First-Floor Office
For Sale
Contact for pricing
B-120 Georges Rd, New Brunswick, NJ 08901
Open-concept commercial space with a private restroom, dedicated entrance, and on-site parking.
Property Size1,150 SF
Price / SF$1.74
Days on Market92
Property Features for B-120 Georges Rd
General Information
Standard status
Active
Size
1,150 SF
Additional Details
Floor
1
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$60,237
Amenities
private restroom
security cameras
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
MIRA KIM
(732) 770-7665
Source:
Exprealty
Added: Jul 17
Changed: Oct 10
Last Checked: Oct 14 at 11:21PM
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 EXP REALTY, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,150-square-foot office unit occupies the first floor of a mixed-use property and features an open-concept interior, a private restroom, and its own front entrance. A spacious parking lot provides ample on-site parking for occupants and visitors, while security cameras are installed throughout the well-maintained building.
The property sits along a busy street with access to the New Jersey Turnpike, Route 1, and Route 18. Its office-oriented layout and transportation connections support a range of professional commercial uses.
The property sits along a busy street with access to the New Jersey Turnpike, Route 1, and Route 18. Its office-oriented layout and transportation connections support a range of professional commercial uses.
Key Highlights
- 1,150‑square‑foot first‑floor office unit
- Open‑concept interior with private restroom
- Private front entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,000
$199.0K
Cap Rate 7%
$142,143
$142.1K
Cap Rate 9%
$110,556
$110.6K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$18.2K $15.84/SF
− Vacancy
−$2.3K −$2.00/SF
EGI
$15.9K $13.84/SF
− OpEx
−$6.0K −$5.19/SF
NOI
$10.0K $8.65/SF
Area
Middlesex County, NJ
Vacancy
12.60%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,000
Cap Rate 7%
$142,143
Cap Rate 9%
$110,556
Alternative Uses
Best Use
Office B
$251.4K
$219.9K – $293.3K
NOI $17,595 @ 7.0% cap · market cap 879.75%
Second Best
Mixed Use
$142.1K
$124.4K – $165.8K
NOI $9,950 @ 7.0% cap · market cap 497.50%
Theoretical Best
Office A
$300.3K
$262.8K – $350.3K
NOI $21,020 @ 7.0% cap · market cap 1,051.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 08901, NJ
56,278
Population
17,071
Households
3.3
Avg Household Size
27
Median Age
24%
College-Educated
66%
High-School Grad
6.3 sq mi
ZIP Area
8,933
Density / Sq Mi
$60,248
Median Household Income
$25,192
Median Earnings
$1,790
Median Rent
$316,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Open-concept commercial space with a private restroom, dedicated entrance, and on-site parking.
Where is this office units located?
The property is located at B-120 Georges Rd New Brunswick, NJ.
What are key features of this property?
This property features: 1,150‑square‑foot first‑floor office unit; Open‑concept interior with private restroom; Private front entrance
