Property profile

728 Bunn Dr Princeton, NJ 08540

FOR SALE
Rehabilitation centers
Property ID
US59-1674066
67,000 SF Built 2000
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Property summary

AI-generated overview

Wolf Commercial Real Estate ("WCRE") is pleased to present the opportunity to market 728 Bunn Drive in Princeton, New Jersey (the "Property"). The Property consists of a +/- 67,000 square foot, three-story institutional building situated on a 6.27-acre secluded campus setting. The property is situated within the OR-1 T zoning district and benefits from an approved D(3) variance granted by the Princeton Zoning Board of Adjustment, along with a site plan waiver permitting its use as a substance abuse rehabilitation facility. Built in 2000, the property currently features 72 patient rooms, with approval for 102 beds and the potential to expand to 144. The building was designed for healthcare operations and offers infrastructure that supports a variety of medical and rehabilitation uses. Plumbing is run to each individual room, and the interior layout contains no load-bearing walls, allowing for flexible reconfiguration of the floor plan to suit future operational needs. The facility is fully sprinklered and ADA compliant, and includes two elevators as well as a commercial-grade kitchen equipped with an 8' x 10' walk-in refrigerator. The Property is positioned along Bunn Drive in the northern section of Princeton, providing convenient access to the region's primary commuter routes and commercial corridors. The location is just minutes from downtown Princeton and Princeton University, an area known for its vibrant mix of businesses, institutions, and amenities. Princeton's central location places the Property within close proximity to both New York City and Philadelphia, further strengthening its accessibility and long-term positioning within a highly desirable healthcare and institutional market.

Property profile

Verified
Property type Rehabilitation centers
Year built 2000
Total area 67,000 SF
UPID US59-1674066

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home
  • Wellness Program

Location

728 Bunn Dr Princeton, NJ 08540
Princeton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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