10 Reeves Ave Hamilton, NJ 08610-3817
- Commercial real estate
- 8,378 SF
- 1.15 lot acres
Apr 05, 2024
Current Use by Public Records
- Commercial real estate
Property Details for 10 Reeves Ave
- Year built
- 1978
- Construction
- FRAME
- Lot size
- 1.15 lot acres
- Property size
- 8,378 SF
- Property type
- Commercial real estate
- APN
- 03 02386-0000-00007
- APU
- 302386000000007
Description
This Hamilton, NJ property offers a unique investment opportunity encompassing three office buildings totaling nearly 12,000 square feet. The complex sits on a 1.15-acre lot and provides convenient parking both in front and in the rear. The buildings are available for sale or lease, individually or as a portfolio. Building 1, approximately 1,900+ square feet, previously housed a law office. Building 2, a two-story structure of approximately 3,500+ square feet, was formerly occupied by an engineering firm and features office space, a conference room, two bathrooms, and storage areas. Building 3 offers a substantial 6,500+ square feet of blank canvas space, ideal for a tenant seeking a build-to-suit opportunity. The owner is open to negotiating build-out options to accommodate specific tenant needs. According to township regulations, permissible uses include medical and/or professional offices, daycare facilities, and storage. This prime location is situated less than half a mile from Route 295, benefiting from excellent access to major transportation arteries. The property also enjoys proximity to a dense residential area and is directly across the street from a park, offering a desirable and convenient setting for businesses and their employees. The owner is open to considering build-to-suit proposals to meet specific tenant requirements.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $495,000
- ML approach
- $495,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $622,000
- AI Estimate
- $622,000
Market price range: $495k - $1.20MMarket price range: $503k - $1.16M
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Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7162
- Latitude
- 40.2025
- CBSA code
- 45940
- CBSA name
- TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA