Building Details

Year Built 1984

Listing Agency: Cushman & Wakefield - East Rutherford, New Jersey

Listed By: Frank A. DiTommaso II · License #NJ 1861409

Source: Crexi

Added: Feb 9 Changed: Oct 4 Last Checked: Oct 5 at 5:17PM

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Investment Insights

Based on property information with market context.

This 53,000 square foot property is situated on 5.1 acres in West Windsor Township, NJ. The property is located in the Princeton submarket and features flexible ROM-4 Industrial zoning, suitable for lab, R&D, and testing purposes. It presents a headquarters opportunity.

Key Highlights

• 53,000 SF HQ Opportunity
• Situated on a 5.1 Acre Property
• Flexible Zoning: ROM‑4 Industrial

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$991,549

Cap Rate

8.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$19,830,980 $19.8M

Cap Rate 7%

$14,164,986 $14.2M

Cap Rate 9%

$11,017,211 $11.0M

Market Conditions

NOI Build-Up for 53,000 SF

Gross rent

$1.53M $28.80/SF

− Vacancy

−$109.9K −$2.07/SF

EGI

$1.42M $26.73/SF

− OpEx

−$424.9K −$8.02/SF

NOI

$991.5K $18.71/SF

Area

Mercer County, NJ

Vacancy

7.20%

Lease Rate

$28.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$19,830,980

Cap Rate 7%

$14,164,986

Cap Rate 9%

$11,017,211

Alternative Uses

Best Use

Industrial

$14.16M

$12.39M – $16.53M (±1% cap)

NOI $991,549 @ 7.0% cap · market cap 8.26%

Second Best

Flex RnD

$6.41M

$5.61M – $7.48M (±1% cap)

NOI $448,853 @ 7.0% cap · market cap 3.74%

Theoretical Best

Warehouse

$17.05M

$14.92M – $19.89M (±1% cap)

NOI $1,193,645 @ 7.0% cap · market cap 9.95%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

MISTRAS Group - Headquarters Corporate Office Physical Acoustics Corporation Laboratory Transformer Clinic Medical Clinic NDT Automation Car Dealership

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Repair Shop Bakery Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

293

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 08550, NJ

21,034

Population

7,839

Households

2.7

Avg Household Size

43

Median Age

84%

College-Educated

99%

High-School Grad

19.1 sq mi

ZIP Area

1,101

Density / Sq Mi

$206,658

Median Household Income

$121,740

Median Earnings

$2,694

Median Rent

$758,900

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Malayali food — C/o global grill, 217 Clarksville Rd, West Windsor Township, NJ 08850
• A Touch of Class — 51 Everett Dr # B60, West Windsor Township, NJ 08550

Frequently Asked Questions

What type of property is this?

Flex space - 53,000 SF property on 5.1 acres in West Windsor.

Where is this flex space located?

The property is located at 195 Clarksville Rd West Windsor Township, NJ.

What is the asking price?

The asking price for this property is $12,000,000.

What are key features of this property?

This property features: 53,000 SF HQ Opportunity; Situated on a 5.1 Acre Property; Flexible Zoning: ROM‑4 Industrial