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    21 Clyde Rd Franklin Township, NJ 08873

    Sponsored
    For Sale
    $174,900

    Vacant Medical Office, Franklin Twp, NJ

    Property size:
    942 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 942 square foot Class B medical office, located at 21 Clyde Rd, Somerset, NJ 08873 (Franklin Township, Somerset County), presents a fantastic investment opportunity. Built in 1989, this vacant, single-unit property offers 1,223 square feet of net rentable space and is ideally suited for a variety of medical or professional uses. The space features a large waiting area, reception desk, two large exam rooms, a private office (or a third exam room), a kitchenette, and a private bathroom. Its prime location offers easy access to major roadways, including Routes 287, 27, and 1, placing it within convenient reach of New Brunswick and its amenities. The property is part of the Somerset Professional Center Complex, providing a professional and established setting. Proximity to New Brunswick Train Station, St. Peter's Hospital, Robert Wood Johnson University Hospital, and Rutgers University adds significant appeal. The quarterly association fee is $925.09. The seller is open to including office equipment in the sale, contingent upon buyer interest. This is a turnkey opportunity for a medical professional or business seeking a well-appointed space in a desirable location. Don't miss this chance to acquire a valuable asset in a thriving New Jersey community.

    Property Features for 21 Clyde Rd

    General Information

    Property type
    Medical offices
    Square Feet
    942 SF
    Class
    B

    Building Details

    Year Built
    1989
    Units
    1

    HighLights

    • $174,900 asking price.
    • 942 square foot, Class B, vacant medical/commercial office building in Somerset, NJ.
    • Located at 21 Clyde Rd, Franklin Township, Somerset County, NJ 08873.
    • Features a large waiting area, reception desk, two exam rooms, a private office, kitchenette, and private bathroom.
    • Building offers easy access to Routes 287, 27, and 1, and proximity to New Brunswick Train Station, St. Peter's Hospital, and Robert Wood Johnson University Hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Franklin Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.507502
    Latitude
    40.487412

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    FAQs

    What type of property is this?
    Medical office - Vacant Medical Office, Franklin Twp, NJ
    Where is this medical office located?
    The property is located at 21 Clyde Rd Franklin Township, NJ.
    What is the asking price?
    The asking price for this property is $174,900.
    What are key features of this property?
    This property features: $174,900 asking price.; 942 square foot, Class B, vacant medical/commercial office building in Somerset, NJ.; Located at 21 Clyde Rd, Franklin Township, Somerset County, NJ 08873.
    Request Owner's contact information
    21 Clyde Rd Franklin Township, NJ 08873
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    Franklin Township, NJ 08873
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Clyde Rd Franklin Township, NJ 08873
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