You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

1395 State Rt 23 Butler, NJ 07405-1732

OFF-MARKET Office Spaces Google Maps
0.13 ac lot
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$295k
Range $266k – $325k (±10%)
Property ID US59-2172532

Property summary

AI-generated overview

This exceptional 1,000+ square foot office suite presents a fantastic investment opportunity in a high-traffic location on State Route 23 South in Butler, NJ. Situated on a 0.12-acre lot, this first-floor unit boasts exceptional visibility thanks to its road signage. Previously utilized as a doctor's office, the adaptable layout is ideal for a variety of professional uses, including dental, legal, or other medical practices. The space includes a welcoming reception area, a secretary's office with three workstations, three exam rooms, two consultation rooms, a dedicated lab room, a convenient kitchenette, ample storage, and two and a half bathrooms. The property features numerous upgrades, including newer cabinetry throughout, a recently installed HVAC system with central air conditioning and heating, and a newer roof. The large on-site parking lot ensures convenient access for clients and staff. This move-in ready office suite offers a blend of functionality, modern amenities, and a prime location, making it an attractive proposition for discerning business owners. Its accessibility features cater to a wide range of potential occupants. The property's central location provides easy access to various amenities and services.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 0.13 ac (5,445 SF)
Zoning code HC
APN 03 00093- 01-00004- 03-C0004
UPID US59-2172532

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Zoning & alternative use

HC · Butler, NJ
Zoning description

e Improvement Standards (RSIS) [2] At least 1/2 space per unit shall be located in common park ing areas. GFA = Gross Floor Area Borough of Butler Schedule C Schedule of Permitted Uses R-1 Through R-4 R-5 R-6 R-7 R-8 SC…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1395 State Rt 23?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message