Office Unit in Business
For Sale
$265,000
1450 PARKSIDE AVENUE #11, Ewing Twp, NJ 08638
Professional office space in an established business park with brick construction and a layout suited to varied business needs.
Property Size1,078 SF
Price / SF$245.83
Days on Market52
Property Features for 1450 PARKSIDE AVENUE #11
General Information
Standard status
Active
Size
1,078 SF
Property subtype
Commercial
Building Details
Year Built
1985
Construction
brick
Listing Agency:
Coldwell Banker Residential Brokerage-Princeton Jct
(609) 799-8181
Listed By:
Gilbert L Cheeseman Jr. · License #RS327978
(609) 575-5878
Source:
Cummingsrealtors
Added: Aug 26
Changed: Oct 15
Last Checked: Oct 14 at 11:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Residential Brokerage-Princeton Jct
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Investment Insights
Based on property information with market context.
This office unit provides 1,078 square feet within an established business park setting. Built in 1985, the property features brick construction and a planned interior layout that can accommodate a range of business needs. The maintained exterior presents a professional setting for day-to-day operations and client meetings.
The property is located at 1450 Parkside Avenue #11 in Ewing Township, New Jersey, within a business park serving a professional business community. Its setting supports access to surrounding commercial activity while providing a dedicated office address.
The property is located at 1450 Parkside Avenue #11 in Ewing Township, New Jersey, within a business park serving a professional business community. Its setting supports access to surrounding commercial activity while providing a dedicated office address.
Key Highlights
- 1,078‑square‑foot office unit
- Located within an established business park
- Brick construction completed in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,671
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,420
$193.4K
Cap Rate 7%
$138,157
$138.2K
Cap Rate 9%
$107,456
$107.5K
Market Conditions
NOI Build-Up for 1,078 SF
Gross rent
$14.5K $13.44/SF
− Vacancy
−$1.6K −$1.48/SF
EGI
$12.9K $11.96/SF
− OpEx
−$3.2K −$2.99/SF
NOI
$9.7K $8.97/SF
Area
Mercer County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,420
Cap Rate 7%
$138,157
Cap Rate 9%
$107,456
Alternative Uses
Best Use
Office B
$138.2K
$120.9K – $161.2K
NOI $9,671 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$346.8K
$303.5K – $404.6K
NOI $24,278 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
Explore this area
Business Placement
Demographics for 08638, NJ
23,548
Population
10,148
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
5.4 sq mi
ZIP Area
4,361
Density / Sq Mi
$65,650
Median Household Income
$40,374
Median Earnings
$1,499
Median Rent
$226,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Professional office space in an established business park with brick construction and a layout suited to varied business needs.
Where is this office units located?
The property is located at 1450 PARKSIDE AVENUE #11 Ewing Twp, NJ.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 1,078‑square‑foot office unit; Located within an established business park; Brick construction completed in 1985
