447 Nj-10 Randolph, NJ 07869
This exceptional 1,440 square foot medical office condo, situated on a 2.91-acre lot in Randolph, New Jersey, presents a rare owner-user opportunity. Located on the highly visible Route 10 Eastbound, this first-floor unit offers unparalleled convenience and accessibility. Built in 1986, the Class B building features six individual offices, a dedicated conference room, and a spacious bullpen area. The property is plumbed for medical use, making it ideal for a variety of healthcare practices. Benefit from prominent monument signage, ensuring high visibility for your business. Ample parking is available with a generous ratio, and low condo fees minimize overhead costs. The property is zoned B-4 (Office/Medical), ensuring flexibility and compliance. Enjoy the convenience of nearby shopping, dining, and banking options, all while benefiting from easy access to major highways. This is a first-time offering in decades, representing a unique chance to establish or expand your practice in a thriving location. The asking price is $299,999, translating to $208.33 per square foot. The two-story building consists of one unit.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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