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    558 W Ingham Ave Ewing, NJ 08638

    For Sale
    Contact for pricing

    Recently renovated self-storage facility in densely populated area.

    Property size:
    50,704 SF
    Lot size:
    1.01 Acres

    Property Features for 558 W Ingham Ave

    General Information

    Size
    50,704 SF
    Lot size
    1.01 Acres

    Source: Colliers | Cleveland Agent Thomas Gustafson, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ewing Self-Storage Conversion Opportunity

    This recently converted self-storage facility opened in mid-2023. Situated in a densely populated area with 152,541 residents within a 3-mile radius, it presents a value-add opportunity due to below-average rental rates and expansion potential on the 3rd floor and lower level. The property benefits from cell tower income. The location is in an underserved market with strong demand for self-storage, indicated by a 3.39 SF/Capita ratio and a high percentage of renter-occupied housing at 54%. Located 1.5 miles from Trenton, NJ city center, it is also 34 miles from Philadelphia and 70 miles from NYC. Recent renovations include a new roof, HVAC system, elevator, dock, ramps, walkways, leasing office, windows, doors, exterior skin/façade, parking lot, and drive aisles. A new state-of-the-art, fully sprinklered fire suppression and life safety recall system has been installed, along with new electrical systems throughout the 50,704 square foot facility. The facility is 100% climate controlled. 70% of the 3-mile submarket square footage is REIT owned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storage Box Central Self-Storage Facility

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ewing
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.767353
    Latitude
    40.2345885

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    FAQs

    What type of property is this?
    Self storage facility - Recently renovated self-storage facility in densely populated area.
    Where is this self storage facility located?
    The property is located at 558 W Ingham Ave Ewing, NJ.
    What are key features of this property?
    This property features: - Underserved market with strong demand for self-storage: 3.39 SF/Capita; - Value Add –Below average rental rates, with expansion opportunity on 3rdFloor and Lower Level; - Cell Tower Income
    (216) 409-3186
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    558 W Ingham Ave Ewing, NJ 08638
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    Ewing, NJ 08638
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    558 W Ingham Ave Ewing, NJ 08638
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