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Property profile

27 Clyde Rd Somerset, NJ 08873

OFF-MARKET
Office Spaces
958 SF Built 1985
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Property summary

AI-generated overview

This 958-square-foot office suite, located at 27 Clyde Road, Unit 201 in Somerset, New Jersey, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located workspace. The suite is situated within a professional center offering ample parking. The layout features a spacious central area perfect for a reception or waiting area, two additional private offices, a private bathroom, and a kitchenette. Additional storage is provided by a dedicated closet. Recent improvements include a hot water tank replacement in 2020, ensuring efficient and reliable operation. The property benefits from its strategic location near major transportation arteries including Routes 1, 18, and 287, providing easy access for employees and clients. Its proximity to prominent institutions such as St. Peter's University Hospital, RWJ Barnabas Health, and Rutgers University, as well as major employers like Amazon, Ferraro, and PIM Brands Inc., further enhances its appeal. This versatile space is ready for immediate occupancy and offers the potential to be customized to meet a variety of business needs. The asking price is $174,900.

Property profile

Verified
Property type Office Spaces
Year built 1985
Total area 958 SF

Cap rate & NOI

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

Location

27 Clyde Rd Somerset, NJ 08873
Somerset metro
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Value estimations

Realmo proprietary · 4 methods
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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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