1395 Nj-23, Butler, NJ 07405
This exceptional 1,500 square foot medical office space is available for purchase at $299,000. Ideally situated on heavily trafficked Route 23 South in Butler, New Jersey (zip code 07405), this turnkey property is perfectly suited for immediate occupancy. The beautifully appointed space boasts a welcoming waiting room, a spacious reception and administrative office, three exam rooms complete with integrated sinks, two consultation rooms, a dedicated laboratory, and a convenient kitchenette. Two and a half bathrooms add to the functionality and convenience. A separate staff entrance ensures efficient workflow and patient privacy. Located in Morris County, this property offers easy access for patients and staff alike, making it an excellent investment opportunity for medical professionals seeking a ready-to-use practice space. The property is a medical office within a larger building, and is ready for immediate use. The address is 1395 NJ-23 S, Butler, NJ.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.