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Property profile

1 Clyde Rd Franklin Township, NJ 08873

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional Somerset, NJ medical office building at 1 Clyde Rd, 08873, offers two units totaling $400,000. The first floor, priced at $210,000, is currently configured for medical use, featuring four large offices/patient rooms, a reception area, kitchenette, and storage. It's ideal for a medical professional and benefits from a campus-like setting. The second-floor unit, listed at $190,000, boasts abundant natural light and includes a large office/conference room, four additional offices, and a kitchenette. Both units are conveniently located near major roadways (Routes 287, 27, and 1), the New Brunswick Train Station, St. Peter's Hospital, Robert Wood Johnson University Hospital, and Rutgers University. Each floor has separate entrances. The building offers privacy and is perfect for various professional uses. The owner will consider a sale/leaseback option for the first floor, and the combined units are also available for purchase. This property presents a unique opportunity in a highly desirable location. The building is an end unit with excellent natural light.

Property profile

Verified
Property type Office Spaces

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
  • Physician
  • Physician
  • Psychotherapist Counselor

Location

1 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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