Prime Development Land
For Sale
$6,999,999
220 BAKERS BASIN RD, Trenton, NJ 08648
8-acre property with commercial potential in Lawrence Township, New Jersey.
Property Size25,000 SF
Lot Size8.00 Acres
Price / SF$279
Days on Market227
Property Features for 220 BAKERS BASIN RD
General Information
Standard status
Active
Size
25,000 SF
Lot size
8.00 Acres
Property subtype
Land
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Stephen M Kennedy · License #RS330775
(267) 614-3033
Source:
360
Added: Mar 5
Changed: Oct 4
Last Checked: Oct 16 at 8:46AM
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
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$563,040
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,260,800
$11.3M
Cap Rate 7%
$8,043,429
$8.0M
Cap Rate 9%
$6,256,000
$6.3M
Market Conditions
NOI Build-Up for 25,000 SF
Gross rent
$720.0K $28.80/SF
− Vacancy
−$57.6K −$2.30/SF
EGI
$662.4K $26.50/SF
− OpEx
−$99.4K −$3.97/SF
NOI
$563.0K $22.52/SF
Area
Mercer County, NJ
Vacancy
8.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,260,800
Cap Rate 7%
$8,043,429
Cap Rate 9%
$6,256,000
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Explore this area
Business Placement
Demographics for 08648, NJ
31,955
Population
12,217
Households
2.6
Avg Household Size
40
Median Age
60%
College-Educated
92%
High-School Grad
16.7 sq mi
ZIP Area
1,913
Density / Sq Mi
$118,036
Median Household Income
$54,833
Median Earnings
$1,953
Median Rent
$395,400
Median Home Value
Check the figures for this property
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?
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.
