Medical Office Building with Exam
201 LAUREL HEIGHTS DR, Bridgeton, NJ 08302
For Sale
Contact for pricing
Operating medical facility with multiple clinical offices, patient areas, staff workspaces, and an existing lease in place.
Property Size8,217 SF
Price / SF$182.43
Days on Market90
Property Features for 201 LAUREL HEIGHTS DR
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Collini Real Estate LLC
Listed By:
Bryan Jacobs · License #NJ 1650258
(609) 501-3375
Source:
Crexi
Added: Aug 11
Changed: Nov 4
Last Checked: Nov 8 at 7:32AM
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 Collini Real Estate LLC
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Investment Insights
Based on property information with market context.
The 8,217-square-foot medical office building was constructed in 1994 and remains fully operational with a lease in place. Its clinical layout includes four physician offices with two exam rooms each, an NP office with three exam rooms, and 10 exam rooms overall. Five exam rooms include private bathrooms, while additional facilities include a lab bathroom, two employee bathrooms, and a public restroom near the waiting area.
Patient and staff functions are supported by a nurse station with check-in and check-out areas, an upstairs conference room, two clinical offices, and a break room. The lower level adds employee desk space, two large offices, a Wi-Fi room, and a utility room containing four electrical panels and the fire alarm panel. Building updates include newer flooring and interior paint in most areas, two newer AC units, a newer roof and siding, and a parking lot redone in 2026. The property is located at 201 Laurel Heights Dr in Bridgeton, New Jersey.
Patient and staff functions are supported by a nurse station with check-in and check-out areas, an upstairs conference room, two clinical offices, and a break room. The lower level adds employee desk space, two large offices, a Wi-Fi room, and a utility room containing four electrical panels and the fire alarm panel. Building updates include newer flooring and interior paint in most areas, two newer AC units, a newer roof and siding, and a parking lot redone in 2026. The property is located at 201 Laurel Heights Dr in Bridgeton, New Jersey.
Key Highlights
- 8,217‑square‑foot medical office building constructed in 1994
- Four physician offices, each with two exam rooms
- 10 total exam rooms, including five with private bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,711
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,174,220
$2.2M
Cap Rate 7%
$1,553,014
$1.6M
Cap Rate 9%
$1,207,900
$1.2M
Market Conditions
NOI Build-Up for 8,217 SF
Gross rent
$207.1K $25.20/SF
− Vacancy
−$25.9K −$3.15/SF
EGI
$181.2K $22.05/SF
− OpEx
−$72.5K −$8.82/SF
NOI
$108.7K $13.23/SF
Area
Cumberland County, NJ
Vacancy
12.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,174,220
Cap Rate 7%
$1,553,014
Cap Rate 9%
$1,207,900
Alternative Uses
Best Use
Office B
$10.03M
$8.77M – $11.70M
NOI $701,962 @ 7.0% cap · market cap 46.83%
Second Best
Healthcare Medical
$1.55M
$1.36M – $1.81M
NOI $108,711 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$12.34M
$10.80M – $14.39M
NOI $863,653 @ 7.0% cap · market cap 57.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 08302, NJ
47,826
Population
16,038
Households
3
Avg Household Size
36
Median Age
13%
College-Educated
77%
High-School Grad
142.6 sq mi
ZIP Area
335
Density / Sq Mi
$60,301
Median Household Income
$34,137
Median Earnings
$1,351
Median Rent
$202,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Operating medical facility with multiple clinical offices, patient areas, staff workspaces, and an existing lease in place.
Where is this medical office space located?
The property is located at 201 LAUREL HEIGHTS DR Bridgeton, NJ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 8,217‑square‑foot medical office building constructed in 1994; Four physician offices, each with two exam rooms; 10 total exam rooms, including five with private bathrooms
