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Property profile

21 Clyde Rd Franklin Township, NJ 08873

OFF-MARKET
Office Spaces
942 SF Built 1989
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Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Year built 1989
Total area 942 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Medical Clinic
  • Pediatrician Physician
  • Physician
  • Physician

Location

21 Clyde Rd Franklin Township, NJ 08873
Franklin Township 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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