Prime Development Land
220 Bakers Basin Rd Trenton, NJ 08648
220 Bakers Basin Rd, Trenton, NJ, 08648
$6,999,999
For Sale
$6,999,999
8-acre property with commercial potential in Lawrence Township, New Jersey.
Property Size25,000 SF
Lot Size8.08 Acres
Price / SF$279
Days on Market193
Property Features for 220 Bakers Basin Rd
General Information
- Standard status
- Active
- Size
- 25,000 SF
- Lot size
- 8.08 Acres
- Property subtype
- Land or Vacant Lot
Listing Agency
KW EMPOWER
(215) 627-3500
Listed by
STEPHEN M KENNEDY · License #RS330775
Source
Corcoran
Added: Jan 7 Checked: Jul 19 at 4:43 am
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 KW EMPOWER
Investment Insights
Based on property information with market context.
Located in Lawrence Township, New Jersey, this 8-acre property offers a blend of natural surroundings and commercial potential. The site is encircled by greenery and bordered by a seasonal brook. Approximately 5.5 acres are cleared and graded, with the remaining land in progress. A 25,000-square-foot truck and storage terminal is being proposed. Preliminary diagrams are available, and the seller is pursuing formal plans and a zoning variance. The acreage currently generates an estimated $7,000 per month from approximately 14 trucks and has the capacity to accommodate up to seventy vehicles. Zoning permits a range of uses, including offices, outdoor recreation, research and development facilities, laboratories, agricultural operations, garden centers, light manufacturing, wholesale operations, and an animal hospital or kennel. The property is positioned near I-295 and Brunswick Pike, providing access to regional transit routes, shopping, dining, the Quaker Bridge Mall, and local industries. Its location near Princeton, Trenton, and the Pennsylvania border makes it suitable for multi-state coverage and future growth.
Key Highlights
- High income potential: Currently generating $7,000/month with capacity to accommodate up to 70 vehicles.
- Prime location: Convenient access to I‑295 and Brunswick Pike, near Princeton, Trenton, and the Pennsylvania border.
- Significant cost savings: Approximately 5.5 acres already cleared and graded, reducing buildout time and cost.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $720.0k | $28.80 |
| − Vacancy | −$57.6k | −$2.30 |
| EGI | $662.4k | $26.50 |
| − OpEx | −$99.4k | −$3.97 |
| NOI | $563.0k | $22.52 |
25,000 SF · lease $28.80/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$8.04M
$7.04M – $9.38M
NOI $563,040 @ 7.0% cap · market cap 8.04%
Second Best
Industrial
$6.68M
$5.85M – $7.80M
NOI $467,712 @ 7.0% cap · market cap 6.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - 8-acre property with commercial potential in Lawrence Township, New Jersey.
Where is this commercial land located?
The property is located at 220 Bakers Basin Rd Trenton, NJ.
What is the asking price?
The asking price for this property is $6,999,999.
What are key features of this property?
This property features: High income potential: Currently generating $7,000/month with capacity to accommodate up to 70 vehicles.; Prime location: Convenient access to I‑295 and Brunswick Pike, near Princeton, Trenton, and the Pennsylvania border.; Significant cost savings: Approximately 5.5 acres already cleared and graded, reducing buildout time and cost.
