second Best
Healthcare Medical
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,672 @ 7.0% cap
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M (±1% cap)
NOI $137,088 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Pharmacy Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08536, NJ

20,682
Population
8,894
Households
2.3
Avg Household Size
36
Median Age
79%
College-Educated
98%
High-School Grad
7.5 sq mi
ZIP Area
2,758
Density / Sq Mi
$128,426
Median Household Income
$94,896
Median Earnings
$1,908
Median Rent
$655,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Medical Office Space in Middlesex County, NJ

$274 Jul
$276 Aug
$235 Sep
$217 Oct

Properties on Market for Medical Office Space in Middlesex County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - The property is located in Plainsboro, New Jersey.
Where is this medical office space located?
The property is located at 666 Plainsboro Rd Plainsboro, NJ.
What are key features of this property?
This property features: 7,500‑square‑foot medical office condominium; Located at 666 Plainsboro Road in Plainsboro, NJ 08536
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